San Francisco-based Sack Properties has promoted Chief Financial Officer Jeff Smith to president. Smith has been with the real estate investment and management firm, which has an appetite for multifamily, since 2001 when he was hired as the company controller. As president, he will take on a larger leadership role in the growth of the company.

Prior to Sack, Smith worked for Ernst & Young in its audit practice and was responsible for on-site management of all phases of the audit process. Smith also served as the chair of the San Francisco District Council of the Urban Land Institute. He serves on the ULI Multifamily Blue Product Council and is a member of the National Multihousing Council.

Sack has over $500M in assets under management and some of its Bay Area residential properties include Brookside Park in Mountain View, Hillsdale Square in San Mateo and Town Center in Lafayette. Its most recent acquisition is Sunridge Alta Loma in Southern California.