U.S. Residential Group Taps Industry Veteran, Proffitt, as COO

Posted on 4/8/2015 by Isagani Firm Goleta

U.S. Residential Group LLC - a national full-service, fee-based multifamily management company for conventional and affordable apartments - is pleased to announce that multifamily veteran, Loyal Proffitt, has joined the company as Chief Operating Officer. Loyal will be based out of the Plano, Texas office and will oversee the day-to-day operations of USRG's national platform.

He is a veteran in the industry with 30 years experience working in markets across America and in all facets of multifamily.  His property management career started with Trammell Crow Residential and then moved to Equity Residential before he started his own company which was subsequently sold to Henry S. Miler.  In 2011, Loyal joined Riverstone Residential Group as Executive Vice President.  After Greystar's acquisition of Riverstone in 2014, Loyal held the position of Managing Director.

USRG's President, Al Fenstermacher said of Loyal joining the company, "Loyal's talents and experience complements U.S. Residential Group's exceptional professional staff and he will help us grow our multifamily business while maintaining our commitment of providing our clients extraordinary results."

About USRG

U.S. Residential Group LLC is a national full-service, fee-based management company for conventional and affordable multi-housing communities. By combining the talents and expertise of seasoned apartment professionals from each region of the country, U.S. Residential Group LLC and its key employees have experience managing apartments nationwide.

One of the country's top apartment management companies, USRG has an extensive background in all multifamily classes from new property lease-ups to REO's.  While our typical assignments are one to three-story garden-style communities, we have experience managing 100-year-old properties, lofts and high-rises.

For over 20 years, U.S. Residential Group LLC has been dedicated to achieving the goals and objectives of our multifamily clientele of institutional investment advisers, pension funds, public companies, non-profits, public agencies and private real estate investors.