This article was original published on Multifamily Executive by Christine Serlin.
The firm has recently made personnel moves that will support further nationwide expansion. Jamie Telchin has been promoted from vice president of development, Florida, to managing director of multifamily development. In addition, Mike Boone joined the firm as managing director of multifamily operations. Telchin will lead nationwide land acquisition and development for all its Pointe Grand apartment communities and Pointe Villas build-to-rent communities, while Boone will lead the leasing and property management teams across those communities.
“Our top priority is to build a scalable, best-in-class development operation that can support Hillpointe’s trajectory toward 10,000-plus annual starts,” notes Telchin.
On the development side, the firm has 25 projects under construction with over 50 additional projects in the predevelopment pipeline.
Telchin says his key focus is to grow Hillpointe’s pipeline across the Sun Belt.
“Sourcing is a challenge in any market, and continuing to work with brokers and land sellers remains an ongoing priority for our team to locate appropriate sites throughout the Sun Belt where we can successfully develop our attainable housing platform,” he adds.
Hillpointe has a current fund with $750 million in capital that it is continuing to deploy for quality sites in targeted markets. According to Telchin, the firm looks for sites close to growing regional areas in primary, secondary, or tertiary markets that have a deficit of attainable housing.
