Pollack Shores Real Estate Group Appoints Nick Wilhelmson as Southwest Managing Director

Press Release

Experienced real estate veteran with prolific development track record to lead firm’s expansion 

DALLAS (Oct. 9, 2018) – Multifamily investor and operator Pollack Shores Real Estate Group announced today the hiring of Nick Wilhelmson as its new Managing Director of the Southwest region office in Dallas. Wilhelmson, a real estate veteran and former development director at Alliance Residential, will be responsible for the firm’s business development initiatives in major markets such as Dallas, Houston, Austin and San Antonio.

“Pollack Shores is a fast-rising player in the multifamily industry, and the opportunity to lead the firm’s expansion in the Southwest was simply too good to pass up,” said Wilhelmson. “I’m honored to join the team, and look forward to executing a plan that will accelerate growth and create long-term value for Pollack Shores across the region.”

Wilhelmson’s extensive background includes oversight of major acquisitions, business development, structured finance and configuration of multifamily properties. During his time at Alliance, Wilhelmson oversaw all aspects of major real estate development for more than 4,000 multifamily units in the Dallas-Fort Worth metroplex. Wilhelmson is an active member of the Urban Land Institute and the Real Estate Council in Dallas, and has actively volunteered for the North Texas Food Bank.

“Nick’s development experience and deep ties across the region make him the perfect fit for this position, and we’re thrilled to have him onboard” said Steven Shores, CEO and President of Pollack Shores. “His impressive track record and team-building skills will be extremely valuable for Pollack Shores, and we look forward to working with Nick as we continue to execute our long-term growth strategy in the Southwest region and beyond.”

Wilhelmson’s hire coincides with Pollack Shores’ recent entry into the Southwest region. The firm is currently repositioning Flats at The Sawyer and Lofts at The Sawyer, a rebranded luxury apartment community located in Uptown Dallas. Representing Pollack Shores’ first acquisition in Texas since the firm opened its Dallas office last year, the 167,152-square-foot development is undergoing a significant capital improvement project that will incorporate top-tier amenities and modern layouts.

With 30 Fortune 500companies, no state income tax and a booming population, the Dallas-Fort Worth metroplex is considered one of the nation’s premier hotspots for multifamily development and acquisitions. Pollack Shores is expected to announce new projects in the area over the next several months.

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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