Kingbird Properties Hires Vincent DiSalvo as Director of Acquisitions

February 21, 2018, Boston: Real estate investment firm Kingbird Propertiestoday announced that Vincent DiSalvo has been hired as its Director of Acquisitions. In this role, DiSalvo will be responsible for evaluating investment opportunities and implementing the firm’s strategy of investing in risk-adjusted opportunities in the U.S. and in Latin America, particularly multifamily properties in secondary and tertiary U.S. markets.

Kingbird Properties launched in fall 2017 as a wholly-owned subsidiary of Grupo Ferré Rangel, a 100-year-old San Juan, Puerto Rico-based family office with a diversified investment portfolio that included 3700 units in four states. DiSalvo will report to Kenneth Munkacy, Senior Managing Director, Kingbird Properties based in Boston.

“Vincent’s strong background in discovering, evaluating and structuring multifamily deals with a focus on sustainable growth will be invaluable as Kingbird Properties expands its portfolio,” said Munkacy. “With Vincent on board, Kingbird Properties can move into new markets that have strong fundamentals and bring strategic value-added opportunities to our investment partners.”

Prior to Kingbird, DiSalvo worked in the acquisitions group at GID Investment Advisers LLC, a real estate investment and operating company with 25,000-plus units and over $14 billion in assets. At GID, DiSalvo underwrote and structured joint venture equity and stabilized acquisition opportunities, bringing deals from conception through investment committee.

Previously, DiSalvo was part of the investments team at Equity Residential (NYSE: EQR), a real estate investment trust that develops and invests in multifamily real estate. He was responsible for underwriting and analyzing development and acquisitions opportunities across major U.S. markets. Throughout his career, DiSalvo contributed to the acquisition or development of more than 2,500 units and to the investment of more than $1 billion in multifamily real estate projects.

He holds a Bachelor of Science in Finance from Quinnipiac University and earned a Master’s degree in Real Estate Development from Columbia University. He is an active member of the Urban Land Institute, the New York Private Equity Network, and the Real Estate Investment Advisory Council.

About Kingbird Properties
Founded in 2017 as the investment management subsidiary of Grupo Ferré Rangel, Kingbird Properties utilizes both its own family office capital and that of third-party family offices and other investors to identify properties in the multifamily and student-housing sectors that have high potential for sustained cash returns and value enhancement through strategic investment. With a commitment to transparency and aligned interests, Kingbird Properties creates long-term value by investing in a diversified portfolio of carefully selected assets, guided by a highly disciplined investment process, an experienced team and collaboration with local operating partners. Kingbird Properties is headquartered in Boston, MA, with regional offices in San Juan, PR that serve as a back office and supports the US and South America portfolio.

Media Inquiries:

Contact: Nicole Stenclik
Phone:  716.226.6989

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