Insight Property Group Hires Sarah Davidson as Managing Director

MCLEAN, Va., Nov. 16, 2010 /PRNewswire/ -- Insight Property Group LLC announced today that it has hired Sarah Davidson as Managing Director and Partner. Ms. Davidson will be responsible for leading the acquisition and development process for Insight.

Prior to joining Insight, Ms. Davidson was employed by Freddie Mac where she restructured over $400 million in troubled multifamily loans located throughout the country and oversaw disposition of a portfolio of REO assets.

Prior to her time at Freddie Mac, she spent 10 years as a Vice President at Kettler, a multifamily and land developer in the Washington DC metro area.  While with Kettler Sarah was responsible for multifamily development and mixed use projects from site selection through disposition.  Her portfolio of projects, valued at approximately $750MM, consisted of more 3,500 units and 35,000 square feet of retail space. Her projects included renovation, affordable housing, mixed use lifestyle centers, luxury high-rise condominiums and apartments.

Prior to that, Sarah worked as a development manager for RPJ Housing, a non-profit housing developer, and for the National Association of Housing Finance Agencies focusing on HUD legislative and regulatory issues. She started her career administering Community Development and HOME grants for DuPage County, Illinois.

Sarah is a graduate of Yale University and received her Master's Degree from the Universite des Sciences Sociales in Toulouse, France. She is LEED certified.

According to Michael Blum, Principal of Insight, "We are excited to bring someone of Sarah's caliber on board to fill this key role. She combines hands-on development depth with capital market experience. Both are important strengths for us as we expand."

About Insight Property Group LLC

Insight Property Group LLC, (http://www.insightpropertygroupllc.com) acquires repositions and develops well-located apartments and mixed-use real estate in the Greater Washington, DC Metropolitan region. The three principals of the firm, Richard Hausler, Richard Samit and Michael Blum have in excess of 70 years of experience in the Washington, DC area real estate industry.  The firm acquired five apartment projects in the Metro area over the past 12 months and has an additional project pending closing and two development sites under control.

SOURCE Insight Property Group LLC