September 1, 2020

CRC Hires Christopher Thomas as Acquisitions Analyst

Continental Realty Corporation (CRC), a Baltimore-based commercial real estate investment and management company, has announced the hiring of Christopher “Chip” Thomas to the position of Acquisitions Analyst. Mr. Thomas joins the company after spending the past two years working as a Senior Valuation Associate for CBRE.

In his new role with the company, Mr. Thomas will provide underwriting support and complete financial analysis activities for potential multifamily and commercial properties acquisitions throughout the Mid-Atlantic and Southeast regions of the country. This includes involvement in the due diligence process entailing the analysis and evaluation of rent rolls and historical operations and the preparation of key assumptions for projections. Mr. Thomas will also obtain current economic and demographic data to assist in market survey reports.

“Chip brings strong and diversified property valuation experience in the multifamily, retail, commercial office and industrial product sectors to CRC, and we will depend on his timely financial analysis as we uncover and evaluate emerging acquisition opportunities,” stated David Donato, Senior Vice President of Continental Realty Corporation. “Chip interned with CRC over seven years ago, and his familiarity with our property acquisition criteria and due diligence processes will serve him well. As we continue our proactive approach in the identification and purchase of assets that bring long-term value to our investor groups, we expect Chip to be a key contributor to support these efforts.”

Mr. Thomas brings more than seven years of directly-related real estate and property valuation experience to CRC. In addition to working with CBRE, he worked in the Valuation and Advisory Services group for Colliers International, and functioned as a Property Management Associate for The Bozzuto Group.

Mr. Thomas earned a Bachelor of Science degree in Real Estate and Economic Development from the Merrick School of Business at the University of Baltimore, and a Master of Real Estate and Infrastructure from the Johns Hopkins University Carey Business School. He is also a licensed Maryland State Appraiser Trainee.

Continental Realty Corporation (CRC) is focused on acquiring value-add retail and multifamily properties located throughout the Mid-Atlantic and Southeast regions of the United States. Headquartered in Baltimore and founded in 1960, CRC is a full-service commercial real estate and investment company. The privately-owned firm owns and manages a diversified portfolio of retail centers consisting of more than five million square feet of commercial space, as well as nearly 10,000 apartment homes. Positioned throughout the Mid-Atlantic and Southeast regions, the portfolio’s value exceeds $2 billion. For additional information, visit www.crcrealty.com