Continental Realty Corporation (CRC), a Baltimore-based real estate investment and management company, has announced the selection of Elisabeth Mygatt as Director of Multifamily Asset Management. She was formerly Director of Asset Management, Multifamily for Johnson Development Associates, Inc.
In her new role, Mygatt will oversee all multifamily asset management functions, including the review of new acquisitions, onboarding of new assets, operational and budgeting oversight, valuations, investor reporting and assisting with disposition activity.
Mygatt brings more than 16 years of direct multifamily property management, financial analysis and marketing experience to CRC. During her time with Johnson Development Associates (JDA), a regional multifamily development company, she managed a team that performed all asset management functions and oversight of third-party operations for a 3,000-unit portfolio. Prior to her time at JDA, Mygatt was with AvalonBay Communities for nearly a decade serving various roles in operations, financial analysis and portfolio management.
Mygatt earned a Bachelor of Arts degree in Economics from Washington and Lee University and also studied economics at The London School of Economics and Political Science.
“We are thrilled to have somebody with Elisabeth’s asset management and operational background on board to help lead and grow the team,” stated Haley Donato, CRC’s Vice President of Asset Management and Finance. “She has institutional asset management experience coupled with experience leading a team at a smaller, more entrepreneurial firm. I know she will bring fresh perspectives and find new ways to add value across our portfolio.”