People Moves: CAPREIT recruits Julian Schonfeldt from RBC Capital Markets as Chief Investment Officer

Press Release - Canadian Apartment Properties Real Estate Investment Trust ("CAPREIT") (TSX:CAR.UN) is pleased to announce the appointment of Julian Schonfeldt as Chief Investment Officer effective in the third quarter of 2022. In this role, Mr. Schonfeldt will be responsible for leading CAPREIT's strategic and growth initiatives, including acquisitions, dispositions, capital allocation, investment performance, and communication with key stakeholders.

Mr. Schonfeldt brings with him tremendous capital markets experience, having already been a trusted advisor to CAPREIT in his most recent role as Managing Director in the Real Estate Group at RBC Capital Markets. At RBC Capital Markets, Mr. Schonfeldt was responsible for equity and debt capital market transactions, mergers and acquisitions transactions, strategic advisory assignments, and the valuation of major assets and portfolios. 

Mr. Schonfeldt has raised over $15 billion of equity and debt capital and advised on over $10 billion of M&A transactions in the real estate industry. Mr. Schonfeldt holds a Bachelor of Commerce from Carleton University and holds his Chartered Professional Accountant (CPA, CA), Chartered Financial Analyst (CFA), Chartered Business Valuator (CBV) and US Certified Professional Accountant (CPA) designations.

"Julian brings a unique skill set of strategic capital markets experience, including investment and capital allocation strategy, which will be invaluable to CAPREIT. His knowledge and experience complements well within our leadership group and I am extremely excited to have Julian be part of the team," commented Mark Kenney, CAPREIT's President and Chief Executive Officer.

Source: Globenewswire