ATLANTA—RADCO has promoted four of its team members to the executive ranks. Robert Clark was promoted to Chief Financial Officer. Zach Finkel is the new vice president of private equity. Rebecca Johnson was named vice president of accounting and property controller. And Mike DeSarno is officially the firm's vice president of construction.

These moves come just after a whirlwind month that saw RADCO add five multifamily properties to its growing portfolio. RADCO spent $145 million for 15,90 units, and has raised $310 million in private capital to fund its purchases. All told, RADCO owns about 13,300 apartments in eight states throughout the southeast and central United States with an asset value of $1.3 billion.

“There has been an influx of capital, especially from foreign funds and Wall Street, chasing yield,” Clark tells GlobeSt.com. “This is especially relevant as cap rates and interest rates both remain low. RADCO is committed to its business strategy of targeting value-added properties, with a particular focus on markets with both strong job and population growth. We will continue to target markets where we have seen success in the Southeast and Midwest, but we are not opposed to investing in new markets in 2016 if the right opportunity arises.”