Ed Wolff has been hired as president and chief revenue officer of Dallas-based Aerwave, a next-generation managed Wi-Fi platform leading the transformation of the connectivity foundation in the multifamily industry.
The company also said that Charles Walker will be promoted to chief operations officer and Daniel Jensen will transition to chief strategy officer.
“Bringing on someone of Ed’s caliber, as well as promoting Charles and Daniel to their new roles, will help us remain true to our commitment to build a premier-quality company that passes the test of time with a remarkable team to drive innovation for our customers and the communities we serve,” CEO Jeffrey Kok said in a statement. “Their valuable insight and leadership will certainly put us in a prime position to build on our foundation enabling us to further bolster our portfolio and set the stage for future expansion and scalability. It will also solidify our mission to be the trusted technology leader in the market powered by the strongest, most unified team in our effort to transform the digital landscape and optimize connectivity within the managed Wi-Fi space.”
‘Undeniably remarkable’ growth
Since its founding in 2019, Aerwave said it has accumulated a multimarket portfolio of more than 30,000 apartment homes with an additional 200,000 apartment homes in the pipeline. Wolff’s addition will enable the company to enter new markets, develop new products and strategically cultivate long-lasting partnerships with its clients.
“I’ve been watching Aerwave over the years and the growth of the company is undeniably remarkable,” Wolff said in a statement. “I’m thrilled to be a part of its bright future and upward trajectory. Coupled with Aerwave’s existing proven industry leaders and in-depth knowledge of innovative WiFi solutions, I’m excited to lean on my industry acumen and help catapult the company to new heights.”
With over 25 years of experience in the real estate and technology sectors, Wolff has a track record of developing and implementing successful business strategies.
His responsibilities at Aerwave will consist of overseeing multiple departments within the company, including sales, marketing, customer success and client solutions.
Before joining Aerwave, Wolff was president and chief revenue officer of LeaseLock. He was also president of LeasingDesk Insurance and Screening at RealPage.
Prior to LeaseLock and RealPage, Wolff was the chief operating officer at Cortland and chief administrative officer at Pinnacle and Place Properties.
Strategy and operations
Jensen, Aerwave co-founder and previous chief revenue officer, will transition to chief strategy officer, the company said. In his new role, Jensen will collaborate with other teams in designing and implementing strategies for business development and go-to-market strategies.
He will also be responsible for special projects.
Aerwave said Jensen has been instrumental in building out its portfolio strategy with its partners and will continue to expand Aerwave’s brand, story and reputation in this new role. Before starting Aerwave, Jensen worked at Ernst Young in its strategy and transaction group, working with real estate companies.
Walker will leave his post as SVP of service delivery to take on the role of chief operations officer, Aerwave said.
He will be charged with leading the operational performance of Aerwave’s construction, engineering, architecture, operations, and product teams. Under his leadership, operations and the product have been transformed to enable innovation, stability, scalability and security for the benefit of Aerwave’s customers and residents.
Walker joined Aerwave in 2022 from Equity Residential, where he served as assistant vice president of IT.
Seamless connectivity for multifamily communities
Aerwave’s uses fiber-based mesh networking and proprietary software to provide multifamily communities with instant-on, gigabit-plus internet that ensures a pervasive and seamless Wi-Fi connection throughout the entire property.
Aerwave said its NMHC Top 50 apartment manager and owner clients include Equity Residential, Greystar, BH, Essex Property Trust, Inc., Berkshire Residential Investments, Knightvest Capital, Trammell Crow Residential, Mill Creek Residential and AvalonBay Communities. Other top clients include The Westover Companies, Brookfield Properties, AMLI Residential, and JBG SMITH.
Aerwave is investment-backed by venture capital firm Moderne Ventures.
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