Sudberry Properties, which has developed approximately 10 million square feet of commercial property with a market value exceeding $2.5 billion, has appointed Diana Longoria vice president/asset management – residential. A highly regarded asset manager, Longoria has managed portfolios consisting of nearly 20,000 multifamily units during her 25-year career in Southern California.
She will be responsible for Sudberry’s growing portfolio of multifamily apartment communities, which includes 1,350 units and more than 500 opening by 2020.
“We’re happy to welcome Diana to our team of real estate professionals,” said Colton Sudberry, president. “Diana has in-depth knowledge of all aspects of residential asset management. She has an impressive record of increasing occupancy, building rapport with tenants, mentoring managers, and maximizing portfolio performance. She brings a valuable skill set to the firm,” he said.
Most recently, Longoria was the regional manager of Alliance Residential, where she managed a portfolio of seven properties, totaling 1,813 units, in Riverside, Los Angeles and Orange counties.
Earlier, she was senior regional manager for Pinnacle, responsible for 11 multifamily properties in Southern California; regional manager for Riverstone, responsible for six properties in in L.A. and Orange counties; and regional manager for The Irvine Company, managing a portfolio of seven properties in Newport Beach and Irvine.
Longoria is a Certified Property Manager (CPM) candidate, a designation awarded by the Institute of Real Estate Management, and a Certified Occupancy Specialist, which demonstrates mastery of HUD rules and regulations.
She is currently completing a bachelor’s degree in Business Management and Business Psychology at Azusa Pacific University and holds a California Real Estate license.