Matthews Real Estate Investment Services appointed David Roth as executive vice president and national director of multifamily and Alexander Ison as the director of finance for multifamily.

Roth and Ison previously served as vice president of investments and manager of investments, respectively, for The NRP Group of Cleveland.

“We are thrilled to announce the addition of multifamily expert David Roth to the team,” Kyle Matthews, chairman and CEO of Matthews REIS, said in a news release. “When I first met David Roth, it was immediately clear that he would be the right leader to expand our multifamily platform. He brings with him a proven track record in multifamily investment sales and a deep understanding of the real estate marketplace.”

In his new role, Roth will focus on building the institutional multifamily platform through recruitment, management and mentoring.

“It was a very difficult decision to leave NRP,” Roth said in the release. “The firm has exceptional leadership and will continue to do amazing things, but this was one of those opportunities where if I didn’t do it, I knew I would have regretted it. Kyle Matthews is a phenomenal leader and has built an amazing organization. The infrastructure at Matthews is incredible and I am excited to help expand upon the platform and aid in the rapid growth of the organization.”

J. David Heller, co-founder and CEO of The NRP Group, called Roth’s departure from NRP “truly bittersweet.”

“As a business owner, I am disappointed to see him leave, but as one of his primary mentors, I feel extremely gratified,” Heller said in the release. “David’s motivation comes from his desire to give tzedakah at a significant level and make a meaningful impact in our community.”

Matthews Real Estate Investment Services is at 812 Huron Road E., Suite 290, in Cleveland.

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