Chaz Mueller | CEO of Progress Residential and Dana Hamilton | Head of Real Estate at Pretium

Long-term colleagues Chaz Mueller, CEO of Progress Residential (https://rentprogress.com/), and Dana Hamilton, Head of Real Estate of Pretium (https://pretium.com/), jointly speak with Matt on this week’s episode of Leading Voices in Real Estate to talk about the single-family rental business. Progress Residential, a portfolio holding of Pretium, is the country’s largest privately held owner and operator of single-family rental. Dana and Chaz share the dynamics and drivers of the single-family rental business, which has only recently emerged as a significant real estate asset class, institutionalizing a heretofore wholly “mom and pop” business. Dana and Chaz were among the founding leadership team at Archstone, which in the late ’90s, along with the other apartment REITs, were similarly institutionalizing a non-institutional business. They talk about the parallels between the early days at Archstone and this still-emerging business in single-family rentals as a new and permanent institutional asset class.About ChazChaz Mueller is the CEO of Progress Residential (Progress), one of the largest providers of high quality, single family rental homes in the United States, with over 60,000 homes in many of the country’s fastest growing markets.Prior to joining Progress, Chaz served as President of Irvine Company Apartment Communities, a California-based real estate investment firm with more than 58,000 apartments, and as CEO of The ConAm Group, an owner and manager of more than 50,000 apartments. Chaz also spent nearly 20 years at Archstone, a leading publicly traded multi-family REIT valued at over $20 billion, where he held various positions including President, COO and CFO.Chaz is on the Executive Committee of the National Rental Housing Council and the Board of Directors of the McCombs Real Estate Investment Fund at the University of Texas. He has worked to help underprivileged urban youth for almost 20 years, serving on the Boards of Colorado Uplift, Urban Youth Ministries, Elevate USA and ACE Scholarships. Previously, he was on the Executive Committee of the Board of the National Multi-Housing Council, Chancellor’s Advisory Council at Texas Christian University and Board of Trustees of Valor Christian School in Denver.Chaz received a BBA in Real Estate and Finance from the University of Texas at Austin and an MBA from Southern Methodist University in Dallas.About DanaDana Hamilton is a Senior Managing Director and Head of Real Estate at Pretium, a specialized investment management firm with more than $20B AUM, where she has played a leadership role in Progress Residential, the firm’s single-family rental platform, as well as its single-family rental funds and separately managed accounts, which together own and operate more than 60,000 single-family homes for rent.Dana has more than 25 years of experience building successful real estate operating and investment companies in the U.S. and in Europe. For most of her career, until February 2013 when the company was sold, Dana was a key member of the management team that grew Archstone-Smith (NYSE: ASN) into an industry-leading owner of apartments in the U.S. and abroad. At Archstone, Dana was most recently President, Europe, responsible for building the firm’s first non-U.S. operating and investment platform, while continuing to serve on Archstone’s U.S. Executive Committee. Prior thereto, she was Executive Vice President, National Operations, responsible for all corporate services including human resources, training and organizational development, marketing and communications, pricing and revenue management, business development and corporate research.