The Donaldson Group Taps Kevin Smith To Grow Multifamily Portfolio
BISWIRE/April 12, 2024 – Donaldson, a highly-regarded property management and real estate investment company, announced the appointment of Kevin Smith to the senior management team as Chief Investment Officer. In this new role, Mr. Smith will take the lead to proactively grow the company’s portfolio of owned multifamily properties as well as managing debt and equity capital markets activity for Donaldson and its clients.
“We are thrilled to have someone with such outstanding credentials join our company and take the lead on establishing and growing a portfolio of multifamily properties for Donaldson and its clients,” said Carton Einsel, chief executive officer of Donaldson. “Kevin brings a high level of practical knowledge, strong institutional relationships and savvy investing - all of which will be critical to the future growth and success of our company.”
Mr. Smith will focus on pursing core plus and value-add real estate investments throughout the Mid-Atlantic and the Carolinas.
“I have long admired Donaldson and its extensive experience in operating assets and creativity in adding value for its clients,” said Smith. “I am eager to get to work to identify acquisition opportunities and build a stable, income producing portfolio of multifamily assets.”
Previously, Mr. Smith was the co-founder and managing partner of SKS Real Estate Partners and Winmar Capital Partners, LLC - firms that targeted value-added real estate investments in the Mid-Atlantic and Florida. He also held senior positions with Jefferson Apartment Group, CAPREIT, and Centerline.
Over the last 25 years, Mr. Smith has been directly responsible for more than $1.35 billion of multifamily acquisitions, $1.2 billion of dispositions, and $3.75 billion in debt and equity raises.
About Donaldson
Donaldson was founded in 1998 by Walter R. Donaldson as a real estate investment and management firm specializing in the multifamily sector. Donaldson’s expertise encompasses all disciplines of real estate investment and management including property management, asset management, financial management, construction management, acquisitions, and due diligence. Donaldson has advised clients on the acquisition and disposition of more than $4.25 billion of multifamily transactions. Over its 26-year history, Donaldson has managed over 40,000 units.
