ATLANTA--(BUSINESS WIRE)--The Promise Homes Company, one of the largest minority-controlled, institutional-quality owners of single-family residential rental property in the U.S., announced today that is has expanded its senior staff, establishing two new positions at the company – Vice President of Accounting and Resident Engagement Manager. These new positions represent the continued growth of The Promise Homes Company as it executes on its mission to provide high-quality homes with free resident financial programming to benefit residents, investors, and communities.
Michael Chiert, CPA, joins The Promise Homes Company as Vice President of Accounting, where he will be responsible for all accounting and reporting for the company and will drive the implementation and monitoring of all internal controls, risk management, and treasury functions. Mr. Chiert brings 14 years of real estate experience to the company, having most recently served as Director of Finance for Cofinance, Inc., a French real estate firm, where he helped oversee a $500 million U.S. real estate portfolio. He has also served as Controller for Crown Acquistions, a leading real estate firm in New York City, and began his career at Marks Paneth, a real estate-focused accounting firm, and at Centerline Capital Group (acquired by Hunt Companies in 2013).
Juan Demetrius Myatt is the company’s new Resident Engagement Manager, responsible for cultivating the relationship between residents, The Promise Homes Company and Operation HOPE, the leading non-profit, global provider of financial education and economic empowerment programs. Mr. Myatt will lead outreach activities to residents increasing awareness of the various incentive programs available for Promise Homes Residents. Mr. Myatt brings significant relevant experience, having most recently served as a Special Projects Administrator with Operation HOPE. He has also served in the office of City of Atlanta Councilman Ivory Young and in the community engagement administration of the City of Selma Office of Economic Development.
“With Michael’s vast experience in real estate and finance, we are enhancing our role as an institutional-grade owner of high-quality homes. And, by bringing in Demetrius to be our dedicated professional for engaging with our residents, we expect for even more residents to be able to benefit from our free financial education and empowerment services,” said John Hope Bryant, Chief Executive Officer of Promise Homes. “Michael and Demetrius are strong additions to our team at Promise Homes, and we look forward to their contributions to our vision of creating a new relationship between owner and resident in the single-family rental market.”
About Promise Homes
Launched in May 2017, the Promise Homes Company is one of the largest minority-controlled owners of institutional-quality, single-family residential rental property in the United States, with a focus on working class and middle-class communities. Promise Homes offers its residents quality housing at affordable prices as well as financial empowerment and assistance that would position them financially to eventually own a home. Promise Homes also contracts with local, minority-owned businesses for property maintenance services, thereby creating local, sustainable jobs in the communities where it invests. Promise Homes is led by Chief Executive Officer John Hope Bryant, an entrepreneur, author, philanthropist, and prominent thought leader on financial inclusion, economic empowerment and financial dignity. Chief Operating and Investment Officer Jason Stewart leads the day-to-day management and operations of the company. For more information, please visit http://www.thepromisehomescompany.com.