SAN FRANCISCO (Jan. 20, 2020) – Sack Properties (Sack), a San Francisco-based real estate investment and management firm with a $750 million portfolio of nearly 2,500 multifamily units throughout the west coast, announced today the promotion of David Feinberg to Chief Investment Officer.
“During David’s tenure we have expanded our platform to invest up and down the west coast, from San Diego to Seattle,” said Kirby Sack, CEO of Sack. “David has been a key leader, greatly benefitting our ongoing expansion of the firm’s multifamily portfolio.”
David has been Sack’s Director of Acquisitions and Dispositions since joining the firm in 2017. Prior to Sack, he was a Vice President of Acquisitions with Sares Regis, leading $333M in apartment transactions for value-add multifamily properties in the Bay Area and Pacific Northwest. He earlier served as vice president of acquisitions at RREEF, and, prior to that, was Vice President with Sterling Education Properties, where he was responsible for student housing acquisitions. His career started with Archstone Smith, where he was in the acquisitions group covering the Pacific Northwest first and later the East Coast through the Boston office. David has a B.A. from the University of Puget Sound and an M.B.A. from Northwestern University – Kellogg.
Sack’s high-profile Bay Area properties include Brookside Park in Mountain View, Capri Creek in Petaluma, and Town Center Apartments in Lafayette, amongst others. Their most recent acquisition is Summit Redmond in Redmond, Washington.
About Sack Properties
Founded in 1958, Sack Properties is a vertically-integrated, private real estate company that focuses on the acquisition, improvement, management, and disposition of a broad range of multifamily properties in the western U.S. Based in San Francisco, the firm specializes in Class B multifamily properties in prime infill locations that could benefit from capital investment and improved management. The firm’s current portfolio includes approximately 2,500 apartments and condominiums in 16 communities on the west coast. The firm is committed to sustainable building practices such as water conservation, energy efficiency, green building upgrades, and more.