execUTIVE summary
- Andy Swadel, previously Vice President of Development for Madison Capital Group, LLC, has joined the EMBREY team to serve as market leader overseeing the growing Central Florida multifamily market
- Swadel brings direct familiarity with EMBREY’s Central Florida presence, having previously worked with Dr. Phillips Charities on the original vision and master plan for The Packing District, a mixed-use community where EMBREY’s The Cannery at The Packing District and Citron at The Packing District are located
- Since the original publication of this article, Andy Swadel has since gone on to lead the transaction with EMBREY Chief Investment Officer, Garrett Karam, which secured land and construction financing for future the EMBREY multifamily community, Boggy Creek, in Orlando, Florida
SAN ANTONIO, Feb. 28, 2022 /PRNewswire/ — Andy Swadel has joined Embrey as a Senior Vice President of Development. He will be based in Orlando to serve as market leader for the company’s work in Central Florida.
“Andy previously worked with The Dr. Phillips Charities on the original vision and master plan for the mixed-use community where Embrey’s project, The Cannery at The Packing District, will be the first residential offering” said John Kirk, Managing Director and Executive Vice President for Development at Embrey. “Andy knows Embrey well, he knows our project, and he knows the Central Florida market. We are delighted to have him join our team.”
Swadel comes to Embrey from Madison Capital Group, LLC, where he served as Vice President of Development. His previous experience includes Director of Development for SC Advisors in Orlando; Senior Vice President for TowerPoint Capital in Atlanta; and Senior Associate for Investments at Carter in Atlanta. He holds an MBA in Real Estate Finance from Georgia State University and a BLA in Landscape Architecture from The University of Georgia.
“The people, the culture and the long and stable history of Embrey establishes it as a premier national company in the real estate industry,” said Swadel. “I’m honored to be selected to join the team and to represent Embrey in the Florida market.”
About Embrey
San Antonio-based Embrey Partners LLC is a diversified real estate investment company that owns, develops, builds, acquires, and manages multifamily residential communities and commercial assets in targeted markets across the United States. Since 1974, Embrey has developed nearly 43,000 apartments and more than 6 million square feet of commercial property. Embrey is a leading developer in the multifamily sector with more than 4,000 units under construction. www.embrey.com
SOURCE Embrey
FAQs
Q: Who is EMBREY and where do they currently develop?
A: EMBREY is a diversified, partner-led real estate investment company that develops, invests, builds, acquires, and manages multifamily and commercial assets. Since 1974, family-owned EMBREY has developed more than 50,000 apartments and over 6 million square feet of commercial property in Texas, Arizona, Colorado, Florida, North Carolina, and Tennessee. San Antonio-based EMBREY is a leading developer in the multifamily sector, with more than 6,000 units under construction or in development.
Q: What is Andy Swadel’s role at EMBREY?
A: Andy Swadel has joined EMBREY as a Senior Vice President of Development to serve as market leader for EMBREY’s work in Central Florida. EMBREY’s multifamily properties in Central Florida include Citron at The Packing District, The Cannery at The Packing District, and the future class A multifamily community, Boggy Creek.
Q: Why is the Orlando housing market important for multifamily real estate development?
A: Orlando’s multifamily housing market is entering a new phase of opportunity, as record-setting population and job growth fuel sustained housing demand.
