Franklin Johnston Group Announces Seasoned Portfolio Management Team

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The Franklin Johnston Group assembles one of the most experienced portfolio management teams in the region’s apartment management industry.

The Franklin Johnston Group—not quite one year old as a company—has assembled one of the most experienced portfolio management teams in the region’s apartment management industry. Team members include Bill Harrington, Pete Sheeran and Lori Houston.

Bill Harrington, Vice President at FJG and a 15-year veteran of the multi-family industry, will head up the portfolio team. Harrington oversees day-to-day operations, budgets and compliance for more than 1,000 luxury and LITHC communities. He holds a Certified Property Manager (CPM) designation from the Institute of Real Estate Management (IREM).

Pete Sheeran, Vice President and Portfolio Manager, oversees more than 3000 residential apartments from Northern Virginia to North Carolina. Sheeran’s portfolio includes market rate, high-end luxury and affordable communities. In addition to his management background, he has experience in new construction lease-ups, renovations and tax credit communities. Sheeran holds the CPM designation and is Fair Housing Certified.

Lori Houston, Vice President and Portfolio Manager, has been affiliated with the founders of Franklin Johnston Group for more than 14 years. She manages more than 1,000 apartment residences from Richmond to Virginia Beach. In addition to her management responsibilities, Houston will play an active role in the company’s expansion of third party management contracts. She is a candidate for the CPM designation this year.

“We have assembled what we think is one of the best portfolio management teams in the business,” said Taylor Franklin, President and Chief Operating Officer. “They bring several decades of combined experience to the properties we manage, benefiting our more than 5,300 residents, our investors and our partners. We are well equipped to not only serve existing properties but also to greatly expand our portfolio in the coming months.”

The Franklin Johnston Group is a developer and manager of multifamily rental residences in the senior, luxury and affordable housing sectors. The company owns and manages more than 5000 units and 38 properties throughout the Eastern U.S. The FJG portfolio is composed of its own properties as well as those owned in partnership with various individual and institutional investors. The company develops new properties and acquires and rehabilitates existing communities. FJG is headquartered in Virginia Beach, VA and employs more than 250 people throughout the mid-Atlantic and Southeast.

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Sarah Nicosia
Davis & Company
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