CRG Expands Residential Team with New Vice President of Development and Construction, Dan Hrankowsky
The firm continues to attract the industry’s top talent as it invests $1 billion nationally in multifamily and student housing
CHICAGO (March 14, 2022) — CRG, the national real estate development and investment firm, today announced that Dan Hrankowsky has joined its residential team as vice president of development and construction. In his new role, Hrankowsky will oversee all aspects of new development projects, from conceptualization through completion, supporting the firm’s ever-growing development pipeline in some of the nation’s top multifamily and student housing markets.
Having both trained and practiced as an architect, Hrankowsky brings to his role a decade of design expertise supplemented by more than a decade of construction and development experience through all stages of land acquisition, due diligence, entitlement and construction, a skill set that will enhance CRG’s ability to act swiftly on new opportunities.
Since late 2020, CRG has been executing its $1 billion plan for bringing middle-income apartment communities to the nation’s most sought-after markets, particularly in the Sun Belt, where explosive job and population growth has resulted in significant housing demand. The firm is working on multifamily opportunities across that region in cities such as Charlotte, Atlanta, Nashville, Dallas and Phoenix, while also building a significant pipeline of student housing development opportunities at major Tier 1, Power Five universities.
“CRG has been assembling a robust pipeline of development opportunities in some of the most desirable markets nationwide, and Dan has experience in nearly all of them,” stated JJ Smith, managing partner for CRG. “As demonstrated by our recent string of new hires, CRG has quickly become the top destination for talented real estate professionals like Dan looking to grow with a firm that not only has a great culture and reputation, but also appreciates its people and their contributions.”
Hrankowsky has held previous roles as an architect at Hartshorne Plunkard Architecture, a development executive at CA Ventures’ Student Living business, and most recently as a senior vice president at Akara Partners. Throughout his career, Hrankowsky has worked on all aspects of various residential building typologies and asset classes, also managing entitlement processes and investor communications. During his time at CA and Akara, he successfully delivered more than 6,000 units, 12,000 beds and 10 million square feet of projects for a total value exceeding $1.75 billion.
Hrankowsky earned a Bachelor of Architecture from the University of Kentucky and a Master of Architecture from Illinois Institute of Technology.
CRG is a privately held national real estate development and investment firm that has developed more than 10,000 acres of land and delivered over 210 million square feet of commercial, industrial, institutional and multifamily assets exceeding $13 billion in value. CRG leverages a powerful North American platform with local market expertise and offices in Atlanta, Chicago, Seattle, Southern California, St. Louis, Philadelphia and Phoenix. CRG’s philosophy of developing for the future and anticipating the enhanced needs of next-generation users led to the creation of its industrial brand, The Cubes, and its multifamily brand, Chapter. For more information, visit CRG’s website at www.realcrg.com.