CHARLESTON, S.C.--(BUSINESS WIRE)--Greystar Real Estate Partners, LLC and its affiliates (“Greystar”), a global leader in the investment, development, and management of high-quality rental housing properties, is pleased to announce that Kevin Scelfo has joined the firm as a Managing Director of Portfolio Management. In this role, he will be responsible for managing Greystar’s global multifamily investment vehicles as well as growing the firm’s relationships with key partners.
“Greystar remains committed to attracting and retaining the industry’s best talent, and Kevin’s hire is a clear reflection of this strategy,” said Chris MacNaughton, Senior Managing Director of Portfolio Management at Greystar. “His extensive experience managing real estate investment portfolios for large institutions and investment managers will play a pivotal role in supporting the continued growth of our global investment management platform.”
Most recently, Mr. Scelfo served as a Senior Investment Officer at New York City Pension and Retirement Systems, where he oversaw a $17 billion real estate portfolio within the $200 billion New York City pension system. He also led the real estate investment portfolio for New York-Presbyterian Hospital, a $5 billion endowment fund based in New York City. Prior, he held positions with Macquarie Capital and HSBC Bank plc.
Mr. Scelfo holds a B.S. in business finance from Cornell University as well as a Master of Finance from INSEAD Business School.
Greystar is a leading, fully integrated real estate company offering expertise in investment management, development, and management of rental housing properties globally. Headquartered in Charleston, South Carolina, Greystar manages and operates an estimated $115 billion of real estate in over 180 markets globally including offices throughout the United States, UK, Continental Europe, Latin America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, managing approximately 500,000 units/beds, and has a robust institutional investment management platform with $33 billion of assets under management including $12.1 billion of assets under development. Greystar was founded by Bob Faith in 1993 with the intent to become a provider of world-class service in the rental residential real estate business. To learn more, visit www.greystar.com.