The firm has opened a Dallas office and hired Quinn Konitshek as director of acquisitions.
By Christine Serlin
Cityview, a Los Angeles-based multifamily investment and management firm, has made moves to expand its presence across the Southwest, particularly in Arizona, Colorado, and Texas. The firm has opened a Dallas office and hired Quinn Konitshek as its director of acquisitions.
Based in the Dallas office, Konitshek will help Cityview expand its pursuit of stabilized and ground-up acquisition opportunities.
“The opening of our new Dallas office and Quinn’s hire will help us expand our presence in Southwestern U.S. markets like Dallas, Phoenix, and Denver, where there is high demand, strong job and population growth, and the current supply is being absorbed,” said Sean Burton, CEO of Cityview. “We are highly focused on deploying capital from our recently closed discretionary fund and capitalizing on strategic development and value-add opportunities in these fast-growing markets.”
According to Burton, Konitshek has extensive experience and relationships in these markets, primarily Dallas. He previously worked in acquisition at Kushner, where he sourced multifamily deals across Texas and the Southwest. Prior to that, he worked in acquisitions for Texas-based Barvin, a multifamily investment and development firm, and on the development team for ROY Asset Holding, a Texas-based international family office.
“I look forward to bringing my local market expertise to Cityview as we work to pursue strategic investment opportunities in markets like Phoenix, Denver, and Dallas, where demand is high andthe current supply is being absorbed,” said Konitshek. “Dallas continues to rate as a top investment market with impressive job and population growth, which presents an incredible opportunity for Cityview to capitalize on the current market and increase acquisition activity in the region.”
The hire comes at a time of growth for Cityview, which is focused on acquiring deals and deploying capital from its recently closed seventh discretionary fund. Konitshek will report to Damian Gancman, a 19-year Cityview veteran who was recently promoted to chief investment officer.
In addition to these moves, Cityview recently has made two major acquisitions in its home state: Silva, a newly constructed, 221-unit Class A multifamily community in Silver Lake; and Tralee Village, a 130-unit multifamily community in Dublin.