Veteran Real Estate and PropTech Executive Janine Steiner Jovanovic joins Middleburg Communities as Partner and Chief Growth Officer

To spearhead expansion of the firm’s operations platform through strategic M&A and third-party management

VIENNA, Va.--(BUSINESS WIRE)--Middleburg Communities (“Middleburg”) today announced the appointment of highly respected real estate and PropTech innovator Janine Steiner Jovanovic as Partner and Chief Growth Officer. Ms. Jovanovic, who has a notable record of delivering outperformance for the industry throughout her career, will report to Chief Executive Officer Chris Finlay and will be based in Dallas.

Ms. Jovanovic will focus on building out Middleburg’s operating platform through strategic acquisition of management companies while expanding the firm’s third-party management footprint. Ms. Jovanovic will also oversee Middleburg’s venture, PropTech and FinTech investments and the implementation of these technologies across the firm’s portfolio.

“Janine is widely admired across the real estate industry for her corporate strategy and leadership results,” stated Finlay. “She brings operational excellence in our markets, and a distinguished record of increasing portfolio value. Janine’s diverse skillset and extensive experience make her the ideal person to spearhead the next phase of our growth, as we expand our operating platform through M&A and establish a robust third-party capability.”

Prior to joining Middleburg, Ms. Jovanovic ran an advisory firm that delivered strategy and investment services to real estate and technology innovators. She previously served as Executive Vice President of Asset Optimization at RealPage, where she led the company’s revenue management, data analytics, risk management and leasing solutions. Ms. Jovanovic played a pivotal role in incubating RealPage from inception and in taking the company public in 2010.

“Middleburg is a truly visionary company that’s prepared to maximize the opportunities ahead,” commented Ms. Jovanovic. “I have tremendous respect for what Chris and the rest of his team have built and the distinctive culture they’ve established. I’m excited to contribute to this incredible organization. By combining the breadth and depth of the Middleburg platform with my background and experience, we’ll be able to move swiftly and achieve meaningful results.”

During her more than 25-year career, Ms. Jovanovic has held executive level positions with several other prominent organizations including JPI Companies, where she overhauled systems, business practices and organizational structure to facilitate rapid growth; and KPMG’s Real Estate Consulting practice, where she partnered with real estate and technology leaders to maximize results through innovative technology, process and workforce redesign.

Ms. Jovanovic, who holds a B.A. from Brandeis University and an M.A. from the University of Toronto, currently sits on several boards, including LeaseLock, Tour24 and the NMHC Research Foundation. She also lectures at Southern Methodist University’s Cox School of Business.

About Middleburg Communities:

Middleburg Communities is a fully integrated multifamily development, investment, construction and management company operating in the southeastern and mid-Atlantic United States. Since 2004, Middleburg has acquired and developed more than 22,000 apartment units, executing over $3 billion in transactions. The Middleburg team shares a vision for greater value creation through community impact. The firm’s success is rooted in a genuine desire to serve its local communities in thoughtful and holistic ways. Middleburg embraces people, property, and partnerships to enhance the lives of others, contribute positively to its neighborhoods and maximize real returns for partners. For more information, please visit www.MiddleburgCommunities.com.