Los Angeles-based multifamily investor Cityview has hired Maggie Deichmann to lead East Coast acquisitions as the firm pushes beyond its Western roots.
Deichmann is managing director in the firm's newly opened New York City office.
The firm has identified Boston, Atlanta and Orlando, Florida, as top priorities for near-term investment, with Raleigh, North Carolina, and Charleston, South Carolina, targeted for future growth. Cityview has invested about $6.5 billion in more than 150 projects since its founding in 2003 and manages and develops more than 7,500 units across the country. The company also has offices in Los Angeles and Dallas.
Deichmann will help scale Cityview's platform to new markets, with skills ranging "from closing complex acquisitions and overseeing opportunistic asset management to building successful teams," CEO Sean Burton said in a statement.
She previously served as managing director and head of opportunistic equity and structured products asset management at Affinius Capital, where she oversaw a $15 billion portfolio spanning housing, hospitality, logistics, media and mixed-use strategies. Earlier in her career, she worked on Allianz Real Estate of America’s acquisitions team, where she helped the firm invest more than $18 billion across multiple property types.
Deichmann is a member of the Urban Land Institute and serves on the New York University Stern Real Estate Advisory Council as an executive in residence. She received an MBA from NYU Stern and a bachelor’s degree in economics from NYU’s College of Arts and Sciences.
In January, Cityview hired Christoph Donner as a principal and global head of capital development and strategy, tasked with launching the firm's New York outpost. Donner is leading the firm's capital strategy and investor relations team.