PALO ALTO, CA – Pacific Urban Residential CEO and Co-Founder Al Pace announced today partner and Managing Director Rory Gardner is named as Chief Operating Officer of the company.
“It is with genuine pleasure I announce Rory’s promotion. Rory is a key executive within PUR with a demonstrated history of successfully recruiting and developing investment talent while working closely with me on all major strategic initiatives. A native of New England and a Babson College graduate, I am proud to note Rory is a homegrown talent, starting out internally as an investment analyst, then Investment Officer, Managing Director and Partner and now elevated to COO. In his new role, Rory will oversee all daily operations of Pacific Urban Residential.”
Pace also notes, “We have several exciting initiatives ahead of us. Rory and I look forward to furthering our relationship with key strategic partners as we continue to identify compelling investment theses.”
Pacific Urban Residential is a multifamily investor. Since its 1998 inception it has acquired more than 25,000 apartment homes and undertaken multifamily investments totaling in excess of $5 billion dollars. Today, Pacific is invested in a West Coast apartment portfolio valued at $3.5 billion dollars.