Multifamily real estate firm Lane Co., based in Atlanta, has named Bill Stahlke president of investments at Lane Strategic Investment, LLC. His responsibilities include developing Lane’s acquisition strategy and overseeing its acquisitions.
Lane Co.’s primary equity partner is Lubert-Adler Partners, L.P. The firms announced earlier this year that Lubert-Adler will provide $250 million for the acquisition, rehabilitation and repositioning of distressed properties, or properties held by distressed sellers. Initially the firm will focus on opportunities in the Southeast and Southwest, a spokesman said.
Stahlke came out of retirement to take the position. Earlier, he was president of Windsor Capital Partners, now known as The Shoptaw Group, an investment firm that acquired large apartment communities for institutional pension funds and high net worth individual clients.