Bill Harrington joined Andrews Avenue Residential (AAR) in 2020 as Regional Portfolio Manager, bringing extensive years of experience to the newly established residential management venture. Harrington audits the daily physical and financial activities of all assets in the investment portfolio consisting of nearly 2,000 apartment units in Virginia and North Carolina. In addition, he has put a framework in place for the day-to-day operations of the properties, focusing on maintaining and improving the overall financial performance of the communities. Harrington will prepare and provide strategy on budgets, goals and objectives, as well as optimizing training and motivation of on-site teams.
Prior to his appointment with AAR, Harrington was with The Franklin Johnston Group, a company he helped establish. He served as Senior Vice President of Operations and was responsible for ensuring the profitability and legal compliance of the portfolio of 16 properties, consisting of 2,500 units, from 2013 until 2016.
Harrington joined S.L Nusbaum Realty Co. as the Regional Property Manager V.P in 1999. During his 14 years with the company he was responsible for managing and increasing profitability for 8 assets encompassing 2,700 apartment rental units. Harrington maintained an average lease occupancy of over 97% while averaging over 10% in annual NOI growth throughout the portfolio. In this role Harrington was responsible for all aspects of management including supporting community managers and site staff, and serving as liaison between owners, corporate staff, and contractors.
Harrington holds his CPM Designation through IREM along with his VA Real Estate License and HCCP designation.