10/18/2017

Providence Management Company Appoints Industry Veteran Kevin Finkel as a Senior Officer and Executive Vice President

GLENVIEW, Il., October 18, 2017 — Providence Management Company, LLC, a multifamily owner operator, announced the appointment of Kevin Finkel as a Senior Officer and Executive Vice President.

Finkel will focus on growing Providence’s overall presence in the multifamily industry by further expanding its institutional capital raising efforts alongside Alan Pollack, Providence’s Chairman, strengthening its property and asset management capabilities and working with Bruce LaMotte, Providence’s President, to identify investment strategies and opportunities within multifamily real estate.

“This important appointment is part of our ongoing evolution as we continue to execute on our long-term vision for the firm, its team members, partners and stakeholders. As a group we remain intensely focused on our mission of identifying, developing and executing asset specific strategies, fostering excellence in all areas of property operations, coupled with a commitment to innovative solutions while maintaining continuous communication throughout our organization for the benefit of our team members, our communities and our partners,” said Alan Pollack.

Finkel was previously the Executive Vice President at Resource Real Estate (a subsidiary of Resource America) as well as Executive Vice Chairman of their property management company, Resource Residential, that managed over 20,000 apartment units. During his 15 years at Resource he was responsible for leading teams that raised over $1.5 billion of equity capital for Resource’s funds, as well as teams that acquired and managed over $4 billion of properties. He was also a Senior Vice President of Resource America, a specialized asset manager with over $13 billion of assets under management across various asset classes in over 24 cities, 14 states with over 500 employees. Finkel began his career in the Investment Banking Division of Deutsche Bank in New York City.

Finkel holds his Bachelor of Arts degree in Economics (Hons) from the University of Pennsylvania and his Master of Business Administration degree from the UCLA Anderson School of Management.

“Kevin’s depth and breadth of industry experience bring valuable insight and a meaningful understanding of the multifamily industry and real estate capital markets,” LaMotte said. “We are proud of our 31-year history in the multifamily space, and Kevin will add additional strength to our acquisition and capital raising efforts, identify new opportunities, and to continue to advance our strategic plan and strong track record.”