PALM BEACH GARDENS, FL - Eastwind Development, a premier multifamily development company with a proven track record across South and Central Florida, announces the addition of Adam Schmitt as Vice President of Asset Management. He is based in Eastwind’s Palm Beach Gardens corporate headquarters and is responsible for leading and executing asset management strategies to optimize asset performance across Eastwind’s expanding portfolio.
Schmitt oversees operations and leasing across all of Eastwind’s properties, while providing key support with acquisitions, development coordination and dispositions.
“We are excited to bolster our team with the arrival of Adam Schmitt,” Eastwind President Jack Weir said. “Adam’s vast experience and deep knowledge of all aspects of owning and operating real estate are extremely beneficial as we continue our growth plans across Florida.”
Prior to joining Eastwind, Schmitt served as Vice President of Asset Management at Pebb Capital, leading operations for various properties across multiple asset classes, performing investment due diligence and handling investor reporting. Schmitt contributed to the successful execution of business plans and dispositions of assets valued at over $300 million. Before Pebb, Schmitt held the position of Finance and Portfolio Manager at multibillion-dollar real estate investment firm Westbrook Partners.
Schmitt earned a Bachelor of Business Administration (BBA) in Management and Accounting and a Master of Professional Accounting from the University of Miami. He is a licensed Certified Public Accountant and Real Estate Sales Associate in Florida.
“Eastwind has an incredibly appealing combination of institutional resources with an entrepreneurial approach,” Schmitt said. “I am eager to work closely with Eastwind’s impressive team to maximize the performance of our best-in-class multifamily assets.”
About Eastwind Development: Headquartered in Palm Beach Gardens, Florida – with a regional office in Orlando, Eastwind Development specializes in the acquisition and development of high-quality multifamily communities throughout Florida and the Southeast U.S. Founded in 2007, Eastwind primarily focuses on the development of market rate, workforce and active adult communities. Its leadership has a successful track record completing top-tier multifamily communities throughout several real estate cycles. Eastwind has a portfolio of more than 5,000 units completed, under development or in the pipeline. For more information, visit www.eastwinddevelopment.com