Atlanta—Greystar, a multifamily real estate management firm, has appointed Ray Hutchinson as senior managing director of real estate. Based in Greystar’s Atlanta office, he is now responsible for the firm’s property management operations throughout the Southeast, which includes Georgia, Alabama, Tennessee, the Carolinas and Kentucky.
Hutchinson was previously a principal and co-founder of Allegiant Residential, a privately held firm based in Birmingham. He also has almost two decades of REIT experience, serving in senior positions with both Colonial Properties and Summit Properties. Those past experiences have allowed Hutchinson to develop a strong circle of influence in the Southeast.
The team’s goal is to increase the number of apartment units under management in the Southeast to 60,000–25,000 in the Atlanta area alone–within five years.