WEST PALM BEACH, FL - Shoreham Capital, a privately-held real estate firm, announces the addition of Bill Wenner to its leadership team. Wenner will serve as the Vice President of Development, a fundamental role at the rapidly growing firm, which launched earlier this year.
“Bill is an incredibly talented executive who brings over a decade of entitlement, construction, and development expertise to Shoreham, having overseen several billion dollars of real estate developments across the US,” said Doug Faron, Partner at Shoreham Capital. “We are proud that Bill has joined our team and will bring his experience to bear on our expanding portfolio across the South East and Sun Belt.”
Mr. Wenner will oversee the entire development process for the firm – from entitlements into construction and lease up, and through completion of the projects. He joins Shoreham from Vanke US, where he served as Vice President responsible for managing their portfolio of new construction and owned assets across San Francisco, Seattle, and Los Angeles, with project budgets in excess of $1 billion.
Founded by longtime real estate executives Doug Faron, Steve Figari, and Nick Zoumas, Shoreham Capital concentrates on value-add opportunities, ground-up rental developments, adaptive reuse, and residential alternatives, including single-family rentals (SFR). With over 50 years of collective experience, Shoreham Capital has managed more than $12 billion in residential real estate assets. The team has deep experience identifying, acquiring, planning, developing, managing, and leasing best-in-class projects that enhance communities.
Earlier this year, Shoreham announced the acquisition of a 26-acre development site in Cape Coral, Florida. The planned $120 million development, known as Siesta Lakes, will be a Class-A residential rental community. In addition, Shoreham has over 1,000 units in contract and an additional 2,000 under negotiation.
For more information, please visit www.shorehamcapital.com