Alliance Residential Restructures Eastern US Operations

SCOTTSDALE, AZ — Alliance Residential, ranked No. 8 on the National Multifamily Housing Council Top 25, has reorganized its Eastern U.S. operations, creating a Mid-Atlantic Division and announcing a series of executive promotions, the company said in a Sept. 22 release. The move positions the developer to streamline operations across a growing multifamily market and better serve its regional portfolios.

The Southeast Division will now encompass Georgia and Tennessee, led by Noah Randall, formerly managing director for both states. The newly established Mid-Atlantic Division, covering North and South Carolina, will be headed by Donald Santos, who has been managing director out of Charlotte since 2015.

Brian Austin, Chief Operating Officer – East at Alliance, explained the organizational changes:
"While it was a reorganization, it was spurred by retirement and two guys having the opportunity to move up in an organization. [Oglesby] had brought up two really strong developers in his organization. Randall is based in Atlanta, and Donald Santos is based in Charlotte. And both of those guys were very capable and very able to continue their business on a go-forward basis."

The restructuring follows the departure of Todd Oglesby, Alliance’s longtime managing director for the Southeast region, who retired after 18 years with the firm. Austin noted that the reorganization was a natural evolution rather than a response to market pressures.

As part of the division changes, Alliance also named key leaders to oversee construction and development:

• Wayne Edy, Vice President of Construction, will manage construction teams in the Southeast Division.
• Hunter Buck, Vice President of Construction, will lead construction in the Mid-Atlantic Division.
• Carter Brehm was promoted to Development Director for Georgia after overseeing development of more than 2,500 multifamily units totaling over $600 million.
• Stephen Keller continues as Development Director for Tennessee, managing more than 2,100 multifamily units since joining in 2019.
• Andrew Howe remains Development Director for the Carolinas, with experience in developing over 5,600 units across the region.

Austin noted that while the internal team is prepared for growth, he anticipates a moderately slow market through the end of 2025:
"I think after the first of the year, we’re hopeful that capital will re-engage and increase their appetite for development and for our discipline side as well."

The reorganization reflects Alliance Residential’s broader strategy to strengthen regional oversight, optimize project delivery, and support growth across key Eastern U.S. multifamily markets, including Georgia, Tennessee, North Carolina, and South Carolina. By aligning leadership with geographic focus areas, the developer aims to maintain momentum despite current market headwinds and position the company for expansion when capital conditions improve.

Originally reported by Leslie Shaver in Multifamily Dive.