SummerHill Housing Group Plans For More Housing, Reorganizes Management Team
SummerHill Homes COO Chris Neighbor
SummerHill Housing Group has reorganized its executive management team and promoted several executives as part of its strategic growth plan.
SummerHill Housing Group EVP/managing director Chris Neighbor (above) has been promoted to COO of SumerHill Homes, a residential builder. Subsidiary SummerHill Homes celebrated its 40th anniversary last year with 5,234 single-family homes built or under construction and plans to add over 1,000 new homes over the next two years.
Neighbor’s new position will include managing land acquisition, land development, purchasing, construction, sales, escrow, marketing, market research and customer service.
SummerHill Apartment Communities COO Douglas L. McDonald
Douglas L. McDonald (above) has been appointed COO of SummerHill Apartment Communities, an apartment, mixed-use infill rental housing developer. He was previously SummerHill Housing Group’s CFO/EVP/managing director. McDonald will manage land acquisitions, finance, construction, asset management and asset dispositions.
SummerHill Housing Group SVP of corporate finance and accounting Marjorie Szto
Marjorie Szto has been named SVP – corporate finance and accounting at SummerHill Housing Group. She was previously SummerHill Homes’ VP, controller. Szto, who will report to SummerHill Housing Group president and CEO Robert Freed, will be responsible for financial and accounting operations for both SummerHill Homes and SummerHill Apartment Communities.
SummerHill Homes has residential communities under construction in Moraga, Los Gatos, Mountain View, Saratoga, Fremont, Pleasanton, Redwood City, Santa Clara and Burlingame and a portfolio of over 6,170 homes. SummerHill Apartments completed several Silicon Valley apartments last year, bringing its total portfolio to over 2,200 homes including 481 on Mathilda in Sunnyvale. The developer plans to complete Villas on Boulevard, a 186-unit complex in Santa Clara, in the spring.
SummerHill plans to break ground on seven new apartment complexes this year and next in Burlingame, Milpitas, Santa Clara, Mountain View, Pasadena and Carlsbad, bringing its total portfolio to 4,466 units.
