With the move, company founder Steven Denholtz will continue to hold the title of CEO. He will "focus on strategic growth initiatives for the company," reads a statement issued by the firm.
"Steve's promotion is a reflection of the talent we have assembled at the company," says Denholtz, in a statement. "He has proven himself to be a valued leader and I look forward to his continued contributions."
"We're recognizing Steve Cassidy's accomplishments with this promotion," says D. Pike Aloian, a partner at Rothschild Realty Managers, Denholtz Associates' equity partner. "He has made significant contributions to the firm's continued growth over the past several years and helped build an organization that's well-positioned for future growth."
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