U.S. Residential Group LLC (USRG) has named Stephanie Brock, an industry veteran in property management, as their new President. Ms. Brock will manage all aspects of the company which currently is responsible for 40,000 apartments.
Al Fenstermacher, who Ms. Brock has replaced, will stay within reach of the company and serve as an advisor in the Office of the Chairman. There has been some other management position movement around the corporation, including C-III Capital Partners LLC’s own Mr. Geoffrey Woodward, who has been placed in the position of Chairman of the Board. USRG is an affiliate to C-III Capital Partners LLC.
Ms. Brock remarked that USRG has made great progress as an industry leader through their commitment to customer service, diverse client base and lastly their team of experts. Ms. Brock’s experience includes developing seven new markets for Riverstone Residential Group and re-creating a presence in Houston, Denver and Phoenix for Trammell Crow. More recently, she was a Senior Managing Director at Greystar Real Estate Partners, before moving to the U.S. Residential Group.
U.S. Residential Group LLC, with offices located throughout the country, has over 30 years’ experience in all types of economic environments. This fee-based firm helps manage professional real estate services to the owners of multi-family properties throughout the United States. The Andrew Farkas lead C-III Capital Partners LLC has overseen USRG since their acquisition of the firm in November 2011. In addition to C-III Capital Partners, Mr. Farkas is the Chairman and CEO of Island Capital Group and CEO of Anubis Advisors.