Transwestern Development Company (TDC) has promoted Jeff Knowles to chief investment officer. Based in Houston, Knowles will oversee investor relations and joint ventures, guide the review of performance analytics and direct investment strategy to maximize returns for investors.
“As Transwestern Development Company continues to grow, it is critical that we maintain our focus on investment outcomes for our partners and enhance those relationships by providing product and geographic opportunities that meet their portfolio objectives,” said Carleton Riser, president of TDC. “Our partners look to TDC to create measurable value, and Jeff’s insight and proven experience in this regard make him a tremendous asset to our investors.”
Since joining Transwestern in 2014 as managing director, Knowles has been directly involved in the capitalization of more than $2.2 billion in development projects across the country, involving industrial, multifamily, office, healthcare and mixed-use assets.
“I’m excited about what the future holds for Transwestern Development Company and the opportunity to play a key role in furthering this effort through our investor relationships,” said Knowles. “Our investors are pivotal to our success, and we are committed to working diligently to maximize results, especially in a challenging market.”
As of midyear 2020, Transwestern had 94 projects completed or underway across the country since 2012, representing $5.6 billion in total development cost. TDC’s logistics group has experienced rapid growth in response to increased demand for sophisticated logistics facilities and comprises 24 professionals across six regional offices. In the multifamily sector, the company has completed or commenced projects in 10 markets with a focus on Sun Belt cities experiencing strong job growth and high in-migration. The company has also been an active developer of office and healthcare projects in select markets.