Fengate Asset Management (Fengate) is pleased to announce Justin Chung recently joined our senior professional team as Senior Vice President, Residential Asset Management, Real Estate.
Justin is responsible for overseeing Fengate Real Estate’s residential portfolio, which includes the recently launched Multifamily Income Fund and existing development funds, representing a pipeline of over 15,000 units. He leads the portfolio’s investment, risk management, and asset allocation strategies.
Prior to joining Fengate, Justin spent over 15 years at Realstar Management in progressively senior positions. In his most recent role as Vice President, Asset Management, Justin led his team in managing a portfolio of more than 19,000 rental apartments located across Canada, and driving this national portfolio’s financial performance. Justin also previously served as Realstar’s Director of Finance, overseeing the firm’s hospitality and manufactured housing communities business lines. Before his tenure at Realstar, Justin worked in various finance and operations roles at Loblaws Companies Limited.
“We are delighted to welcome Justin to the Fengate Real Estate team. His proven track record of managing all aspects of multifamily assets will undoubtedly bolster the strategic expansion of our fully-integrated real estate platform,” said Jaime McKenna, Managing Director and Group Head, Fengate Real Estate. “Justin’s experience is a valued addition to our team as we continue growing vibrant, sustainable, connected communities on behalf of our investors.”
“I am pleased to have joined the Fengate Real Estate team and to contribute to the tremendous, increasing momentum the team has generated over the last few years,” said Justin. “I look forward to leading the unique opportunity to build upon the foundation of the group’s residential portfolio for its long-term growth and expansion.”