Redwood Capital Group expands investments team

Redwood Capital Group, a vertically integrated multifamily investment manager, announced two executive promotions and a new hire to support its strategic plan to double its assets under management over the next five years.

Effective immediately, the company has promoted Bill McDougall to managing director of investments and head of acquisitions, and Field Stern to managing director of investments and head of capital markets. McDougall and Stern are now members of the Investment Committee, as well. In addition, Redwood has hired Bill Rose as director of investments in the firm’s Dallas–Fort Worth office. Prior to joining Redwood, Rose held positions with leading regional investment sponsors, such as JPI Partners, Internacional Realty and StoneBridge Investments.

Over the past couple of years, Redwood has expanded its Dallas office and put an increased focus on the Southeast by hiring Ryan Steppe as director of investments in its Atlanta office. Last year, despite al