July 31, 2017
CRC Appoints David Hoyle as Regional Property Manager
Continental Realty Corporation (CRC), a Baltimore-based commercial real estate investment and management company, has appointed David Hoyle to the position of Regional Property Manager in CRC’s Multifamily Division. He formerly worked for Home Properties as Regional Property Manager.
In his new role, Mr. Hoyle will oversee the day-to-day property management functions for a portion of the company’s portfolio of apartment communities, which consists of nearly 10,000 units located in the Mid-Atlantic and Southeast regions of the country. This includes working to achieve higher operational efficiency and integrating new properties into the property management system. Mr. Hoyle will also manage the execution of proper maintenance protocols and tenant relations, oversee budgets and negotiate and supervise service contracts.
He brings more than 16 years of progressive property management experience to the company, having also held management-level positions with Morgan Properties and Archstone-Smith. While working with Home Properties, Mr. Hoyle managed a portfolio of more than 2,300 multifamily homes. He studied economics at the University of Maryland at Baltimore County.
“With the recent addition of several high-profile multifamily communities, we were in need of a seasoned property management professional to provide strong leadership and industry knowledge throughout our growing portfolio,” explained Scott Hamlin, Director of Property Management for the Multifamily Division of Continental Realty Corporation. “We were impressed with David’s demonstrated success in this sector, and have extreme confidence in his ability to stabilize and expertly manage numerous properties. Our plan is to continue to acquire value-add multifamily communities.”
Continental Realty Corporation, headquartered in Baltimore and founded in 1960, is a full-service commercial real estate investment and management company. The privately-owned firm owns and manages a diversified portfolio of retail centers consisting of over 3.5 million square feet of space, as well as apartment communities featuring nearly 10,000 apartment homes. Positioned throughout the Mid-Atlantic and Southeast regions, the value of the portfolio exceeds $1.5 billion.
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