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George Nausha Joins PXV Multifamily As Managing Director Acquisitions
eTradeWire News/10826970
Newly launched multifamily investment firm begins to build national acquisition platform
MIAMI - eTradeWire -- George Nausha has joined PXV Multifamily ("PXV") as Managing Director, Acquisitions, as the real estate investment firm launched in November by Matt Ferrari begins assembling its national multifamily acquisitions and operations team.
Nausha comes to PXV after spending nearly a decade at JRK Property Holdings, where he served as Vice President on the Investments team and helped execute more than 40 multifamily acquisitions totaling approximately $4 billion and 14,000 units. He will work closely with Ferrari sourcing deals in key multifamily markets across the United States, focusing initially on the East and Central regions as PXV strategically builds out its national footprint.
Nausha is relocating from Los Angeles to Miami for the role, and Ferrari said his West Coast experience will be valuable when the firm eventually opens a regional office there.
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"George's experience in high volume, operationally focused environments, his national market familiarity, and his ability to both lead and "roll up his sleeves" made him stand out among the other candidates," said Ferrari. "George brings deep sourcing relationships, disciplined underwriting skills, and the ability to balance production without forcing acquisitions. However, it was his innate ability to evaluate deals through an operational lens that was especially important to me."
Nausha holds a Bachelor of Science in Business Administration with an emphasis in Finance and Real Estate from the University of Colorado Boulder's Leeds School of Business.
PXV has also added three more team members:
Ferrari expects to hire multiple regional acquisition heads over the next year as it scales nationally. PXV is currently conducting a search for a controller and plans to add additional underwriting staff—including analysts and associates—along with a construction manager to support renovation initiatives.
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About PXV Multifamily
PXV Multifamily (http://www.pxvmultifamily.com) is a Miami based real estate investment firm focused on acquiring and operating multifamily properties across the United States. Backed by Houston based BroadVail Capital Partners, PXV aims to acquire $2 billion in multifamily assets over the next three years through a disciplined, operations driven investment strategy.
Nausha comes to PXV after spending nearly a decade at JRK Property Holdings, where he served as Vice President on the Investments team and helped execute more than 40 multifamily acquisitions totaling approximately $4 billion and 14,000 units. He will work closely with Ferrari sourcing deals in key multifamily markets across the United States, focusing initially on the East and Central regions as PXV strategically builds out its national footprint.
Nausha is relocating from Los Angeles to Miami for the role, and Ferrari said his West Coast experience will be valuable when the firm eventually opens a regional office there.
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"George's experience in high volume, operationally focused environments, his national market familiarity, and his ability to both lead and "roll up his sleeves" made him stand out among the other candidates," said Ferrari. "George brings deep sourcing relationships, disciplined underwriting skills, and the ability to balance production without forcing acquisitions. However, it was his innate ability to evaluate deals through an operational lens that was especially important to me."
Nausha holds a Bachelor of Science in Business Administration with an emphasis in Finance and Real Estate from the University of Colorado Boulder's Leeds School of Business.
PXV has also added three more team members:
- Christiana Ritchie, Director of Asset Management, who previously worked with Ferrari at TruAmerica Multifamily and held roles at One Real Estate Investment and Clarion Partners. Ferrari said her familiarity with his asset management approach and PXV's operating playbook was a major factor in her selection;
- Maria Gonzalez, Operations Associate, who supports PXV's back office functions. She spent nearly three years in a similar role at TruAmerica; and
- David Greenburg, Acquisition Analyst, who joins PXV from Berkadia's South Florida investment sales team, where he focused on underwriting and transaction support.
Ferrari expects to hire multiple regional acquisition heads over the next year as it scales nationally. PXV is currently conducting a search for a controller and plans to add additional underwriting staff—including analysts and associates—along with a construction manager to support renovation initiatives.
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About PXV Multifamily
PXV Multifamily (http://www.pxvmultifamily.com) is a Miami based real estate investment firm focused on acquiring and operating multifamily properties across the United States. Backed by Houston based BroadVail Capital Partners, PXV aims to acquire $2 billion in multifamily assets over the next three years through a disciplined, operations driven investment strategy.
Source: PXV Multifamily
Filed Under: Real Estate
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