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, 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 from a group of unlinked, independent operating companies to its current focus as an integrated value-add multifamily investment enterprise. During his tenure as CEO, Berkshire successfully completed several strategic initiatives to fortify its position as a top tier multifamily investor/operator. It executed the initial public offerings of two companies; repositioned and monetized its buyout of a NYSE multifamily real estate investment trust in conjunction with The Blackstone Group and Goldman Sachs; grew and executed the sale of its multifamily mortgage subsidiary to Deutsche Bank; and established its institutional real estate funds business, where two new funds and over $4 billion of multifamily transactions have been completed since 2003. Mr. Apeseche and his Partners are now focused on the successful investment and management of Berkshire's portfolios, the expansion its institutional business, and the continued growth of its organization.
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 where he 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 for two REITS. He is a member of PREA, NAREIT, the ULI, The Cornell Real Estate Council and an executive board member of the National Multifamily Housing Council, where he chairs its strategic planning committee on capital formation.