Songy Highroads (SHR) announced today that it has hired Foster Durkee as a Senior Vice President to help expand the company’s growing acquisitions business. In this new role, Durkee will be responsible for new acquisitions in the office, hotel, and multifamily sectors with a focus on opportunistic, value-add strategies. He will also assist with capital sourcing and new partnerships, identifying potential mixed-use developments, and the execution of existing deals.
“I am excited about the expertise Foster will bring to the team as we increase our business development and acquisition focus,” said SHR CEO David Songy. “His experience will be critical in raising new capital and continuing SHR’s commitment to delivering institutional-quality projects, particularly as we continue to grow our portfolio of office, hotel, and mixed-use properties in core markets like Atlanta, Nashville, Houston, South Florida, Raleigh and Charlotte.”
Foster Durkee joins SHR with more than nine years of experience in the commercial real estate industry. Durkee relocated from New York City where he most recently served as a Vice President at Related Fund Management, the real estate private equity investment arm of Related Companies, one of the largest privately-owned real estate firms in the United States. During his six years at Related Fund Management, Durkee was involved in the acquisition and development of over $2.5 billion of real estate across all asset classes. Prior to Related, Durkee worked in CBRE’s National Loan Sale Advisory Group in New York, among other roles. Durkee received his B.A. in Economics and History from the University of Virginia.
“I am thrilled to be joining a proven market leader like SHR to help define and execute against its short- and long-term growth strategy,” said Durkee. “The timing is right to expand the organization’s acquisition and capital funding efforts, and I look forward to contributing to the quality and innovation that SHR is known for.”
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