First National Realty Partners (FNRP) has announced the appointment of Josh Champion as the company’s new Chief Executive Officer. With extensive experience in investment, asset, and fund management, Champion’s expertise is expected to drive FNRP’s next phase of growth.
Champion’s appointment was announced by Jared Feldman, the Executive Chairman of FNRP, who expressed his excitement about the new addition to the executive team. “We are both fortunate and excited to have Josh join the FNRP team. Josh brings a track record of investment success combined with deep experience scaling growing firms that we believe is unmatched in the industry,” said Feldman.
Champion’s background includes serving as President and CIO of CARROLL, a vertically integrated private equity real estate firm, where he was responsible for overseeing the day-to-day operations of the company’s investment platform, asset and portfolio management, capital raising, investor reporting, and fund management. He led the acquisition of over 75,000 multi-family units nationwide and more than $20 billion of multi-family and mixed-use real estate transactions through multiple market cycles. Champion has raised over $4 billion of equity and sourced and secured over $8 billion of debt financing.
FNRP has been successful in growing its national presence and executing its business plan of building a best-in-class real estate private equity firm. With Champion’s addition to the executive team, the company aims to take the next step in its journey of growth.
Champion’s Achievements at CARROLL
During his tenure at CARROLL, Champion was responsible for the formulation and implementation of the firm’s national acquisition and disposition strategies. Under his leadership, CARROLL realized gross portfolio returns of 29% IRR and 2.2x equity multiple across more than $8.5 billion of dispositions. Champion has a successful track record of leading high-functioning, successful teams, and scaling growing firms.
Champion’s Vision for FNRP
Champion has expressed his excitement about joining FNRP and leading the team through the next chapter of growth. “FNRP has successfully grown a national presence and executed on its business plan of building a best-in-class real estate private equity firm. The team is made up of talented, high integrity growth-oriented professionals with a persistent drive to achieve the goals and vision of the firm,” said Champion.
Champion’s vision for FNRP includes leveraging his extensive experience in investment, asset, and fund management to help the company embark on its next phase of growth. He plans to apply his background and prior accomplishments to guide and lead the team through the next chapter of growth.
With the appointment of Josh Champion as CEO, FNRP is expected to experience exponential growth in the coming years. Champion’s expertise in investment, asset, and fund management, combined with his successful track record of leading high-functioning, successful teams, will be instrumental in helping the company achieve its goals and vision. The team at FNRP is excited about the new addition to the executive team and looks forward to working with Champion to take the company to new heights.
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