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Ginkgo Residential names acquisitions director

Ginkgo Residential said is has hired Nazar Elwazir as its director of acquisitions.

The Charlotte-based apartment-management company said Elwazir will oversee the growth of Ginkgo’s apartment portfolio, including the evaluation of acquisition opportunities throughout the South. Elwazir will also help identify properties for a new joint venture — between Ginkgo and Starwood Capital Group –reached this year to acquire and rehabilitate work force housing throughout the U.S.

Elwazir was previously an associate in the real estate investment banking group at Deutsche Bank Securities.

Ginkgo Residential provides management services for 26,800 apartments across the U.S.

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