Kettler Hires Usha Chaudhary as COO
- Feb 01, 2016
Tysons, Va.—Kettler, a greater Washington, D.C.-based real estate development and property management company, announced that it has hired Usha Chaudhary to serve as president and chief operating officer.
Chaudhary, who most recently was senior vice president, chief financial officer and treasurer of The Pew Charitable Trusts, will be responsible for implementing the company’s strategic plan, managing all aspects of the Kettler organization and continuing Kettler’s growth in both the metropolitan Washington, D.C., region and the greater Mid-Atlantic and Southeast regions.
Chaudhary will report directly to Robert C. Kettler and will provide oversight of all company divisions. Chaudhary will start her new position in mid-February.
Prior to her tenure at The Pew Charitable Trusts, Chaudhary served as vice president, finance and administration and chief financial officer with The Washington Post where she oversaw accounting, finance, treasury, strategy, real estate administration and security. She also worked at United Way of America as executive vice president and chief financial officer, and previous to that, spent nearly 19 years with Freddie Mac in a variety of management positions, including vice president, operations and risk management in the Investments and Capital Markets Division.
In addition to Chaudhary’s appointment, Kettler announced that it is realigning its organizational structure to sharpen its continued focus on best-in-class multifamily acquisition and development, land development and multifamily property management. Effective immediately, Asheel Shah becomes president of Kettler’s Multifamily Division, and Andy Buchanan becomes president of Kettler’s Land Division. Cindy Clare will continue her role as president of Kettler Management.
Kettler is seizing opportunities to expand its business, both in the Washington region and beyond. In the last three months alone, Kettler Management has added nearly 3,000 luxury apartment units in North Carolina, South Carolina and Texas, bringing its total portfolio to nearly 33,000 units.
Kettler’s current multifamily pipeline consists of nearly 3,000 units either under construction or development, and a land development pipeline of 2,000 lots in Washington, D.C., Virginia and Maryland.
Upcoming Kettler mixed-use projects include a partnership with The Meridian Group to develop The Boro, a 3.7 million square foot mixed-use block anchored by Whole Foods in Tysons, Metropolitan at Rockville Town Center, Phase 2 of their successful Metropolitan Downtown Columbia and the redevelopment of more than 1 million square feet of mixed-use space on five acres at Union Market.