February 22, 2018
CRC Selects Joe Schaefer as Real Estate Manager
In his new position, Mr. Schaefer will support the Commercial, Multifamily and Construction divisions of the company with targeted responsibilities designed to enhance or drive forward specific projects. This will include performing research on property-level capital projects; reporting and benchmarking company operations against identified industry peers; creating financial models and handling special assignments.
Mr. Schaefer brings a diversified real estate background in operations, management and acquisitions to the company. In addition to managing the day-to-day operations for a residential portfolio on behalf of Landmark Realty, he also held community director and assistant community manager positions with Community Realty Company and Border Management.
He earned a Bachelor of Arts degree in Managerial Economics from Allegheny College and a Master of Professional Studies in Real Estate from Georgetown University. Mr. Schaefer holds a commercial real estate license in the State of Maryland and Washington, D.C. and is a member of the Urban Land Institute.
“Joe is a highly-organized and seasoned professional with a talent for creative problem-solving and represents the ideal candidate to assume this multi-faceted position,” stated David Donato, Senior Vice President of Continental Realty Corporation. “We were impressed with his strong work ethic and aptitude of many different real estate categories that have direct application to the direction of Continental Realty. This will be a key role for the continued growth of Continental Realty’s property management division.”
Continental Realty Corporation (CRC), 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 $2 billion.
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