NEWTON, MA– Capstone Communities LLC introduced the hiring of William Kennerly for the brand new function of Director of Operations.
On this function, Kennerly will work carefully with Capstone Principal Jason Korb, the place he can be accountable for the administration and oversight of the each day operations of all Capstone properties and the agency’s accounting practices. Capstone is at the moment engaged on inexpensive housing developments throughout Central and Japanese Massachusetts and has lately delivered tasks similar to The McElwain College Residences in Bridgewater in 2023, in partnership with MPZ Growth LLC, and the Frost Terrace Residences in Cambridge in 2021, in partnership with Hope Actual Property Enterprises LLC. Capstone additionally owns a scattered website market price portfolio in Cambridge that Kennerly will oversee.
Kennerly brings a background in actual property and accounting to his new place. Previous to Capstone, Kennerly labored on-site at a 460-unit improvement in Houston, Texas, managing gross sales. He additionally spent 10 years prior in actual property brokerage gross sales.
“I’m excited to formally welcome William to the Capstone staff,” stated Korb. “Capstone is rising, and as we proceed to create extra inexpensive housing developments all through Massachusetts, William’s management will help our day-to-day operations and make sure the highest high quality outcomes in any respect of our tasks.”
“Jason is extremely versed on all sides of inexpensive housing in Massachusetts, and I’m wanting ahead to the chance to proceed to be taught from his experience,” stated Kennerly. “Capstone’s tasks impression residents and tenants in a approach that’s essential to so many communities; seeing this impact, and the way the livelihood of individuals has been improved by Jason’s tasks, is only one motive I’m excited for my new function at Capstone.”
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