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IRVINE, CA-Senior partner Chad McCollum of Phoenix-based Alliance Residential Co. has relocated here as part of Alliance's plans to double its existing $750 million multifamily project pipeline to $1.5 billion. McCollum, who formerly was based out of Alliance's North Texas Division in Dallas, tells GlobeSt.com that the company believes it can add the $750 million of new development to its pipeline within two to three years.

McCollum notes that Drew Colquitt, the managing director and development partner who heads the Alliance office here, has built the current $750-million pipeline in the three years since Colquitt established the office. He says the $750-million figure includes projects that have been built as well as those under development.

McCollum's responsibilities will include sourcing and negotiating the purchase of multifamily development sites, managing the development and construction process of sites and acquiring and revamping existing properties. One of Alliance's goals is "to increase the company's footprint in this region, including Orange County, to a combined and constant 2,000 units in production," according to Bruce Ward, president of Alliance Residential.