Monument Real Estate Services Names Carey Dougherty as VP of Operations

5/22/17

Carey Dougherty

Monument Real Estate Services, one of the industry’s companies of choice for multi-family asset and property management, has named Carey Dougherty vice president of operations. Carey is based in South Florida.

Bringing more than 35 years of experience in property management and real estate, Dougherty will be responsible for overseeing the day-to-day operations in support of the execution of the firm’s strategy. In this role, Dougherty will be working with a leadership team of individuals which oversees 60 apartment communities across ten states.

“Carey’s experience and proven track record in multi-family real estate will serve as a valuable asset that will bring a new dynamic of growth to the entire Monument team,” said Gregory J. Lozinak, CEO of Monument Real Estate Services. “Her extensive experience on the operational side of our industry further enhances our company’s capability to provide exceptional services to our residents and communities.”

Prior to joining the firm, Dougherty was president of property management at Elite Street Capital, where she developed all property management company policies and procedures designed for corporate and onsite levels. Previously, Dougherty served as vice president of operations at Invitation Homes and Western regional vice president at Cottonwood Residential.

“I am honored to join the Monument team, an organization that has become a respected leader in property management and real estate as they continue to strengthen their presence throughout the U.S.,” added Dougherty.

Miami-based Monument Real Estate Services, part of the Monument family of companies, is an asset and property manager as well as a value-add company that directs a full suite of services in high-performing multi-family markets nationwide, including the Southwest, Southeast, Midwest and Mid-Atlantic regions of the U.S. The firm’s management portfolio of more than 12,000 units includes properties owned byMonument Capital Management’s three funds and those controlled by third parties.

About Monument Real Estate Services

Monument Real Estate Services (MRES) is an asset manager, property manager and value-add specialist that directs a full suite of services in the strongest multi-family markets nationwide. MRES manages a portfolio of more than 12,000 units in markets throughout the Southwest, Southeast, Midwest and Mid-Atlantic regions of the U.S. MRES provides guidance to institutional and individual investors in the acquisition, financing, and property management of income producing properties. With a foundation of institutional quality reporting, coupled with the hands-on style of an owner’s mindset, the company’s integrated approach is flexible and adaptable to both class A properties and properties requiring significant re-positioning. MRES is part of the Monument family of companies and is based in Miami.

About Monument Capital Management

Monument Capital Management (MCM) executes transactions on behalf of the three investment funds it directs, as well as acquisitions on behalf of a select number of private investors. Under its first two funds, MCM has acquired more than $274 million of multi-family properties throughout the Southwest, Southeast, Midwest and Mid-Atlantic regions of the U.S. Currently, the firm is deploying capital from its third fund and will target markets with a strong demand for workforce housing. MCM’s investment objective is to strategically identify assets in markets with attractive demographics at a deal size where competition is limited and its exceptional management team can add immediate operational value via its proven investment management model.

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