Chris Lubrano
By Joshua Burd
Saxum Real Estate has promoted Chris Lubrano to vice president of acquisitions, citing his role in the growth of the firm’s residential platform.
According to a news release, Lubrano has focused on the multifamily sector since joining the Summit-based team in 2021. Saxum now has more than 1,200 units delivered or under construction, the firm said, noting that he has also been instrumental in developing its build-to-rent housing strategy.
To that end, the company has closed on the first of a two-phase project in Garner, North Carolina, that will have more than 300 units. It also has projects under control in Raleigh, North Carolina, and Columbus, Ohio.
“Chris’ strategic insight has led to a robust build-to-rent pipeline that will allow Saxum to emerge as a key player in the sector for many years to come,” said Sean Gilbert, the firm’s principal for acquisitions. “His fortitude has led to Saxum’s residential expansion into key markets outside of the Northeast that display significant population and job growth statistics. We are thrilled to have Chris on our team and look forward to him continuing to elevate our residential strategy and contribute to the long-term success of the firm.”
Lubrano’s promotion is the fourth announced by Saxum in 2025, following a landmark year with more than $800 million in total investment capitalizations and $650 million in development groundbreakings across 4.2 million square feet of property, the news release said. The firm has also elevated Sunny Shah to vice president of acquisitions, with a dedicated focus on cold storage, along with David Lizza to development director and Frank Caputo to project executive within the development and construction team.
Saxum promotes Shah, key player in cold storage platform, to vice president of acquisitions