Snell Properties Announces Vice President, Asset Management

Christine Rider joins executive team in newly created position

Arlington, VA. (August 10, 2020) — Snell Properties announced today the appointment of Christine G. Rider as Vice President, Asset Management.  As the newest member of the executive team, she will be responsible for managing Snell’s portfolio of assets and implementing investment strategies to ensure continued growth, financial stability and returns for shareholders.

“We are thrilled to have Tina join Snell Properties as we continue to grow our portfolio and diversify our assets,” said Christopher Hanessian, President of Snell Properties. “Historically, asset management has been a team effort at Snell, so we are excited to have Tina take the lead and shape our strategy with her impressive industry knowledge.  Her expertise will prove invaluable as we expand our portfolio in the coming months.”

Prior to joining Snell, Ms. Rider served as Vice President, Asset Management at PNC Realty Investors, Inc., in Washington, D.C.  During her tenure, she managed a portfolio of eight Class A, multifamily properties totaling 3,452 units with a total asset value of $1.8 billion.  In addition, she oversaw the development of build-to-core assets and worked on the construction of six Class A assets, with a total of 2,535 residential units and 221,500 square feet of office space.

Before joining PNC in 2007, Ms. Rider worked at Fannie Mae, Archon Group and Delta Associates, Inc.  Ms. Rider is a graduate of the University of Virginia and holds a Bachelor of Science in Finance. She lives in Alexandria, VA.

Headquartered in Arlington, Virginia, Snell Properties is a private equity investor, developer and manager of a portfolio of multifamily, commercial and mixed-use properties in urban submarkets surrounding Washington, D.C.  Founded in 1947 by George Snell, the company has built a legacy of creating value with its core portfolio of multifamily and commercial assets. Today Snell is managed by a seasoned team of real estate professionals with expertise in value-add renovations, development, finance, acquisitions and asset management. With a noteworthy portfolio of assets and exciting plans to expand into new markets and ventures, Snell is a boutique firm building on its legacy in innovative ways, including the redevelopment of the Ames Center in Rosslyn.  For more information, please visit snellproperties.com.

Contact: Katie Smith
Katie@MaierWarnerPR.com
301.424.4141