Dan Chappell Hired as Chief Acquisitions Officer While Andrew Kadish, Stephen Catarinella and Savas Karas Take on Expanded Roles
NORTH BETHESDA, Md., July 23, 2025 /PRNewswire-PRWeb/ -- CAPREIT (www.capreit.com), a fully integrated real estate operating company responsible for the ownership and management of more than $6 billion of multifamily assets in the U.S., today has announced a series of strategic leadership appointments to support the company's continued growth and investment focus across key U.S. markets.
Andrew Kadish, who took over as Chief Executive Officer in 2024 after nine years as President, will assume the dual role of Chief Investment Officer. In this expanded role, Kadish will oversee the firm's national investment strategy, portfolio expansion, capital allocation and market prioritization efforts.
Additionally, CAPREIT has hired Dan Chappell as Chief Acquisition Officer. The multifamily veteran boasts decades of experience in acquisitions and capital markets. Most recently a senior acquisitions executive at Elme Communities, Chappell will lead the company's workforce housing acquisition strategy across high-growth regions, including the Mid-Atlantic, Southeast and northern Midwest.
To further drive growth, the company announced that former Chief Investment Officer Stephen Catarinella will assume a new role as Chief Portfolio Management Officer. Catarinella, a longstanding CAPREIT leader with more than a decade of service at the company, will direct national portfolio management efforts, with a focus on performance optimization, strategic reinvestment and alignment with broader investment objectives.
In addition, former Chief Technology Officer Savas Karas has been promoted to Chief Operating Officer. Karas, a strategic leader recognized across the multifamily industry, will drive significant organizational transformation at CAPREIT through his dedication to process improvement and technology integration.
"These leadership changes reflect our commitment to scaling our portfolio with discipline and purpose," Kadish said. "With Dan focused on sourcing high-quality workforce housing, Steve driving performance across our assets and Savas pushing the envelope by solving for higher efficiencies across the organization, CAPREIT is well-positioned for its next chapter of strategic growth."
Founded in 1993, CAPREIT owns and operates a diverse portfolio of multifamily communities throughout the U.S. totaling more than 14,000 units. The company is known for its long-term investment horizon, operational excellence and focus on attainable housing.
About CAPREIT
As one of the nation's leading housing companies since its inception in 1993, North Bethesda, Md.-based CAPREIT has been involved in more than 200 multifamily communities, representing more than 40,000 rental homes housing more than 100,000 residents. CAPREIT focuses on the implementation of a savvy acquisition strategy, innovative financial structures, and a professional property management style based on resident satisfaction and retention, as well as asset preservation and enhancement. Today, CAPREIT maintains its mission to create value-added growth through strategic acquisitions, continuing to capitalize on multifamily housing opportunities. The company currently owns and/or manages approximately 12,000 apartment units in over 20 U.S. states and is actively seeking to grow its multifamily footprint throughout the continental United States.
Media Contact
Stephen Ursery, CAPREIT, 1 (303) 682-3945, [email protected], https://www.capreit.com/
SOURCE CAPREIT
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