As Senior Vice President for Franklin Street Management Services, Chad Dewald oversees the operation and financial management of a large portfolio of properties throughout Florida and Georgia while also leading business development efforts and client services across the Southeast. He works with owners to develop a strategy for their assets and implements solid operating standards to achieve each client’s goal.
Mr. Dewald has supervised portfolios with more than 5,000 units for multiple ownership groups. His expertise covers a variety of apartment types, ranging from Class A to Class C assets. During his tenure at Franklin Street, he has overseen a variety of projects including rehabilitation, design, acquisition, repositioning, due diligence, and lease-ups.
Before his current position, Mr. Dewald served as Regional Manager for Franklin Street. In addition to overseeing portfolios throughout the Southeast, Mr. Dewald was a major contributor to the creation and growth of Franklin Street Management Services from its inception to today. Prior to Franklin Street, he worked as a Sales Consultant for a custom home builder in Cincinnati, overseeing the design, construction, and sale of more than $20 million worth of single-family homes.
Active in the real estate community for more than 10 years, Mr. Dewald serves on the Board of Directors for the Bay Area Apartment Association (BAAA) and was named Franklin Street’s 2013 Management Corporate Employee of the Year for his leadership and outstanding service to the company.
Mr. Dewald received his Accredited Residential Manager (ARM) certification from The Institute of Real Estate Management. He graduated from Miami University in Ohio with a Bachelor of Science in Economics.
Multi-Housing News: ZMR Capital Buys Tampa Apartments for $65M
August 10, 2021
ZMR Capital has paid $65 million to NorthEnd Equities for Hanley Place, a 400-unit multifamily property in Tampa, Fla. CBRE represented both parties. The property last changed hands in 2018, when NorthEnd purchased it from Axionic Properties for $42.2 million, according to Yardi Matrix. ZMR Capital plans to invest in extensive updates and capital improvements…