October 06, 2020
Houston – Transwestern Development Company (TDC®) announces Jeff Knowles has been promoted to Chief Investment Officer. In his new position, Knowles will oversee investor relations and joint ventures, guide the review of performance analytics and direct investment strategy to maximize returns for investors.
“As Transwestern Development Company continues to grow, it is critical that we maintain our focus on investment outcomes for our partners and enhance those relationships by providing product and geographic opportunities that meet their portfolio objectives,” said Carleton Riser, President of TDC. “Our partners look to TDC to create measurable value, and Jeff’s insight and proven experience in this regard make him a tremendous asset to our investors.”
Since joining Transwestern in 2014 as Managing Director, Knowles has been directly involved in the capitalization of more than $2.2 billion in development projects across the country, involving industrial, multifamily, office, healthcare and mixed-use assets.
“I’m excited about what the future holds for Transwestern Development Company and the opportunity to play a key role in furthering this effort through our investor relationships,” said Knowles. “Our investors are pivotal to our success, and we are committed to working diligently to maximize results, especially in a challenging market.”
As of midyear 2020, Transwestern had 94 projects completed or underway across the country since 2012, representing $5.6 billion in total development cost. TDC’s Logistics Group has experienced rapid growth in response to increased demand for sophisticated logistics facilities and comprises 24 professionals across six regional offices. In the multifamily sector, the company has completed or commenced projects in 10 markets with a focus on Sun Belt cities experiencing strong job growth and high in-migration. The company has also been an active developer of office and healthcare projects in select markets.
About Transwestern Development Company
Transwestern Development Company (TDC®) creates real estate landmarks for itself, its partners and valued customers throughout the United States. Part of the Transwestern companies, the diversified business develops logistics, multifamily, office, mixed-use and healthcare properties, with a pipeline of projects in process or completed since 2012 exceeding $5.6 billion.
The privately held Transwestern companies have been delivering a higher level of personalized service and innovative real estate solutions since 1978. An integrated approach formed from fresh ideas drives value for clients across commercial real estate services, development, investment management and opportunistic programs for high-net-worth investors. The firm operates through 34 U.S. offices and global alliances with BNP Paribas Real Estate and Devencore. Learn more at transwestern.com and @Transwestern.