Continental Realty Corporation selects Rachel Brooks Young as Asset Manager, Multifamily Division

11 April 2023
Rachel Brooks Young

Continental Realty Corporation (CRC), a Baltimore-based real estate investment and management company with a portfolio value exceeding $3.5 billion, has announced the selection of Rachel Brooks Young as Asset Manager, Multifamily. Young, who brings nearly 10 years of diversified commercial real estate and asset management experience to CRC, formerly worked in Asset Management for Hudson Capital Properties in Raleigh, North Carolina.

Young will oversee the financial performance of a portion of CRC’s multifamily portfolio in Georgia and the Carolinas. This includes working closely with the Multifamily Acquisitions team to onboard new assets, assist in the underwriting processes and leverage data from within the existing portfolio to help shape strategies on the buyside. Young will work from the Raleigh area, where CRC owns and manages The Edison Lofts, St. Mary’s Square Apartments, The Village Apartments and St. Mary’s Square North Apartments.

In addition to Hudson Capital Properties, Young handled asset management responsibilities for CAHEC Management and JP Morgan, while also working as an Acquisitions Real Estate Analyst for Lidl. She earned her bachelor’s degree in Mass Communication from the University of North Carolina at Pembroke and her Master of Public Policy from George Mason University’s Schar School of Policy and Government.

“We selected Rachel because she brings institutional experience from JP Morgan, a track record of overseeing a complex tax credit portfolio at CAHEC, and most recently she has managed a stabilized market-rate class A portfolio in many of the southeast markets where we also operate,” said Elisabeth Mygatt, CRC’s Director of Multifamily Asset Management. “Over her nearly 10 years in the industry she has developed skillsets that will allow her to make an immediate positive impact on our team.”