Pollack Shores Real Estate Group Announces Expansion to Denver and Phoenix
Press Release
Real estate veteran Kim Sperry to head firm’s new Denver-based office as prolific growth continues
ATLANTA (Oct. 9, 2018) – Multifamily investor and operator Pollack Shores Real Estate Group today announced its expansion in Denver, Colorado and Phoenix, Arizona with the opening of a new office that will oversee the company’s efforts in both markets. Pollack Shores has hired Kim Sperry, a real estate veteran and former managing director at Amstar, to lead the firm’s new division based in Denver.
In her new role, Sperry will identify development, acquisition and third-party property management opportunities for the firm in both Denver and Phoenix. Her extensive track record includes oversight of major acquisition and new development opportunities, joint venture structuring, asset management and disposition of multifamily, industrial, hotel and office properties. Sperry sourced and managed new investments totaling over $1.2 billion in a variety of markets across the U.S. over the course of her 20-year career with Amstar, and was instrumental in the successful development and sourcing of high-profile projects such as 2785 Speer apartments, Verve apartments and The Coloradan, downtown Denver’s first high-rise condominium project built this cycle.
“I am thrilled to join the incredibly talented team at Pollack Shores,” said Sperry. “The opportunity to spearhead the firm’s expansion into Denver and Phoenix is a natural fit with my background and prior experience. Pollack Shores fosters a supportive culture that empowers people to excel at their jobs. I look forward to bolstering Pollack Shores’ already impressive portfolio with new projects that will resonate with investors and future residents.”
Sperry serves on the ULI Silver Multifamily Product Council, is co-chair of the Colorado Multifamily Product Council, serves on the International Advisory Board for the University of Colorado RealEstate Center and is a member of National Multifamily Housing Council and the Downtown Denver Partnership. She has also volunteered with area schools and the Colorado Children’s Campaign.
“Kim’s impressive credentials speak for themselves,” said Steven Shores, CEO and President of Pollack Shores Real Estate Group. “Her deep connections in both Denver and Phoenix will serve Pollack Shores well, and we look forward to working with her as we execute the next phase of our long-term growth strategy in both markets.”
In addition to its new Denver office, Pollack Shores has an office in Dallas along with its headquarters in Atlanta. Known for acquiring, developing, managing and investing in best-in-class multifamily communities, Pollack Shores is currently active in Atlanta, Orlando, Tampa, Jacksonville, South Florida, Raleigh, Charlotte, Charleston, Dallas, Austin, Nashville and Richmond. The firm is also the parent company of property management firm Matrix Residential, which has nearly 26,000 units under management across eight states.
About Pollack Shores Real Estate Group, LLC
Pollack Shores is an award-winning full service real estate company creating value through multifamily investment opportunities throughout the Sun Belt. Founded in 2006, the Atlanta-based company currently owns $1.6 billion in total assets. Pollack Shores also owns and operates Matrix Residential, an innovative property management firm dedicated to creating exceptional experiences for every resident, property and client. Matrix Residential manages a balanced portfolio of nearly 26,000 multifamily units across eight states. Together, Pollack Shores and Matrix Residential are rooted in their mission of maximizing the value and living experience for every community. For more information about Pollack Shores, visit pollackshores.com/. For more information about Matrix Residential, visit matrixresidential.com/.
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