Chanell Briggs Joins Croatan
VIRGINIA BEACH, VA (January 26, 2023) – Croatan Investments (“Croatan”), a multifamily investment manager for private wealth, institutional, and retail capital, is pleased to announce the recent addition of Chanell Briggs as the Senior Vice President of Portfolio Management. Ms. Briggs will be responsible for all portfolio management activities including both asset management and fund management functions. Leading a talented team of professionals, she will be part of Croatan’s executive committee and will ensure the execution of each investment’s business plan along with an unwavering focus on value creation and enhancement for each investment as well as the company’s funds and investment vehicles.
“Chanell has a proven track record of building and leading successful portfolio management teams for institutional-grade sponsors and will be integral to managing our investments once capital has been deployed,” said CEO Paul Van. “Her parallel focus on top-down oversight of our entire portfolio and fund vehicles will allow Croatan to execute its goal of becoming a nationally-recognized institutional-fund manager.”
“Chanell has a proven track record of building and leading successful portfolio management teams."
With over two decades of experience, Ms. Briggs has focused on finance, underwriting, asset, and portfolio management. She most recently served as Vice President of Equity Asset Management for Pacific Coast Capital Partners, where she prepared business plans, investment strategies, and proforma projections for each project to enhance long term value. There she played a lead role in asset disposition, refinancing, and debt restructuring and worked closely with joint venture partners to manage brokers, property managers, construction/project managers, and attorneys to provide clear direction in executing on both the portfolio’s strategy and the specific asset’s business plan.
Ms. Briggs’ earlier real estate experience includes asset management roles at Hudson Capital Properties and Capri Capital Partners. Prior to receiving her M.B.A., she worked for Morgan Stanley as a Senior Manager within the Equity Derivatives division. Ms. Briggs received her Bachelor of Science in Accounting from Hampton University and earned her M.B.A. from Duke University, The Fuqua School of Business.