Denholtz Properties announces the hiring of Jeff Fenner as Director of Multifamily.
Fenner will oversee the operations of the firm’s growing multifamily portfolio across New Jersey and the Southeast. Working closely with Denholtz Properties’ senior leadership team, Fenner will manage cash flow, distribution analysis and investment projections. In addition, he will continue to streamline the company’s multifamily revenue management and reporting structures to ensure optimal financial performance. He will also identify opportunities to leverage real estate technology such as Yardi to increase efficiency and scalability.
Fenner joins Denholtz Properties from Mill Creek Residential where he previously served as Regional Manager overseeing seven communities comprised of 2,027 apartments and 16 retail spaces. Before his time at Mill Creek Residential, Fenner held roles in multifamily management and leasing at BNE Real Estate Group, United Dominion Realty, AMLI Residential and AMCS.
“Our success has always been driven by our ability to execute in any market,” said Greg Brown, Chief Operating Officer of Denholtz Properties. “We are confident that Jeff’s institutional background and understanding of the multifamily asset management process will allow us to build upon the growth of our multifamily portfolio and continue to find success in this competitive market.”
Fenner added, “I have taken great pride in my work to help companies create superior residential experiences across the country throughout my career. I am excited to leverage my deep experience and strategic mindset to build upon Denholtz Properties’ reputation for superior multifamily asset management in my new role.”
In 2023, Denholtz Properties further expanded its residential portfolio with the start of construction for The Rail at Bound Brook, a 143-unit Class-A multifamily community located at 100 Hamilton Street in Bound Brook, N.J. scheduled for completion in 2024. In addition, the firm
also acquired Solo at North Bergen, a 214-unit, luxury multifamily community located at 4828 Tonnelle Avenue in North Bergen, N.J.
The company has also significantly bolstered its portfolio in the Southeast over the past several years with the acquisitions of 5150 JB Drive Apartments, a 384-unit multifamily property in Murfreesboro, Tenn. and Vida Apartments, a 289-unit multifamily community in Kannapolis, N.C. to its growing portfolio. Earlier in 2023, the company also completed Novi Flats, a 48-unit mixed-use community located in downtown Concord, N.C. in a joint venture partnership with Lansing Melbourne Group.