The expansion comes at a time of Insight’s growing activity in the DC-area multifamily and mixed-use development market and in our business nothing matters more than talent and teamwork
Arlington, VA (PRWEB) August 23, 2012
Insight Property Group an Arlington, Virginia based developer announced this week that three senior-level executives have joined the firm. The expansion comes at a time of Insight’s growing activity in the DC-area multifamily and mixed-use development market and relocation of the firm’s offices to Ballston.
New appointments include William H. Goodman who has been named Insight’s Chief Financial Officer. Mr. Goodman comes to the firm with over 30 years experience in real estate accounting, finance and asset management. As CFO, Mr. Goodman will direct the finance, accounting, asset management, information technology, human resources and office administration functions for Insight.
Previous firms where Mr. Goodman held executive positions include Equity Homes and Kettler, Inc. where he was the Chief Financial Officer responsible for the finance, accounting, asset management, and I.T. functions for this owner/developer. Mr. Goodman also served as Vice President–Controller at apartment investment firm C.R.I., Inc. in Rockville, MD, where he directed the finance, asset management, accounting, budgeting and forecasting, payroll, employee benefits, insurance and management reporting functions for CRI and its over 160 privately held real estate partnerships owning over 400 apartment properties throughout the United States. Mr. Goodman started his career as an Audit Senior at Arthur Andersen & Co. in its Washington, DC office. He earned a BSBA/Accounting and Finance degree from the University of Richmond (summa cum laude) and is a Certified Public Accountant in Virginia.
In addition, Nicolas Pasanella has been named Construction Partner responsible for the construction of Insight’s multifamily and mixed-use development projects. Mr. Pasanella, a Vassar and Columbia University educated architect, brings more than 20 years of architectural, construction and development experience to Insight. Mr. Pasanella has been directly responsible for the construction of thousands of apartment and condominium units throughout the DC area. Prior senior-level positions held by Mr. Pasanella include significant time at Monument Realty and Kettler, Inc.
And, Maury Stern has been named Director of Development responsible for all facets of development of large multifamily and mixed-use projects currently in Insight’s pipeline. Mr. Stern is also a veteran DC-area apartment developer and has held senior positions at JPI and most recently StonebridgeCarras. Mr. Stern earned an MBA in Real Estate Finance from Columbia Business School and a Bachelors degree in Economics from Johns Hopkins University.
Current Insight projects include two large mixed-use developments on H Street NE in Washington, DC, a 310-unit luxury apartment project being developed in Silver Spring, Maryland, a 240-unit residential project being developed in Alexandria, Virginia, and a high-end residential project that Insight plans to develop in Rosslyn, Virginia. The firm’s newly built Grayson Flats apartment project in Arlington is set for completion this fall, and the company has also acquired 572 existing apartments in four locations.
“In our business nothing matters more than talent and teamwork,” according to Insight principal Richard Hausler. “The Insight team has worked together for many years, and these seasoned professionals will help us be smarter and continue to grow in the marketplace.”
Founded by longtime multifamily industry veterans Richard Hausler and Michael Blum, Insight Property Group LLC acquires, repositions, and develops well-located apartments and mixed-use real estate in the Washington, D.C. metropolitan region. The principals have over 70 years of experience in the area real estate industry. For more information, visit: http://www.insightpropertygroupllc.com.