“We see growing demand from renters and investors in strong suburban submarkets,” Shores tells GlobeSt.com. “We will develop new communities and renovate existing ones in these locations this year and next. Our focus remains on primary markets of sun belt cities where we see continued job growth and population expansion.”

The company also began its expansion into the Southwestern US with acquisitions in Austin and Dallas. Just last month, Pollack Shores acquired Menlo Creek, a class A apartment community in Duluth, GA; sold Havana Square, an apartment community developed by Pollack Shores in Tampa, FL; and began development of a 252-unit luxury apartment community in suburban Tampa.

“I'm excited to take on the CEO role at this time,” Shores says. “We achieved our initial goals and have now set new ones. Building off our successful track record, we plan to expand into new markets in the Southwestern US—a process that began last year. Further, we are building strategies and teams around several new product line ventures within multifamily housing. We see significant opportunities in the multifamily industry to enhance and expand our company's reach.”

The remainder of Pollack Shores' executive team includes CFO Bruce Sanders, managing director of asset management Andrew Wittgen, Southwest managing director Alex Seals, Matrix Residential managing director Tracy Bowers, and director of Human Resources Krista Messic.

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