GREENWICH, Conn.--(BUSINESS WIRE)--Waypoint Residential (“Waypoint”), a vertically integrated multifamily property investment company, today announced it has named Robert Shustak as its Chief Administrative Officer. Mr. Shustak will oversee the financial activities across the organization and will play an integral role in executing Waypoint’s long-term growth strategy. He will be based in Waypoint’s Greenwich, CT headquarters.
Mr. Shustak has more than 30 years of experience building and managing business operations in the investment management space and has demonstrated a proven ability to lead, develop and improve organizations, as well as recruit, motivate and manage talent. Most recently, Mr. Shustak was President and Chief Financial Officer of QFS Asset Management, an alternative asset manager. Prior to that, he served as Chief Operating Officer at Strategic Value Partners, Post Advisory Group and Quantitative Financial Strategies. Earlier in his career, he held the position of Chief Financial Officer at Long-Term Capital Management and was a Group Manager and Vice President with Salomon Brothers. Mr. Shustak holds a Bachelor’s degree in Accounting from Queens College.
“Robert’s in-depth understanding of building and operating investment management companies and his familiarity with the family office world will complement the strengths of Waypoint’s current management and staff as we seek to grow our platform and network of industry relationships. In addition, he has been a long-term investor with Waypoint and therefore is familiar with our strategy, team and processes,” said Scott Lawlor, Chief Executive Officer of Waypoint Residential. “He is a welcome addition to our team and his new role is critical to Waypoint’s continued growth and success.”
Mr. Shustak added, “Waypoint operates a unique and compelling business model in the real estate investment management industry and this role affords me the opportunity to have a meaningful impact on organizational growth. I look forward to leveraging my practical operations experience and intimate understanding of the business to support Waypoint’s long-term objectives.”
About Waypoint Residential
Founded in 2011, Waypoint Residential is a vertically integrated multifamily property investment company that seeks attractive current rates of return and longer term appreciation through targeted, value-add investment opportunities in select metropolitan areas of the Sunbelt and Midwestern regions of the United States. Waypoint provides investors access to institutional grade real estate investments on a recurring basis and the ability to customize their own diversified, income-producing, tax-efficient real estate portfolio. Waypoint currently manages 45 properties totaling 9,600 units. For more information, visit www.waypointresidential.com.
