In May, Art Evans stepped down from his president and CEO roles at A.F. Evans Co., the company he founded in the mid-1970s. During his tenure, the Oakland, Calif.-based company developed and built more than 80 properties, ranging for affordable urban apartments for seniors to market-rate condos. Evans, 67, will remain as chairman of the board.
The National Association of Home Builders announced that Leonard Wood, CEO of Atlanta-based Wood Partners, will become chairman
of NAHB’s multifamily leadership board in December, following J. Ronald Terwilliger of Trammell Crow Residential.
Katharine Briggs has joined Charlotte, N.C.-based Medalist Capital as a vice president. She will focus on capital sourcing and investment sales for commercial real estate clients, with a primary focus on multifamily communities. Previously, she worked for Summit Properties, where she was vice president of finance. Former Summit Properties executives Michael Underwood and Greg Bonifield have established Woodfield Investments. The company, which has offices in Ashburn, Va., and Raleigh, N.C., handles land and property development services for multifamily and mixed-use residential development projects.
Kelly S. Morris has formed her own consulting firm: KSM Multifamily Consulting of Tucson, Ariz. The firm will focus on providing expertise to owners, investors, and lenders involved in the development and management of multifamily properties, with a special emphasis on tax credit projects. Previously, Morris was a vice president of asset management with AIG SunAmerica Affordable Housing Partners.
Cascade Affordable Housing has named Mark G. Varga asset manager. Varga will be responsible for the asset management of a portfolio of affordable multifamily properties throughout the country. Cascade is an affiliate of Pinnacle, an American Management Services company. The Bozzuto Group has promoted a number of employees. Thomas S. “Toby” Bozzuto Jr. has been named vice president of Bozzuto Development Co., which he joined in 2001 as a development associate. Ryan Ogden has been promoted to vice president of the Greenbelt, Md.-based company’s newly formed subsidiary, Bozzuto Acquisitions. He will handle the acquisition and disposition of apartment communities and identify opportunities for repositioning. Bozzuto Management Co. has promoted Brian J. Green to vice president, where he will oversee the accounting efforts for a portfolio of more than 50 properties. Lastly, Kelly Arslanian has been promoted to assistant vice president of The Bozzuto Group, where she also serves as corporate controller.