Middle Market Digest-The Midwest

NEWS & NOTABLES

DETROIT—Village Green, one of the nation’s largest apartment companies, has completed the formation of a new executive team. President and chief operating officer Diane Batayeh, along with senior vice presidents David Ferszt and Barbara Hale were promoted, and the trio will now direct Farmington Hills, MI-based Village Green’s future growth and evolution. The ownership consolidation Village Green went through in 2016 transformed the company to exclusively third party property management, and that meant a few structural changes were necessary. Batayeh was promoted to chief executive officer, where she will concentrate on global and strategic level initiatives. Ferszt was promoted to president of Village Green Management Co., overseeing all of the regional and corporate teams responsible for apartment management. And Hale was promoted to executive vice president of Village Green Holding. She will handle all of the sales, marketing and branding services for all Village Green companies, including V-Suites, the company’s corporate housing division.