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Cedar Communities Adds Multifamily Division, Taps Propis and Manglaviti to Lead the Charge

New President, Director of Acquisitions Recruited From Dunross Capital
David Propis will help build the new multifamily division of Cedar Communities. (Courtesy of Cedar Communities)
David Propis will help build the new multifamily division of Cedar Communities. (Courtesy of Cedar Communities)
By CoStar News Staff
August 26, 2020 | 8:53 P.M.

New York–based private equity real estate investment firm Cedar Communities, a leading owner/operator of senior and assisted living communities across the Southeast, is launching a multifamily property acquisitions and management division, and has tapped two former Dunross Capital team members to lead its push into workforce housing.

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