Gib Hale Joins Croatan
VIRGINIA BEACH, VA (September 24, 2024) – Croatan Investments (“Croatan”), a rental housing investment manager for private wealth and institutional capital, is pleased to announce the recent addition of Gib Hale as Senior Vice President of Transactions. Mr. Hale will be responsible for identifying, underwriting, and structuring investments across Croatan’s portfolio.
Croatan's Outlook
“As we approach the market bottom, we anticipate an exciting surge of transaction activity,” said CEO Paul Van. “Gib brings over a decade of experience in multifamily real estate and will be an asset to help us uncover and execute upon these generational buying opportunities.”
“Gib brings over a decade of experience in multifamily real estate.”
Prior Experience
Mr. Hale’s most recent role was as the Head of Acquisitions at Brick Lane, where he focused on Mid-Atlantic markets to build the portfolio from 500 to 4,000 units. Prior to Brick Lane, Mr. Hale was the Senior Acquisitions Associate at Harbor Group International, where he sourced, underwrote, and closed preferred equity, mezzanine debt, B- piece mortgage pools, and direct acquisitions for a $8bn fund. In this role, he successfully closed a $2bn REIT transaction, including 25 properties and over 9,000 units. Mr. Hale holds a Master of Business Administration with a concentration in Finance, Accounting, and Real Estate from the Owen Graduate School of Management at Vanderbilt University and a Bachelor of Arts in History from The University of Delaware.