ROCKVILLE, Md., March 7, 2019 /PRNewswire/ -- CAPREIT, a fully-integrated real estate operating company responsible for the ownership and management of more than $5 billion of multifamily assets, recently turned 25 and is celebrating the relationship-driven success that allowed the company to reach its quarter-century anniversary.
Since its inception in December 1993, CAPREIT has utilized strong relationships with partners, vendors and team members alike to become a recognized figure in the conventional and affordable housing sectors. CAPREIT has built a portfolio of more than 200 communities across the U.S., representing more than 40,000 apartment homes and 100,000 residents, all while utilizing the culture instilled by founder Dick Kadish.
"We love what we do and we take care of our own," Kadish said. "The people are the most important asset of our company and making them happy is what contributes to our many years of success."
Joining Kadish in the early years of the company were Chief Investment Officer Ernie Heymann, Senior Vice President of Acquisitions Rick Band, Executive Vice President of Accounting and Finance Bruce Esposito, General Counsel Bruce Bershtein and Chief Financial Officer Terry Collins.