New York & Tri-State + Midtown New York + Finance | March 21, 2023

Pretium Hires 25-Year Veteran as Managing Director, Asset Management

Pretium, a specialized investment firm with more than $50 billion in assets under management, said Melanie Gersper had joined the firm as managing director, asset management. She will lead the asset management of Pretium’s equity real estate portfolio nationwide, including more than 90,000 single-family residential homes managed by Progress Residential as well as Pretium’s build-to-rent platform.

Gersper brings more than 25 years of experience managing large residential real estate portfolios, including multifamily rentals, and has been responsible for operating stabilized assets and overseeing complex development projects across multiple geographies. Most recently, she served as ACRE’s COO since 2015, overseeing property and asset management and playing a meaningful role in acquisitions and dispositions.

“Melanie’s success driving operational performance across a variety of residential real estate portfolios will be invaluable as we continue to scale and optimize our business,” said Josh Pristaw, senior managing director and head of real estate at Pretium.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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