Pierce Education Properties today announced that Matthew Maruccia, Vice President of Acquisitions, has been promoted to Chief Investment Officer.
Maruccia, who joined PEP in early 2008, will lead efforts related to PEP’s national core and value-added student housing acquisition programs. Maruccia also oversees acquisitions for development projects and directs new business development for PEP’s student housing property management company, PEP Property Management. While with PEP, Maruccia has overseen the acquisition of more than $300,000,000 worth of student apartments nationwide.
PEP also promoted Maureen Lannon from Director of Marketing to Senior Vice President of Marketing. Lannon has 22 years of marketing experience, and joined PEP in 2013. She is responsible for corporate marketing, as well as sales, advertising, and public relations for the firm’s student housing and real estate development divisions.