MIAMI, Fla.-– Finlay Management, Inc., a private multifamily property management firm with offices in Florida, Texas, and South Carolina, has announced the appointment of Holly Costello as president and chief operating officer.
Costello is a 25-year veteran of the multifamily real estate industry and has held executive-level positions with some of the nation’s leading property management firms. “Holly brings a wealth of experience and exciting new ideas to Finlay Management,” says Christopher Finlay, chairman and CEO.
Costello’s long career includes nine years at Balfour Beatty, where she was vice president of both the multifamily and Navy military divisions. Earlier she had served as senior vice president with Walden Residential where she was instrumental in positioning the 24,000-unit portfolio for a successful market offering. Her expertise covers all residential asset classes including affordable, conventional, student, and military housing. Her management portfolios have included new construction/lease-ups, troubled receiverships, and major renovations.
According to Christopher Finlay, Finlay Management serves as the operations division of its affiliated multifamily investment firm, Lloyd Jones Capital. He explains, “Operations is the most critical component of a successful multifamily investment. Our investors will appreciate Holly’s extensive management background and her understanding of real estate investment.” Holly will sit on Lloyd Jones Capital’s executive and investment committees.
Costello holds a Certified Property Management (CPM®) designation and was the 2016 president of the West Coast Florida chapter of the Institute of Real Estate Management (IREM®). She has held executive board positions with the Bay Area Apartment Association, Florida State University Executive Real Estate Committee, Urban Land Institute Multifamily Council, and the University of Florida Bergstrom Council. She attended the University of South Florida and Florida State University and holds numerous management, tax credit compliance, and appraisal designations.
FINLAY MANAGEMENT, INC.
Finlay Management, Inc. is a private multifamily property management firm with almost forty years of experience in the market-rate, senior and affordable housing sectors. The firm holds the esteemed Accredited Management Organization (AMO)® designation from the Institute of Real Estate Management (IREM)®. Finlay provides property management services to its affiliate, Lloyd Jones Capital, a multifamily real estate investment firm with offices in Texas, Florida and South Carolina.
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