Cardinal Group Companies Eyes Future Operating Model, Announces Promotion of Cara Athmann to Chief Operating Officer

DENVER, CO – September 29, 2022 – Cardinal Group Companies (CGC), an industry leader in student, conventional, and affordable housing investments and property management, announced the recent promotion of its current Chief Technology Officer (CTO), Cara Athmann, to Chief Operating Officer (COO).

“We truly believe that the future of operations will go through technology, so it made sense for us to look at our CTO, Cara Athmann, as a logical choice to be the company’s next Chief Operating Officer. Cara not only understands the technology landscape, but she is a visionary of how tech, operations, and centralization will work together in the future to improve the resident and team member experience. As we do with all things, we focus on how this will impact the team members and residents we serve,” said Alex O’Brien, CEO, Cardinal Group Companies.

Before joining Cardinal in 2018 as the CTO, Athmann spent the last decade in the technology industry and was most recently a Vice President at RevGen Partners in Denver. Before RevGen, Cara gained experience in the multifamily industry as a member of AIMCO’s IT department and in various consulting roles focused on new technology implementations.

One of Athmann’s most significant focus areas is building a future operating model that utilizes modern workflows, including data-driven decisions, Artificial Intelligence, and centralized labor models.

“This is such an exciting time in our industry. The technology capabilities have advanced so significantly that we can create seamless digital experiences for our residents and free up time for onsite team members to focus on creating meaningful in-person connections for our residents,” said Cara Athmann, COO, Cardinal Group Companies. “In addition, the centralization model finally breaks the mold of a previously very rigid career path that also included significant geographic constraints. This convergence of tech and data capabilities creates a unique opportunity to elevate the resident and team member experience while still driving material OpEx savings for our clients and investors.”

Cardinal also recently hired Jacob Kosior as its first Vice President of Centralized Services. Jacob spent the last year focused on centralization at BH Management and has been a marketing and sales leader in the multifamily management industry for over ten years. Kosior will focus on how Cardinal can impact the resident experience through a customized resident journey with a heavy property technology component.

About Cardinal Group Companies

Cardinal Group Companies (“CGC”) is a fully integrated real estate management, investment, construction, consulting, and marketing firm focused on multifamily and student housing throughout the country. Headquartered in Denver, Colorado, CGC affiliate companies are all firmly built atop the company’s “Cardinal Culture.” Since 2007, CGC has been operating successful partnerships, focused on creating efficiency and above-market performance via their commitment to challenging the status quo of the industry. To date, Cardinal Group Companies has developed several best-in-class initiatives, which have earned the company national recognition year after year. Cardinal Group Companies’ management platform oversees over 40,000 units nationwide and over 70,000 student housing beds across the U.S., including Cardinal Group Companies’ owned portfolio, and third-party managed properties.

To learn more about Cardinal Group Companies, please visit www.CardinalGroup.com.

Media Contact:
Cardinal Group
Ainsley Robinson
Email: Ainsley.Robinson@CardinalGroup.com