PRP, a leading real estate investment management company, has expanded their team of elite real estate professionals with the addition of Danielle Keute as Vice President, PRP/PRP Real Estate Management, LLC (PRPREM). Keute will report directly to Phil Pitney, PRP’s Multifamily lead, and will oversee operations of the firm’s residential property management division.
“With the addition of Danielle to the PRP team, we are gaining a dynamic leader with more than 13 years of operations expertise that will add immediate value to our properties. Her leadership will be instrumental in the continued growth of our property management portfolio and overall value add investment strategy,” said Paul Dougherty, President and Chief Investment Officer.
Keute will oversee day-to-day operations for a portfolio of six assets in five markets, including monthly budgeting and financial reporting. She will also play a significant role in the acquisitions process of new PRP investments, working alongside the investment team on analyses and overseeing property inspections and due diligence.
Prior to joining PRP, Keute was an operations director at Cushman & Wakefield where she oversaw resource teams of more than 200 employees with revenues of $65 million. Prior to Cushman & Wakefield, she spent her career in the multifamily real estate sector managing properties for Archstone Communities and Vornado/Charles E. Smith.
“PRP’s Real Estate Management platform offers best-in-class service to clients, and I’m thrilled to be a part of a team whose core values align perfectly with my own. It was an easy decision for me to join this incredibly focused and experienced team,” Keute said. “I’m also excited for what the future holds as the firm continues to grow and adds more properties to the portfolio.”
For more information on PRP’s continued growth and team, visit www.prprei.com.
ABOUT PRP
PRP is a real estate investment management company with a focus on multifamily apartments, office and hospitality properties. Founded in 2005 by Paul Dougherty, PRP executes value add strategies and manages a national portfolio of multifamily properties on behalf of institutional investors, family offices and financial institutions. PRP manages its investments through PRPREM, their property management subsidiary which is solely focused on PRP’s portfolio of apartment properties. PRP has a proven expertise in selecting and managing attractive risk adjusted real estate investments located in major markets along the east coast of the United States. Since its formation, the company has invested over $1.5 billion in assets in all property sectors. PRP is privately held by its founder and is headquartered in Washington, DC with regional offices throughout the east coast of the United States. PRP is a creative buyer and seller of real estate and consider a variety of equity and debt investment structures. For more information on PRP, please visit www.prprei.com.
