Continental Realty Corporation (CRC), a Baltimore-based real estate investment and management company active in 10 states and with a portfolio value exceeding $3.6 billion, has announced the promotion of Kristen Koritzer to Senior Property Accountant. Formerly Property Accountant, she has worked for CRC since 2016.

In her continuing new role with the company, Koritzer will manage the accounting responsibilities for a portfolio of CRC multifamily properties situated around the country, while also assuming review and management roles. Her activities will include assembling monthly and year-end packages, and handling bank reconciliations, accruals, reclasses, budgets, and lender reporting. Koritzer will also play an integral role with team member training and rolling out new accounting processes.

Kristen began her career with CRC as a Community Manager at Northwood Ridge Apartments and Townhomes, she then transitioned to the Accounting Department in 2021. She has more than 15 years of business and real estate experience including her work as a Customer Service Representative for Mariner Finance and as a Leasing Consultant for Home Properties. She holds a Bachelor of Science degree in Accounting from the University of Maryland Global Campus.

Kristen has successfully managed a portfolio of properties while also using the coaching and development skills she learned as a Community Manager to assist with onboarding new team members and interns. Kristen demonstrates consistency, accuracy, and the willingness to take on more. Kristen’s positive attitude and eagerness to embrace change has made her an asset to both our department and company,” stated Rebecca Moschina, Fund Accounting Manager for Continental Realty Corporation.

Headquartered in Baltimore, Maryland and founded in 1960, Continental Realty Corporation is a full-service commercial real estate and investment company focused on acquiring and operating retail and multifamily properties. The privately held firm owns and manages a diversified portfolio of retail centers consisting of nearly eight million square feet of commercial space and over 9,000 apartment homes across 10 states, with a portfolio value 

Continental Realty Corporation (CRC), a Baltimore-based real estate investment and management company active in 10 states and with a portfolio value exceeding $3.6 billion, has selected Johanna Montenegro as Investor Relations Analyst. She was formerly a Financial Analyst for Morgan Stanley.

In her new role, Montenegro will support CRC’s Investor Relations team in a continuing effort to source new investors and provide ongoing client service to existing investors. 

Montenegro earned a Bachelor of Business Administration from Loyola University Maryland, with a concentration in Finance and Marketing. She is bilingual in English and Spanish and formerly volunteered with the Center of Community Service and Justice, a Baltimore-based non-profit organization.

“We are excited to welcome Johanna to our Investor Relations team. Her financial and marketing background, as well as her institutional experience at Morgan Stanley, make her the ideal candidate for this role,” stated Amanda Kimbers, CRC’s Senior Associate, Investor Relations. “Since 2012, CRC has raised almost $1 billion in equity for retail and multifamily investments across five real estate funds and multiple associated co-investments. As we continue to expand our investor base, Johanna will assist with these efforts and play a crucial role in providing accurate, transparent, and timely information to our investors.”

Headquartered in Baltimore, Maryland and founded in 1960, Continental Realty Corporation is a full-service commercial real estate and investment company focused on acquiring and operating retail and multifamily properties. The privately held firm owns and manages a diversified portfolio of retail centers consisting of nearly eight million square feet of commercial space and over 9,000 apartment homes across 10 states, with a portfolio value exceeding $3.6 billion. For additional information, visit www.crcrealty.com.

Continental Realty Corporation (CRC), a Baltimore-based real estate investment and management company active in 10 states and with a portfolio value exceeding $3.5 billion, has promoted Melanie Allender to Senior Regional Portfolio Manager. Allender, who has more than 22 years of diversified residential real estate experience, joined CRC in 2016 and was formerly Regional Portfolio Manager.

In her expanded role, Allender will assist with acquisitions, disposition, as well as improving policy, procedures, and other workplace efficiencies including due diligence activities and piloting new technology platforms for the company.  Allender will remain involved in the daily operational activities for a portfolio of multifamily communities spanning several states.

Prior to joining CRC, Allender held Regional and Community Manager positions with Westminster Management and Sawyer Realty Holdings. She earned a Bachelor of Science degree in Business Management, Marketing and Related Support Services from the University of Baltimore. Allender holds a master’s in business administration from Loyola University Maryland.

“Melanie is a consummate professional who consistently performs at an extremely high level, while also selflessly investing her time to mentor, coach and develop CRC team members to facilitate their professional development,” said Amy Asuquo, CRC’s Director of Property Management, Multifamily. “Many of Melanie’s peers and other department heads rely on her subject matter expertise to solve problems or improve situations, while capitalizing on her appetite to constantly push performance to new levels. We appreciate and value her willingness to think outside of the box for the benefit of the company, to assume larger challenges and improve her career development with continuing education.”

Headquartered in Baltimore, Maryland and founded in 1960, Continental Realty Corporation is a full-service commercial real estate and investment company focused on acquiring and operating retail and multifamily properties. The privately held firm owns and manages a diversified portfolio of retail centers consisting of more than seven million square feet of commercial space and over 9,000 apartment homes across 10 states, with a portfolio value exceeding $3.5 billion. For additional information, visit www.crcrealty.com.

Continental Realty Corporation (CRC), a Baltimore-based real estate investment and management company which owns and operates a multifamily and shopping center real estate portfolio exceeding $3.5 billion, has announced the promotion of Kara Brogden to Asset Manager, Multifamily Division. Brogden has worked for the company since 2019 and was formerly an Asset Management Associate.

In her new role, Brogden will work to maximize the value, operational efficiency, and financial performance of 11 multifamily communities spanning from Maryland to South Carolina. Specific responsibilities include performing financial analysis, lender compliance, capital project management, budget review and approval as well as reporting to internal and external stakeholders.

“Kara is a true professional who has remarkably expanded her skillset and responsibilities during her tenure at CRC,” stated Elisabeth Mygatt, CRC’s Director of Multifamily Asset Management. “She has demonstrated her ability to effectively manage various product types across several geographies including the oversite of large capital projects.  Kara approaches and completes each assignment with professionalism and is well equipped to grow her responsibilities in her new role.”

Brogden, who has more than 11 years of directly related real estate experience, previously worked at A&G Management and The Dolben Company. She earned a Bachelor of Science degree in Finance from the University of Baltimore and is a candidate for a Master’s degree in City/Urban, Community and Regional Planning from Morgan State University. Brogden also received the National Apartment Leasing Professional certification from the National Apartment Association and volunteers her time with Business Volunteers of Maryland.

Headquartered in Baltimore, Maryland and founded in 1960, CRC is a full-service commercial real estate and investment company focused on acquiring and operating retail and multifamily properties. The privately held firm owns and manages a diversified portfolio of retail centers consisting of more than seven million square feet of commercial space and over 9,000 apartment homes across 10 states, with a portfolio value exceeding $3.5 billion. For additional information, visit www.crcrealty.com.

Continental Realty Corporation (CRC), a Baltimore-based real estate investment and management company, has announced the promotion of Lauren Wayne to Senior Vice President, Accounting & Investor Reporting.  Wayne, who has worked for the company since 2010 and was formerly Vice President of Accounting, also serves on CRC’s Executive Committee.

In her continuing role with the company, Wayne oversees all activities of CRC’s corporate accounting function and manages third-party equity fund investment accounting and reporting. CRC owns and operates a diversified real estate portfolio exceeding $3.5 billion in 10 states. Since 2012, the company has raised over $1 billion in equity to invest in retail and multifamily properties across five real estate funds and multiple associated co-investments.

“When I think of the ways Lauren has transformed our accounting and investor reporting function over the years, I can’t help but reflect on how the company has transformed from a family real estate office to a multibillion-dollar real estate investment manager, serving literally hundreds and hundreds of individual investors, family offices, and institutional investors,” stated David Donato, CRC’s Chief Operating Officer. “I cannot imagine how we would have gotten here without Lauren. She implemented every aspect of our investor reporting, including the recent rollout of Juniper Square as our investor portal and CRM platform. Her problem-solving ability and her aptitude at system implementations have made her an extremely valuable member of our team. I look forward to many more years working alongside Lauren as CRC continues its run of unprecedented growth and Lauren continues to help us scale efficiently and continue to provide top-notch service to our investors.”

Wayne has more than 18 years of financial and real estate experience, having previously worked as Controller for Sterling Partners, a private equity investment company, and with PWC. She earned dual Bachelor of Science degrees in Accounting and Finance from the University of Maryland, College Park, and is a Certified Public Accountant in the State of Maryland.

Headquartered in Baltimore, Maryland and founded in 1960, CRC is a full-service commercial real estate and investment company focused on acquiring and operating retail and multifamily properties. The privately held firm owns and manages a diversified portfolio of retail centers consisting of more than seven million square feet of commercial space and over 9,000 apartment homes across 10 states, with a portfolio value exceeding $3.5 billion. For additional information, visit www.crcrealty.com.

Continental Realty Corporation (CRC), a Baltimore-based real estate investment and management company, has announced the selection of Stephanie Shack as Senior Vice President, General Counsel. Shack, who brings nearly 28 years of legal experience in the commercial real estate industry to this role, functioned for the past five and a half years as Senior Vice President, General Counsel and Secretary for Enterprise Community Investment, Inc.

Shack succeeds Nick McCoy, who has headed CRC’s in-house legal division since 2002. McCoy recently announced his retirement, effective this summer.

Shack will oversee all activities of CRC’s in-house legal team of six professionals and will provide legal support and strategic direction to the company, which owns and manages a real estate portfolio exceeding $3.5 billion and owns and operates properties in 10 states. Her responsibilities will include coordinating outside counsel and advising CRC’s management team on a range of financial, corporate, personnel and transactional-based issues and operational tactics.

“Following an extensive search process, our team arrived at the consensus that we could not have identified a more qualified candidate than Stephanie to step into this role and continue the tradition of legal excellence and integrity that was established by Nick McCoy,” stated David Donato, CRC’s Chief Operating Officer. “What especially stood out was Stephanie’s impressive experience handling complex financing, acquisition, and disposition activities for several high-profile real estate organizations. Stephanie brings the perfect combination of legal acumen, knowledge, managerial expertise, and leadership to provide expert guidance to our many initiatives. Her inspiring volunteerism also aligns with our corporate mission of making a meaningful difference in the communities we serve.”

Before Enterprise Community Investment, Shack served for nearly 16 years as Senior Vice President, Associate General Counsel and Assistant Secretary at Corporate Office Properties Trust, a real estate investment trust. She also worked at Johns Hopkins Health System Corporation and DLA Piper.

Shack earned her undergraduate degree in Psychology from Washington University in St. Louis and her Juris Doctorate from Emory University School of Law.

Her volunteer and community-based activities include currently serving as Board Member and Secretary for The Maryland Food Bank, Board Member of Maryland CASA Association, and Board Member of the Govans Ecumenical Development Corporation (GEDCO). Shack is a D.C. founding member of Chief, a private membership network focused on connecting and supporting women executive leaders.  Attorney Intel named Shack as one of the Top 50 Attorneys of DC for 2022. 

Headquartered in Baltimore, Maryland and founded in 1960, CRC is a full-service commercial real estate and investment company focused on acquiring and operating retail and multifamily properties. The privately held firm owns and manages a diversified portfolio of retail centers consisting of more than seven million square feet of commercial space and over 9,000 apartment homes across 10 states, with a portfolio value exceeding $3.5 billion. For additional information, visit www.crcrealty.com.

 

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