RMR Residential Hires Former REIT COO Rob Gayle to Lead Business Development for Its Management Services Business Solution

RMR Residential, a national real estate investment and management company, has hired industry veteran Rob Gayle as Vice President of Business Development. With more than two decades of multifamily real estate experience, Gayle – who is also an executive board member for the Atlanta Apartment Association and the Georgia Apartment Association – will be directly responsible for growing RMR Residential's third-party solution and managing client relationships. His experience managing multifamily real estate in 25 different markets nationwide as COO at Preferred Apartment Communities, Inc. represents what RMR Residential feels is a solid foundation for the Firm as it seeks to be among the premier property management partners for U.S. real estate ventures. 

"We feel our management track record with owned investments speaks for itself, and we seek to bring that same platform, experience, and innovation to other multifamily owners," said David Perez, Chief Operating Officer for RMR Residential. "To that end, we're excited to have Rob and his industry knowledge on board to help tell the RMR Residential story and build out our services business." 

"I pride myself on being an innovative, team-focused, collaborative leader who is not confined to the four walls of a box," said Gayle. "I have built many relationships throughout the years and I look forward to bringing an ownership-driven mentality to RMR Residential's third-party management as we seek to maximize asset values."  

With RMR Residential's integrated solution that is built on years of experience and analytical data, property owners and investors have turned to the Firm in the past when pursuing a competitive advantage and seeking to enhance investment value and business plan execution. RMR Residential's third-party property management platform aims to train and leverage what the Firm feels are among the industry leaders for on-site and support teams to impact RMR Residential's goal of seeking maximized revenue and NOI opportunities. As a proactive property manager, RMR Residential has the ability to quickly mobilize resources with a goal of enabling seamless transitions. This approach intends to help the Firm identify a prudent path forward and provide simple solutions for owners and investors.

The hiring of Gayle comes on the heels of RMR Residential closing out 2021 as a record year in transaction activity – achieving the highest yearly transaction volume in the Firm's history. For information regarding RMR Residential's 2021 year-end results, read RMR Residential's 2021 Annual Report.

About RMR Residential  
RMR Residential, a privately held real estate company, was founded in 2004. With headquarters in Atlanta, Ga., RMR Residential focuses on multifamily communities, including acquisitions, property and asset management services, and fund management. The Firm has raised more than $4.0 billion of equity through RMR Residential-sponsored funds and joint ventures. RMR Residential has successfully purchased, developed or sold more than $17.9 billion in real estate. RMR Residential also has regional offices in Dallas-Fort Worth, Raleigh, Denver, Tampa, and New York.  

The company manages more than 33,000 multifamily units in eight states and has purchased other multifamily owner/operators throughout the U.S. The Firm has also developed student housing, single-family residential, and retail communities, and has managed more than $500 million in construction projects throughout the past 10 years. From due diligence to execution, RMR Residential has the internal capabilities and the external relationships to identify, underwrite, and close transactions. For more information, visit carrollorg.com.