SummerHill Housing Group Reorganizes Executive Management, Plans For More Housing

Photo credit: Courtesy of SummerHill Housing GroupSummerHill Homes COO Chris Neighbor

SummerHill Housing Group has reorganized its executive management team and promoted several executives as part of its strategic growth plan.

SummerHill Housing Group EVP/managing director Chris Neighbor (above) has been promoted to COO of SumerHill Homes, a residential builder. Subsidiary SummerHill Homes celebrated its 40th anniversary last year with 5,234 single-family homes built or under construction and plans to add over 1,000 new homes over the next two years.

Neighbor’s new position will include managing land acquisition, land development, purchasing, construction, sales, escrow, marketing, market research and customer service.

Photo credit: Courtesy of SummerHill Housing GroupSummerHill Apartment Communities COO Douglas L. McDonald

Douglas L. McDonald (above) has been appointed COO of SummerHill Apartment Communities, an apartment, mixed-use infill rental housing developer. He was previously SummerHill Housing Group’s CFO/EVP/managing director. McDonald will manage land acquisitions, finance, construction, asset management and asset dispositions.

Photo credit: Courtesy of SummerHill Housing GroupSummerHill Housing Group SVP of corporate finance and accounting Marjorie Szto

Marjorie Szto has been named SVP – corporate finance and accounting at SummerHill Housing Group. She was previously SummerHill Homes’ VP, controller. Szto, who will report to SummerHill Housing Group president and CEO Robert Freed, will be responsible for financial and accounting operations for both SummerHill Homes and SummerHill Apartment Communities.

SummerHill Homes has residential communities under construction in Moraga, Los Gatos, Mountain View, Saratoga, Fremont, Pleasanton, Redwood City, Santa Clara and Burlingame and a portfolio of over 6,170 homes. SummerHill Apartments completed several Silicon Valley apartments last year, bringing its total portfolio to over 2,200 homes including 481 on Mathilda in Sunnyvale. The developer plans to complete Villas on Boulevard, a 186-unit complex in Santa Clara, in the spring.

SummerHill plans to break ground on seven new apartment complexes this year and next in Burlingame, Milpitas, Santa Clara, Mountain View, Pasadena and Carlsbad, bringing its total portfolio to 4,466 units.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's San Francisco Newsletters
Related Stories

Federal Government To Sell Nearly 31K SF In Five Points: The Denver Deal Sheet

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Artificial Intelligence Companies Reshaping Dublin Office Demand As OpenAI Confirms HQ

Mars Factory Overhaul Stalls As Candymaker's Chicago Expansion Accelerates

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

How Long Island Projects Can Cut Through Red Tape And Community Opposition To Cross The Finish Line

Bringing Stability And Savings To CRE Insurance Through Working Layer

Former Arms Dealer Targeting Heartland Apartment Takeover Files For Bankruptcy

SEC Charges REIT, Its Founders With Alleged $152M Fraud Scheme

King Of Prussia Pursues Stadium To Anchor $200M Mixed-Use Complex

Empire State Building Observation Deck Hemorrhaging Visitors, Value

Cortland, Pulte, INVH, Walker & Dunlop Execs Talk Changing Demographics, AI