In his current role as Chief Executive Officer of ArchCo Residential, Neil Brown is responsible for the strategic direction of the company. Through a partnership with former Archstone collegues, they have purchased land for the development of two apartment properties in California, one of which is under construction. Together, these two projects total 954 units and represent a total investment well in excess of $200 million.
From October 2010 until February 2013, when Archstone was acquired by Equity Residential and AvalonBay Communities, Neil Brown served as Archstone’s Chief Development Officer overseeing all of Archstone’s development activities nationwide. Mr. Brown joined a predecessor of Archstone (Security Capital Atlantic) in January 1996 and during his 17 year tenure with Archstone, the company completed the development of $4.5 billion of apartments, representing more than 38,000 apartments. At the time of Archstone’s acquisition, under Mr. Brown’s leadership, the company had grown its development pipeline to more than $5 billion. At Archstone, Mr. Brown served on the company’s Executive Committee and on its Investment Committee.
Mr. Brown has 35 years of business experience and has been developing apartment communities for 30 years.
Before joining Archstone, Mr. Brown opened the first JPI office outside of Texas, in Boca Raton, Florida and served as its Regional Vice President and Regional Partner with responsibility for all of JPI’s development activity in Florida. Prior to JPI, Mr. Brown was a partner with Trammell Crow Residential in south Florida.
He served four years as an officer in the Corps of Engineers of the United States Army, attaining the rank of Captain before leaving the Army to attend Harvard Business School.
Mr. Brown earned an MBA from the Harvard Business School. He also earned a Bachelor of Industrial Engineering with High Honor from the Georgia Institute of Technology.
Mr. Brown is a member of the Urban Land Institute (ULI), a member of the Multifamily Council (Blue) of ULI, a member of the Multifamily Leadership Board of the National Association of Home Builders, and a member of the Board of Directors of the National Multi-Housing Council. He has been an invited speaker at numerous multifamily industry events.