GlobeSt. Honors Cassell's Acumen as Commercial Real Estate
Executive
NORTH
BETHESDA, Md., July 19,
2024 /PRNewswire-PRWeb/ -- CAPREIT, a fully
integrated real estate operating company responsible for the
ownership and management of more than $5
billion of multifamily assets, today announced that
President Jennifer Kadish Cassell
has been named to GlobeSt.'s Women of Influence Class of 2024 in
the category of Corporate Real Estate Executive.
I am grateful to be included among some of
the most esteemed women in multifamily and commercial real estate.
On a larger scale, this is a reflection of the CAPREIT team and our
excellent associates, who have enabled the company to thrive and
get better as we grow.
As part of the award, Cassell is profiled in a feature article
on GlobeSt.com and will gain additional recognition in the
publication's email newsletters and social media platforms.
Additionally, the 2024 Women of Influence will be honored at the
annual GlobeSt. Women of Influence awards dinner in Lake Tahoe,
Calif., on July 23.
"I am extremely honored and humbled to be named a 2024
Influencer," Cassell said. "The GlobeSt. Awards are highly regarded
in the industry, and I am grateful to be included among some of the
most esteemed women in multifamily and commercial real estate. On a
larger scale, this is a reflection of the CAPREIT team and our
excellent associates, who have enabled the company to thrive and
get better as we grow."
Formerly CAPREIT's Chief Administrative Officer, Cassell took
over as President in 2023. The daughter of CAPREIT founder
Dick Kadish and sister of Chief
Executive Officer Andrew Kadish, she
joined the company in the early 2000s and has steadily climbed the
ladder. In addition to playing a key role in CAPREIT's multifamily
acquisition efforts over the past decade, Cassell helped steer the
company's recent entrance into the single-family build-to-rent
market. The company officially entered the sector with the March
acquisition of Baldwin Chase, a
120-home build-to-rent community in Greenville, S.C.
Moving forward, Cassell will continue to promote the
professional development of CAPREIT employees, focus on the
company's ESG efforts and oversee the CAPREIT Cares program, in
which team members engage in a variety of efforts to make a
positive change in communities the company serves.
The Women of Influence award was unveiled in 1983 and has
recognized a growing number of commercial real estate female
professionals for their remarkable achievements. The 2024 Women of
Influence were selected by GlobeSt.'s advisory board and senior
editors based upon a variety of factors measuring their impact and
overall excellence.
"This year's honorees have closed deals in the hundreds of
millions of dollars, launched new ventures and expanded their
business horizons," said Natalie
Dolce, editor-in-chief of GlobeSt.com. "They've also
generously devoted their time to mentorship, advocacy, and, in the
process, have elevated the commercial real estate sector industry.
The nominations we received this year were profoundly inspiring,
underscoring the remarkable strides women have made in an industry
historically dominated by men. Our team is excited by the
opportunity to recognize these trailblazers and visionaries."
About CAPREIT
As one of the nation's leading housing companies since its
inception in 1993, CAPREIT has been involved in more than 200
multifamily communities, representing more than 40,000 rental homes
housing more than 100,000 residents. CAPREIT focuses on the
implementation of a savvy acquisition strategy, innovative
financial structures, and a professional property management style
based on resident satisfaction and retention, as well as asset
preservation and enhancement. Today, CAPREIT maintains its mission
to create value-added growth through strategic acquisitions,
continuing to capitalize on multifamily housing opportunities. The
company currently owns and/or manages approximately 16,000
apartment units in over 20 U.S. states and is actively seeking to
grow its multifamily footprint throughout the continental
United States.
Media Contact
Stephen Ursery, CAPREIT, 1
303-682-3945, stephen@linnelltaylor.com
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SOURCE CAPREIT