ATLANTA, GA - Atlanta, GA-headquartered ARA, the largest privately-held, full-service investment advisory brokerage firm in the nation focusing exclusively on the multihousing industry, today announced it has hired David A. Schulman as President. Schulman will report to the ARA Executive Committee and will be based out of ARA’s Atlanta headquarters office.
Schulman joins ARA with 30+ years of real estate industry experience having previously served in senior-level executive positions at Regency Centers, Rack Room Shoes, The Shopping Center Group and Noro Realty Services. From 2005 through 2010 as President/CEO of ChainLinks Retail Advisors (the world’s largest privately-held, retail-only, real estate services provider to retailers, landlords and investors), Schulman doubled the size of the organization and expanded its presence to 110 offices in 23 countries on three continents.
In his capacity as President, Schulman will be responsible for the implementation of ARA’s strategic plan which includes geographic and service line growth initiatives, national member services, branding, new member solicitation, business development and client relationship management.
“This is a tremendous opportunity to further grow a highly successful, respected and mature platform that is well-regarded in the multihousing arena. ARA’s unwavering commitment to excellence in servicing its clients is a culture that I fully embrace and will work to foster and enhance,” said Schulman.
“We are very pleased to have someone of David’s caliber leading ARA. He’s a results-driven leader who will excel at taking this platform to the next level,” said ARA Chairman Gary Kachadurian.
To schedule an interview with an ARA executive regarding this platform please contact Lisa Robinson at lrobinson@ARAusa.com or 678.553.9360.
About ARA
Atlanta-headquartered ARA is the largest privately held, full-service investment advisory firm in the nation that focuses exclusively on the brokerage, financing and capital sourcing of multihousing properties including conventional, affordable, distressed assets, notes sales, seniors, student & manufactured housing and multihousing land. ARA is comprised of the country’s top investment professionals who leverage a unique and fully integrated cooperative business platform of shared information, relationships and technology driven solutions. ARA’s unified enterprise approach ensures that clients are delivered the broadest asset exposure, effective matching of buyers and sellers, and the shortest transaction timeframes in the industry. The combination of resources, unparalleled market expertise and nationwide presence in the multihousing marketplace has resulted in average annual production volume of $5.4 billion in real estate transactions since 2004. For detailed information on ARA’s extensive multihousing investment services, visit www.arausa.com