RedPeak Announces the Promotion of Craig Kalman to Senior Vice President, Chief Investment Officer

RedPeak is proud to announce the promotion of Craig Kalman to Senior Vice President, Chief Investment Officer, marking a defining moment for both Kalman and RedPeak as it continues to build on its momentum in the multifamily industry.

Since joining RedPeak in 2018, Craig has been a driving force behind the company’s disciplined growth and long-term investment strategy. Known for his thoughtful and collaborative approach, he has played a central role in shaping the firm’s portfolio while helping guide complex investment decisions with clarity and precision. Over the course of his tenure, Craig has contributed to more than $500 million in multifamily transactions across 33 assets and has led the execution of approximately $450 million in debt financings, in addition to supporting multiple successful dispositions.

His impact can be seen across some of RedPeak’s most notable milestones, including the off-market acquisition of 532 Golfers Way, which ultimately led to the development of The Allyson Townhomes, the sourcing and acquisition of Elowyn Townhomes in 2022 for $75 million, and the acquisition of Monaco Row in 2025 for $64.8 million. Each of these moments reflects Craig’s ability to identify opportunity, execute with discipline, and contribute meaningfully to the long-term success of the portfolio.

In his new role, Craig will continue to lead RedPeak’s investment and asset management functions, bringing a steady, strategic perspective to the firm’s continued growth while remaining focused on delivering lasting value for residents and partners.

“Craig’s promotion is a reflection of both his track record and the way he approaches leadership,” said Josh Foley, Chief Executive Officer of RedPeak. “He brings a rare combination of analytical rigor, strategic thinking, and genuine collaboration that has helped define our investment platform. We’re excited to see him step into this role.”

Craig shared, “I’m incredibly grateful for the opportunity to continue growing with RedPeak and to work alongside such a talented team. I look forward to building on the strong foundation we’ve created and continuing to execute on our long-term vision.”

This promotion also represents an important milestone for the organization, as it marks the final positioning of RedPeak’s executive team. With this leadership structure now firmly in place, the company is entering its next chapter with clarity, alignment, and confidence in the years ahead. The executive team includes Faith Aids as Executive Vice President and Chief Operating Officer, Craig Kalman as Senior Vice President and Chief Investment Officer, Ali Cole as Vice President of Financial Management, and Josh Foley as Chief Executive Officer.