Subject: PER
Eighteen Capital Group Hires Jeff Pancone as Director of Maintenance and Capital Projects
Eighteen Capital Group (18CG), a private equity firm focused on multi-family housing real estate, announced the hiring of Jeff Pancone as Director of Maintenance and Capital Projects. Mr. Pancone will conduct property analyses, identify areas for enhancement, and create long-term maintenance strategies to further company growth.
LEAWOOD, Kan., April 22, 2024 /PRNewswire-PRWeb/ -- Eighteen Capital Group (18CG), a private equity firm specializing in value-added multi-family housing investments, hired Jeff Pancone as the new Director of Maintenance and Capital Projects. In this role, Mr. Pancone will lead the maintenance department's end-to-end operations and drive strategic capital projects to enhance the company's property portfolio.
"Jeff is an excellent addition to our closely knit team," said Isaac Gortenburg, President of Eighteen Capital Group. "His expertise and leadership will be an incredible asset to further our processes and strengthen our position in the market."
In his new role, Mr. Pancone will develop and execute strategic plans for the maintenance department and capital projects. He will analyze and enhance Eighteen Capital Group's property portfolio, while managing project timelines, budgets, and resources to ensure high standards of quality and performance.
"Eighteen Capital Group's forward-thinking vision for growth and innovation, combined with its exceptional team, is truly inspiring," said Pancone. "I am eager to apply my expertise in collaboration with my colleagues to strategically enhance our projects."
Mr. Pancone brings more than 20 years of experience in maintenance, operations support, residential and commercial build-out projects, and asset management. He recently led operational initiatives for notable construction and renovation projects nationwide at a real estate development firm in Texas. Prior to this, Mr. Pancone held a similar position at a prominent real estate company, managing maintenance operations and capital projects across 128 communities in multiple locations. He comes from a background immersed in the construction industry, having been raised in a family-owned construction business.
About Eighteen Capital Group
Eighteen Capital Group (18CG) is a Leawood, Kansas-based real estate firm, which specializes in the acquisition, transformation, and management of multifamily properties. The firm's diverse real estate portfolio includes nearly 7,000 apartment units in 22 markets across 15 states. Learn more at https://www.18cg.com.
Media Contact
Jonah Warren, Eighteen Capital Group, 954-379-2115, [email protected], http://www.18cg.com/
SOURCE Eighteen Capital Group
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