Thank you for sharing!

Your article was successfully shared with the contacts you provided.

(Read more on the multifamily market.)

ATLANTA-Locally based Lane Co. has hired Brian Record as vice president of risk management. The move comes as the multifamily real estate firm looks to increase its portfolio by 15,000 units over the next three years, which would more than triple Lane’s holdings.

With 20 years of experience in the risk management field, Record was previously with Sunterra Corp., an international developer and operator of vacation ownership properties, where he was responsible for risk management responsibilities, as well as acquisition, construction and new project design. Sunterra did not comment on the move. He previously served as the director of claims management for Harrah’s Entertainment.

“Brian’s extensive experience in both risk management and development will serve Lane Co. well as we continue on our growth path,” says Lane Co. CFO Derek Kahn. “He will be key as Lane Co. expands its development presence across the nation while increasing its acquisitions.”

Originally based in the Southeast, Lane Co. currently operates in Florida, the Southwest, Northeast and Mid-Atlantic regions. The company has been working to increase its multifamily holdings. The company hired Philip Pitney as president of Lane Investments LLC earlier in the year as part of its strategic plan to increase holdings.

The company plans to pursue acquisitions of value-add multifamily properties that need an infusion of capital; properties in recovering markets; as well as stable core properties well located in primary, secondary or tertiary markets. Acquisitions are expected in markets where Lane has a presence, such as the Southeast, Southwest, Florida, Northeast and Mid-Atlantic states.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


GlobeSt. APARTMENTS Fall 2021Event

Join 1000+ of the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.