SOURCE: Legacy Partners

Legacy Partners

July 20, 2015 17:45 ET

Legacy Partners Promotes Derek Avery to Senior Vice President

DENVER, CO--(Marketwired - Jul 20, 2015) - Legacy Partners has announced the promotion of Derek Avery of the firm's Denver office to senior vice president. Since joining the company in early 2012, Avery led the Colorado management team and recently completed the complex management takeover of all KBS Legacy Partners Apartment REIT assets.

In praising the success of this effort, Legacy Partners' President Guy K. Hays noted, "Derek and his team are to be commended for their dedication and hard work during this transition. In addition, he has been instrumental in providing credible market information and support for our development activities in this market, where we are embarking on two significant projects with new clients."

With his promotion, Avery's management portfolio grows from 12 to 23 properties in seven states in addition to Colorado: Illinois, Maryland, Minnesota, Missouri, North Carolina, South Carolina and Texas.

Avery was also honored recently as "Person of the Year" by the Apartment Association of Metro Denver, and was elected president of the organization for 2016.

A graduate of the University of Florida, Avery earned his MBA with a focus in finance and real estate from the university's Warrington School of Business.

About Legacy Partners
Foster City-based Legacy Partners Inc. has developed or acquired more than 70,000 multifamily units, both for rent and for sale, over the last 47 years. With regional offices in Irvine, as well as in Dallas, Denver and Seattle, Legacy Partners currently owns and/or manages more than 15,000 apartment homes for its own account and for its institutional clients on a fee basis.

For more information, visit www.legacypartners.com or contact Kim Baker at kbaker@legacypartners.com or (949) 930-7773.

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