BOSTON–(BUSINESS WIRE)–Berkshire Residential Investments announced that John Lamb has joined the company as Managing Director and Head of Portfolio Management. Based in the firm’s Boston headquarters, John will be responsible for the execution, management, and investment performance of the firm’s equity strategies, which focus on making investments across the U.S. residential housing spectrum. In this position, John will work in close collaboration with portfolio managers, the investments team, asset managers and other functional groups to drive strong investment performance and continue to expand Berkshire’s equity platform. He will also be a member of the firm’s Investment Committee. John will report to Jon Frey, Partner and Chief Operating Officer.
“I am excited to take on the responsibilities of this new role and I look forward to working closely with a team of highly experienced professionals to further advance the firm’s equity platform. Berkshire is well-positioned, as a vertically integrated operator, to offer a range of strategy solutions across debt and equity offerings,” said Lamb
Prior to joining Berkshire, John served as Managing Director and Head of U.S. Real Estate Investment Management at BlackRock for 19 years. During his tenure at BlackRock, John completed more than $10 billion in acquisitions and contributed to the growth of the firm’s real estate business.
“John is a seasoned professional and leader with nearly 30 years of experience in the real estate industry. We are thrilled to have his wealth of experience and knowledge which will further strengthen our capabilities and help deliver strong results for our investors,” noted Frey.
About Berkshire Residential Investments
Berkshire Residential Investments is a privately-held investment management company known for its innovative, vertically-integrated operating platform and 55 years of experience in U.S. residential real estate. Berkshire makes investments throughout the capital stack and across the risk spectrum. Berkshire, a registered investment advisor, is headquartered in Boston and has offices in Atlanta, Dallas, and San Francisco with over 800 employees. As of June 30, 2022, Berkshire had approximately $24.1 billion1 of real estate assets under management on behalf of a wide range of global institutional investors. Berkshire owns, manages, and oversees approximately 356,000 residential units through equity and debt investments. Across its residential platform, Berkshire currently sponsors a closed-end, value-add fund series an open-end, core fund; and two closed-end debt fund series. In addition, the Firm manages separate accounts focused on equity and debt investments in market-rate apartments and niche residential sectors, such as senior housing. For more information on Berkshire, please visit www.berkshireresi.com.
1 Includes unfunded capital commitments for discretionary investment vehicles.