UIP Asset Management, Inc., a subsidiary of the UIP Companies, Inc. of Washington, DC, has appointed Michiel van Zadel Vice President of Asset Management and Will Rapaport Director of Acquisitions. In addition, Jonathan Mayer has been promoted to Vice President of Acquisitions.
Michiel van Zadel joins UIPAM from Bouwfonds Investment Management in the Netherlands, where he served as Portfolio and Fund Manager, overseeing $1.5 billion of US multifamily investments on behalf of institutional and high net worth investors. His new role as Vice President of Asset Management for UIPAM will focus on long-range fund and individual asset oversight, including data and risk analysis, reporting, and valuation. Mr. van Zadel holds a master’s degree from Delft University of Technology in architecture, real estate, and project management, as well as a bachelor’s degree in architecture and urban planning from Hogeschool van Amsterdam in the Netherlands.
Jonathan Mayer has worked for UIPAM for nearly five years, most recently as Director of Acquisitions, with direct involvement in sourcing, underwriting, financing, and closing more than $200 million in acquisitions. In his new role as Vice President of Acquisitions, Mr. Mayer is responsible for providing leadership in sourcing and underwriting new investments, presenting analyses to senior management as well as investing partners, and working with debt providers to build the capital stack for each investment. He holds a BA degree from Babson College as well as an MBA degree from the University of Maryland.
Will Rapaport joins UIPAM from SL Green Realty Corp. (NYSE: SLG) of New York City, where he was an Associate in the Investments Group. As UIPAM’s Director of Acquisitions, Mr. Rapaport is responsible for the underwriting and presentation of potential acquisitions, performing due diligence, securing and negotiating with capital partners, and managing assets from acquisition to disposition. He holds a BA degree from the University of Pennsylvania.
UIP manages approximately 3,000 apartments in Washington, DC and has renovated and restored more than 20 apartment buildings over the last eight years. UIP’s primary focus is working with tenants in Washington, DC and helping them exercise their TOPA (Tenant Opportunity to Purchase Act) rights as well as entitling land and developing new projects and acquiring residential assets in the close-in Washington, DC suburbs. UIP Asset Management, Inc, a subsidiary of The UIP Companies, Inc., focuses on acquisitions, development, and asset management. For more information, visit www.uipllc.com.