Denver—After a career providing leadership and strategic vision to Laramar Group and Archstone, two multifamily real estate firms, David Woodward has formed a new property management firm, CompassRock Real Estate LLC. Woodward has secured CW Financial Services as a financial partner. CompassRock’s initial focus will be on the management of assets in CW’s special servicing portfolio.
A 20-year veteran of the industry, Woodward has secured property management, asset management, construction management and receivership assignments. In addition to the management of conventional apartments, CompassRock will have divisions specializing in student and senior housing. The firm will commence operations in 15 markets throughout the balance of 2012 and will add another 10 markets in 2013 to complete its national footprint.