United Dominion, one of the country's largest multifamily real estate investment trusts, owns or has an interest in approximately 78,000 apartment homes across the nation and is the developer of more than 1,600 homes under construction.
"We greatly appreciate John's many years of service to the company, as well as his assistance in the management transition process," says Toomey, who joined the company in February. "I am looking forward to working directly with the individuals responsible for regional operations, with the objective of realizing greater profitability and enhancing value for our shareholders."
Schneider says he's sure the company will continue to prosper under Toomey's leadership. "It has been a special privilege and pleasure to work with the many great people at United Dominion, and to have been able to help Tom settle into his new responsibilities," he says.
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