Cityview promotes Damian Gancman to CIO

Cityview announced the promotion of Damian Gancman to chief investment officer (CIO). In his expanded role, Gancman will oversee the operations of Cityview and its investments, focusing on unifying its investment and asset management strategy, and supporting Cityview’s growth as it pursues strategic acquisition, entitlement and development opportunities during an extremely active time for the firm.

“We see the current market as the best multifamily buying opportunity since the Great Financial Crisis, and Damian is the perfect fit to help us expand our acquisition resources, capitalize on present opportunities and oversee our investments,” said Sean Burton, CEO at Cityview. “The current distress and dislocation in real estate has been primarily caused by disruption in the capital markets and high interest rates, not the fundamentals of real estate or multifamily, which is why we’re both very active and highly selective in pursuing opportunities that allow us to acqui