PRP Appoints New Vice President

In her new role, Danielle Keute will be responsible for the firm’s residential property management division.

Washington, D.C.—PRP, a leading real estate investment management company, has expanded its team of elite real estate professionals with the addition of Danielle Keute as vice president of the company’s real estate management arm. Keute will report directly to Phil Pitney, PRP’s multifamily lead, and will oversee operations of the firm’s residential property management division.

Danielle Keute

Danielle Keute

“With the addition of Danielle to the PRP team, we are gaining a dynamic leader with more than 13 years of operations expertise that will add immediate value to our properties. Her leadership will be instrumental in the continued growth of our property management portfolio and overall value-add investment strategy,” Paul Dougherty, president & CIO of PRP, said.

Keute will oversee day-to-day operations for a portfolio of six assets in five markets, including monthly budgeting and financial reporting. She will also play a significant role in the acquisitions process of new PRP investments, working alongside the investment team on analyses and overseeing property inspections and due diligence.

Prior to joining PRP, Keute was an operations director at Cushman & Wakefield, where she oversaw resource teams of more than 200 employees with revenues of $65 million. Prior to Cushman & Wakefield, she spent her career in the multifamily real estate sector managing properties for Archstone Communities and Vornado/Charles E. Smith.

“PRP’s Real Estate Management platform offers best-in-class service to clients, and I’m thrilled to be a part of a team whose core values align perfectly with my own. It was an easy decision for me to join this incredibly focused and experienced team,” Keute added. “I’m also excited for what the future holds as the firm continues to grow and adds more properties to the portfolio.”

Image courtesy of PRP