Wrightwell Welcomes Craig Krandel as New Managing Director to Boost Capital Markets Strategy

Wrightwell Welcomes Craig Krandel

Wrightwell, a prominent residential real estate investment firm, has appointed Craig Krandel as the new Managing Director and Head of Capital Markets. This strategic move is anticipated to significantly strengthen the company’s capital markets division.

Craig Krandel brings over 30 years of extensive experience in fixed income, structured finance, and capital markets within the residential real estate sector. Before joining Wrightwell, Krandel held the position of Chief Investment Officer and Head of Capital Markets at Beacon Ridge Capital Management. His prior role at Amherst Residential saw him successfully leading capital market initiatives, originating over $6 billion in financing for single-family rental portfolios through various funding avenues including warehouse acquisitions and public securitizations.

In his new role at Wrightwell, Krandel will oversee and drive the firm's capital markets strategy. This includes crucial functions such as supporting acquisitions and financing initiatives integral to Wrightwell's expanding residential investment portfolio. The firm aims to enhance its institutional-quality capabilities while facilitating creative, efficient financing solutions tailored for their investors, partners, and clients.

Anthony DePalma, the Co-Founder and CEO of Wrightwell, expressed enthusiasm over Krandel’s appointment, stating that it marks a significant evolution of the Wrightwell platform. As the market landscape grows increasingly complex, the need for effective capital solutions and robust lender relationships becomes exceptionally critical. DePalma highlighted that Krandel's rich background in the sector positions him well to propel Wrightwell's capabilities further.

Krandel’s focus will be on diversifying financing options, building stronger relationships with lenders and capital partners, and supporting investment strategies across build-to-rent and multifamily communities throughout the United States. As he steps into his new role, Krandel is eager to contribute to the firm’s growth trajectory and enhance the value delivered to clients and partners alike.

In summarizing his excitement about joining Wrightwell, Krandel remarked on the firm’s impressive reputation for disciplined execution within the investment field. He emphasized his commitment to helping strengthen capital market capabilities and broadening resources available to investors and partners as he integrates into the firm’s operational framework.

Wrightwell positions itself as a dedicated residential real estate investment platform, concentrating on acquiring and managing high-quality build-to-rent and multifamily properties in fast-growing markets across the United States. With a strong foundation in institutional investment discipline and operational expertise, Wrightwell aims to create enduring value for its investors, residents, and partners alike.

As Wrightwell continues to expand, the inclusion of experienced leaders like Craig Krandel bolsters its resolve to navigate evolving market complexities and fulfill its commitment to exemplary service in real estate investment.