Deephaven, First American and AmeriSave name new chief officers

Left to right: Jessica O’Connor, Aaron Thomas

Standard Communities, an affordable housing investor and developer based in Los Angeles and New York, continued its growth with seven executive promotions or hires across the country. “We entered 2022 with strong momentum from record growth that brought total capitalization of our portfolio to over $3.6 billion,” said Joe Ouellette, chief strategy officer of Standard Communities.

Joining its executive team are Jessica O’Connor, Aaron Thomas, Kate Bowers and Russ Peterson. O’Connor takes on the role of human resources business partner in charge of talent acquisition and development, as well as all other personnel matters, tapping into her HR background in several industries. With experience in investment banking and national nonprofit leadership, Thomas becomes Standard Communities’ chief of staff. He previously served as president and CEO of Accelerator for America, which assisted cities nationwide address economic insecurity. The company hired PR veteran Bowers as senior director of corporate communications. Bowers brings extensive knowledge in communications strategies for national multifamily real estate companies and most recently served at PR agency Weinberg Harris & Associates. The company also named Russ Peterson senior director of asset management. Before coming to Standard Communities, Peterson was the owner and principal broker of business consulting firm RPC, specializing in multifamily assets and will tap into his expertise in working across a wide range of commercial real estate assets, including conventional and HUD.

Standard Communities also promoted Tim Bourassa to senior director, acquisitions and underwriting. As leader of the team, Bourassa leads underwriting, due diligence and closing and has been involved in over 55 deals since 2016. Within construction services, Standard Communities promoted Craig Marschke to vice president and Patrick Lyons to director. Based in the nation’s capital, Marschke will lead renovation and capital improvement programs of Standard Communities’ operations nationwide, while Lyons will oversee West Coast and Midwest construction teams.