Renters Warehouse Taking SFR Property Management to Greater Heights with New CIO Anthony Cazazian
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Renters Warehouse Taking SFR Property Management to Greater Heights with New CIO Anthony Cazazian

Renters Warehouse is proud to announce that real estate executive Anthony Cazazian has joined the company as its new Chief Investment Officer and President of Portfolio Services.

BLOOMINGTON, MN (PRWEB) September 07, 2016 - Renters Warehouse is taking its national roll-up strategy and new Portfolio Services Division to the next level with the addition of real estate executive, Anthony Cazazian, as Chief Investment Officer and President of Portfolio Services.

Cazazian, recognized in 2016 as a rising star in the housing industry by both HousingWire and Mortgage Professional America, is the latest addition to Renters Warehouse’s senior management team. Most recently, he served as Executive Vice President and Head of Originations for B2R Finance, a subsidiary of private equity firmBlackstone (BX), where he helped build the company from its inception as one of its first hires in 2013. During his time at B2R, he led the Institutional Lending Program responsible for B2R’s largest clients, played an integral role in product and business development, worked in tandem with the capital markets team to securitize over $725 million of rental-home bonds including the industry’s first ever multi-borrower SFR securitization, and personally led more than $550 million in bridge and term loan originations, financing approximately 7,000 properties across 30 states.

Prior to B2R, Cazazian spent over 8 years at Goldman Sachs in various departments including the Real Estate Investment Banking and Real Estate Financing groups, most recently as a Vice President. During that time, he executed over $5 billion of commercial real estate transactions with a focus on mergers and acquisitions, debt and equity offerings, and CMBS financings.

He comes to Renters Warehouse, one of the largest and most awarded residential property management companies in the U.S., just as the company is beginning to further revolutionize property management through its Portfolio Services Division that uniquely serves larger, mid- to institutional-level real estate investors with both centralized services and local market expertise and staff.

“Renters Warehouse is the largest national third-party property management firm focused on the single-family rental asset class. Its unique offering with corporate owned offices, centralized back-office operations, and local expertise on the ground allows it to offer clients standardized services and institutional level reporting nationwide in an industry that remains extremely fragmented with no consistent service level,” Cazazian says.

Cazazian will office out of a new Renters Warehouse flagship location in New York City. His goals with Renters Warehouse include attracting institutional-level SFR owners to the company’s Portfolio Services Division, acquiring and integrating property management companies nationwide, establishing strategic partnerships throughout the industry, and ultimately growing the company from its current 16,000+ homes under management to more than 200,000.

In fall 2015, growth equity investor Northern Pacific Group acquired a majority stake in Renters Warehouse. The Minnesota-based firm also invested growth capital into the company to fund further expansion and convert it from a franchise-based model to a corporate-owned model. Northern Pacific Group’s Managing Partner, Scott Honour, who in 1999 was a founder of YapStone, a leading online rental property payment service provider, serves as Chairman. Northern Pacific Group team members Peter Offenhauser and Marcy Haymaker also sit on the Renters Warehouse Board of Directors, as well as Doug Bergeron who previously led the acquisition of VeriFone and then served as its CEO for 12 years, and is currently CEO of Opus Global, a financial technology platform focused on risk and compliance solutions.

“I’m thrilled to welcome Anthony to Renters Warehouse. This is a big win for our growing team. His extensive background and industry knowledge will allow us to scale our Portfolio Services Division faster and smarter than ever,” said Kevin Ortner, CEO of Renters Warehouse. “We are looking forward to having Anthony oversee the company’s acquisition strategy and Portfolio Services Division. This role will draw well on his unique experience in investment banking, finance, and executive leadership in addition to the network of relationships he has built over the years to help Renters Warehouse dominate the SFR property management market.”

Renters Warehouse exists to help homeowners and investors create wealth and financial freedom through Rent Estate™. To learn more about Renters Warehouse or to find out how much your home will rent for, visit http://www.renterswarehouse.com today!

About Renters Warehouse

Renters Warehouse is one of the fastest-growing and highest-reviewed residential property management companies in America, and the largest in Minnesota. Backed by growth equity investor and majority stakeholder Northern Pacific Group, and under the leadership of President and CEO Kevin Ortner, Renters Warehouse now manages more than $3 billion in residential real estate, servicing 12,000+ investors across 16,000+ residential homes in 33 markets and 18 states. NPG Managing Partner Scott Honour, who in 1999 was a founder of YapStone, a leading online rental property payment service provider, serves as Chairman. Renters Warehouse expertly serves everyday single-property homeowners as well as real estate investors. In 2015, the company officially trademarked the term Rent Estate™ to redefine the entire SFR (Single Family Rental) industry as more traditional real estate gives way to this new lucrative asset. Through their dedicated Portfolio Services Division led by Chief Investment Officer and President Anthony Cazazian, the company also brings professional, scalable and efficient single property management solutions to investment portfolios with both centralized services and local market expertise and staff. Not only has Renters Warehouse received the prestigious honor of being included on the Inc. 500 | 5000 list of fastest-growing privately held companies in America seven consecutive years in a row, it was also named one of the “Best Places to Work” in Minnesota (where they are headquartered) by the Minneapolis St. Paul Business Journal in 2010, 2011, 2012, 2014, 2015 and 2016. The company was also honored as a best place to work in Arizona (a centralized corporate services center) by the Phoenix Business Journal in 2013 and 2014, and achieved a spot on the prestigious 2016 Top Companies to Work for in AZ list. Nationwide, Renters Warehouse has been honored as one of America's "Best Places to Work" in 2012, 2014, 2015 and 2016 by Outside Magazine. Recognized as pioneers in real estate, business management and innovation, Renters Warehouse has been awarded 18 Business Stevie Awards both internationally and stateside.

About Northern Pacific Group

About Northern Pacific Group Northern Pacific Group is a Minnesota-based growth equity investment firm focused on acquiring and investing in growing companies in the Midwest. Northern Pacific Group seeks to partner with ownership groups and management teams in order to add value beyond just providing capital. For additional information, please visit http://www.northernpacificgroup.com.

SOURCE Renters Warehouse

Contact:

Eric Lewis
Onboardly (on behalf of Renters Warehouse)
+1 5068661393

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