STANDARD COMMUNITIES EXPANDS WORKFORCE OVER TWENTY PERCENT IN 2020 AS COMPANY CONTINUES IMPRESSIVE GROWTH

Standard Communities has announced that John Fischer has joined the firm as Managing Director of Asset Management. Mr. Fischer is a well-established multifamily housing industry veteran, having served in multi-disciplinary managerial capacities with other large multi-family owners and investors including Aimco, Highridge Costa, TruAmerica Multifamily, and Compass Acquisition Partners. Mr. Fischer, 40, earned a bachelor’s degree in economics at Claremont McKenna College. He will be based in Standard’s Los Angeles office.

Mr. Fischer is the most recent of the nine new hires made by Standard in 2020, including five in the last two months. This staff growth mirrors Standard’s success in creating, preserving and improving affordable housing. Standard was recently recognized by Affordable Housing Finance as one of the Top 50 Affordable Housing Owners in the nation, and one of the Top 10 Firms Completing Substantial Rehabilitations of Affordable Housing.

Standard has over 50 employees in seven offices nationwide, with additional hires in the pipeline, as its portfolio of nearly 9,000 affordable housing units continues to grow.

“We are excited to continue expanding our team, despite the challenges presented by the pandemic,” said Jeff Jaeger, Co-Founder of Standard. “Our growing staff reinforces our successful approach to creating and improving affordable and workforce housing nationwide, and allows us to continue providing resources to our residents and communities during this difficult period that has hit many especially hard.”

The staff additions continue Standard’s growth across many divisions of the firm. In addition to Mr. Fischer, the following individuals joined Standard in May and June:

— Sarah Pifer – Associate Director – Compliance, Orange County, CA

— Jake Nathan – Portfolio Maintenance Manager, Charleston, SC

— Kyle Considine – Acquisitions Analyst, New York. NY

— Vivian Beebe – Property Operations & Compliance Associate, Orange County, CA

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