Berkshire management team is one of the most successful and seasoned in multifamily real estate, achieving returns well in excess of the NCREIF index.
Frank P. Apeseche

Frank P. Apeseche, Managing Partner and Chief Executive Officer

Mr. Apeseche is responsible for the overall strategic direction and operational performance of Berkshire and its portfolios. He chairs the firm's investment committee and is actively engaged in all aspects of the business. Over the past decade he led Berkshire's successful transformation to its current position as a nationally integrated, institutional, multifamily investment enterprise. During his tenure as CEO, Berkshire completed the initial public offerings of two companies; repositioned and monetized its buyout of a NYSE apartment REIT in conjunction with The Blackstone Group and Goldman Sachs; grew and then sold its multifamily mortgage subsidiary to Deutsche Bank; and established its institutional funds business, where more than $5 billion of multifamily transactions have been completed to date. Today Berkshire's apartment portfolios encompass over 30,000 units in 30 markets, with an organization of 1,000 employees.

Prior to his current position Mr. Apeseche was founding partner of BG Affiliates (a private equity investment firm funded by Berkshire), Chief Financial Officer of Berkshire, and Manager of Accenture. He holds a BA with Distinction from Cornell University and an MBA with Honors from the University of Michigan. He also lectures at Harvard and Cornell and has authored numerous publications on real estate management and investments. Mr. Apeseche has served on the boards of more than a half dozen companies and as a public company officer of two REITS. He is a member of PREA, NAREIT, the ULI, The Cornell Real Estate Council and an executive board member of the National Multi Housing Council, where he formerly chaired its capital markets strategy committee.

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