January 18, 2019
Chicago-based Magnolia Capital, which focuses on U.S. multifamily investments, has hired Justin Maturo (pictured) as director of acquisitions. Previously, Maturo was an SVP at Waterton, managing investments in several markets.
“Justin is a phenomenal addition to our growing team,” said Max Peek, CEO of Magnolia Capital. “His proven investment capabilities, industry relationships and experience further reinforce our dedication to hiring best-in-class talent and providing value to investors.”
As director of acquisitions, Maturo will guide investment decisions to grow Magnolia’s value add and core plus portfolios. During his tenure at Waterton, which he joined as an analyst in 2012, he assisted in the acquisition and disposition of approximately $2 billion in multifamily transactions, including debt and equity investments.
Maturo said that Magnolia “is committed to challenging and innovating the industry,” and that he’s looking forward to “the continued growth of the Magnolia platform.”
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