Rick Diamond

Continental Realty Corporation (CRC), a Baltimore-based commercial real estate investment and management company, has announced the promotion of Rick Diamond to Senior Director of Multifamily Construction. Mr. Diamond, who joined the company in 2007, was formerly Director of Residential Construction.

In his new role, Mr. Diamond will continue to manage the capital improvement, value-add and asset preservation construction programs for more than 25 multifamily communities positioned throughout the Mid-Atlantic and Southeast regions of the United States, totaling more than 10,000 apartment units. This includes working with the CRC management team to identify and prioritize communities in need of improvements and upgrades, creating construction budgets and timelines and coordinating all on-site activities with third-party vendors and project property managers.

Mr. Diamond earned a Bachelor of Arts degree in Liberal Arts and Sciences from Salisbury University. He previously held management-level positions with Toll Brothers and Ryan Homes.

“We intend to remain extremely proactive with our capital improvement and value-add program throughout the country and Rick represents the ideal professional to lead these efforts based on a highly-successful track record with our company,” stated Richard Berkowitz, Vice President of Construction for CRC. “Rick is an expert problem-solver and consistently delivers on-time and on-budget construction initiatives to the benefit of CRC and our residents. This promotion represents the next logical step in the evolution of his growth.”

Continental Realty Corporation (CRC), headquartered in Baltimore and founded in 1960, is a vertically-integrated owner and operator of multifamily properties with more than 10,000 apartment homes and shopping centers consisting of more than 4 million square feet of space. CRC’s portfolio exceeds $2 billion and is located throughout the Mid-Atlantic and Southeast United States. For additional information, visit www.crcrealty.com