Greystar hires Jeff Cangemi as Managing Director of University Partnerships to support expansion of platform
CHARLESTON, S.C., July 29, 2021 – Greystar, a global leader in the investment, development, and management of high-quality rental housing properties and collegiate facilities, is pleased to announce that Jeff Cangemi has joined the company as Managing Director of University Partnerships. In this role, he will work with the University Partnerships team to expand Greystar’s platform in the East. Mr. Cangemi will report to Julie Skolnicki, Senior Managing Director of University Partnerships.
“As we continue to expand our University Partnerships platform across project types and structures, it is critical for us to build the right team to advance our strategic priorities and serve as a trusted partner to academic institutions, said Ms. Skolnicki. “Mr. Cangemi has joined our University Partnerships team to respond to the growth of public-private partnerships (P3s) and to leverage our growing portfolio of asset types, including student housing, workforce housing, active adult, single family residential, conventional multifamily housing, industrial, and life science to support each university’s goals”
With over 35 years in the industry, Mr. Cangemi’s experience spans across student housing, social infrastructure public-private partnerships, investments, and development. Prior to joining Greystar, Mr. Cangemi held leadership roles with Star America Infrastructure Partners, Balfour Beatty, and Lendlease, focused on investment management, business development, project execution, and operations across the U.S. He holds a bachelor's degree in Business Management from Miami University in Oxford, OH.
“I was attracted to Greystar because of its high-quality people, professional culture, and innovative approach to the rental housing and university partnerships business,” Mr. Cangemi said. “I am truly excited and honored to be part of such a dynamic, results-oriented organization.”
Mr. Cangemi joins a University Partnerships team that has three projects under development in the East featuring nearly 1,800 beds and worth nearly $300 million in development. The current East pipeline includes 22 projects, more than 6,000 beds, extensive life science/commercial space, and $2.1 billion in development.
“We are very excited to have Jeff join the UP team during this time of significant growth for Greystar and the sector,” Ms. Skolnicki said. “His depth of experience with complex multi-phased projects and his unique understanding of P3 development and financing structures through an institutional lens are invaluable to both Greystar and our partners.”
Greystar is a leading, fully integrated real estate company offering expertise in investment management, development, and management of rental housing properties globally. Headquartered in Charleston, South Carolina, Greystar manages and operates over an estimated $220 billion of real estate in more than 200 markets globally including offices throughout the United States, United Kingdom, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, managing more than 740,000 units/beds, and has a robust institutional investment management platform with approximately $41.3 billion of assets under management, including over $19.2 billion of assets under development. Greystar was founded by Bob Faith in 1993 with the intent to become a provider of world-class service in the rental residential real estate business. To learn more, visit www.greystar.com.
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