News

Denholtz Properties Bolsters Acquisitions and Development Team with Strategic New Hires

Paul Paschal joins as Director of Acquisitions for the Mid-Atlantic and Southeast; Kyle Kostakis welcomed as Development Manager

Denholtz Properties announces the hiring of Paul Paschal as Director of Acquisitions for the Mid-Atlantic and Southeast and Kyle Kostakis as Development Manager. The new hires reflect Denholtz Properties’ continued focus on expanding its diverse portfolio of assets across the United States.

Working out of  North Carolina, Paschal will lead the business’ industrial and multifamily acquisitions strategy in high-growth primary, secondary and tertiary markets across the Southeast and Mid-Atlantic. Previously, Paschal served as Vice President of Lee & Associates’ Charleston office and also held roles with Marcus & Millichap in Charleston and NAI Columbia in Columbia, S.C.

Based out of the Denholtz Properties’ Red Bank headquarters, Kostakis joins the firm after nearly a decade in a variety of project management roles with Toll Brothers. As Development Manager, Kostakis will work closely with the firm’s Director of Development Steve Lidster to execute the firm’s growing development pipeline.

“Our experienced team and commitment to operational excellence enable us to consistently capitalize on untapped opportunities to grow our portfolio in competitive markets,” said Katie Kurtz, CEO, of Denholtz Properties. “We are excited to welcome Paul and Kyle to the team. Their expertise and entrepreneurial spirit will strengthen our capabilities as we continue to expand our footprint over the coming years.”

Paschal holds a Bachelor’s in Communication Studies from the University of North Carolina – Chapel Hill. Kostakis holds a Bachelor’s in Business Administration, Finance and Real Estate from Villanova University.