Monday Properties, a dynamic real estate investment firm and industry-leading developer, today announced that Chris Wiederhold has joined the company as Vice President of Acquisitions with a focus on the growth of the firm’s multifamily business.
Wiederhold, who joins the firm with nearly a decade of leadership experience, will drive Monday Properties’ growth by sourcing and capitalizing multifamily assets and land for development in the Mid-Atlantic and Southeastern regions. In this strategic role, he will collaborate with Monday Properties’ asset management group and be actively involved in ground-up development initiatives as well as the acquisition of existing multifamily assets.
“The fundamentals in the multifamily housing market remain strong and demand for apartment homes in the Southeast and Mid-Atlantic regions remains robust,” said Adam Carr, Executive Vice President of Acquisitions and Capital Transactions at Monday Properties. “Given shifting demographics, the high cost of home ownership, evolving rent vs. own preferences and a strong economy, we anticipate identifying numerous attractive multifamily acquisition and ground-up development opportunities where Chris’ expertise and leadership will be invaluable.”
A graduate of the University of Richmond with a Bachelor of Science degree in Business Administration, Wiederhold previously worked at Highlands Vista Group and Forum Real Estate Group. He has a proven track record, having transacted on 61 properties totaling more than 12,000 units with a deal value of nearly $1.4 billion throughout the course of his career.
“I am eager to implement unique capital and investment strategies that will further enhance Monday’s exceptional portfolio and look forward to being part of its dynamic, dedicated and talented team,” said Wiederhold.
Wiederhold will be based in Monday Properties’ Charleston office.