Denholtz Properties on Thursday said it hired two people to bolster its acquisitions and development team. Paul Paschal has come onboard as director of acquisitions for the Mid-Atlantic and Southeast and Kyle Kostakis has been hired as development manager.
Based out of the Denholtz Properties’ Red Bank headquarters, Kostakis joins the firm after nearly a decade in a variety of project management roles with Toll Brothers. As development manager, Kostakis will work closely with the firm’s Director of Development Steve Lidster to execute the firm’s growing development pipeline.
Working out of North Carolina, Paschal will lead the business’ industrial and multifamily acquisitions strategy in high-growth primary, secondary and tertiary markets across the Southeast and Mid-Atlantic. Previously, Paschal served as vice president of Lee & Associates’ Charleston office and also held roles with Marcus & Millichap in Charleston and NAI Columbia in Columbia, S.C.
“Our experienced team and commitment to operational excellence enable us to consistently capitalize on untapped opportunities to grow our portfolio in competitive markets,” Katie Kurtz, CEO, of Denholtz Properties, said. “We are excited to welcome Paul and Kyle to the team. Their expertise and entrepreneurial spirit will strengthen our capabilities as we continue to expand our footprint over the coming years.”
