Atlanta-based multifamily developer Vista Residential Partners named a new chief investment officer and regional partner. 

Former managing director and regional partner Michael Neyhart was promoted to CIO and was replaced as the regional partner for Atlanta by Chase Beasley, who joined the firm from The NRP Group. 

In his new role, Neyhart will work with Vista’s CEO to analyze and review each of the company’s new projects across the U.S. and continue to work closely with lenders, investors and property managers. Since joining Vista 10 years ago, Neyhart has participated in the acquisition and development of over 5,000 units with a total capitalization of $800 million. 

“Having worked side by side with Michael over a decade, he has demonstrated a capacity for excellent analytical skills and a unique manner to review potential investments in an objective manner,” CEO and founder Eduard de Guardiola said in a press release. “This skill set is essential in light of Vista’s explosive national growth of its development platform and, accordingly, he will be a key member of Vista’s executive team.” 

As the new regional partner and managing director of Vista’s Atlanta office. Beasley will handle site selection, architectural and engineering design, development, construction management, finance, asset management and disposition throughout Georgia and Alabama. 

“We are excited to have Chase join Vista’s team,” de Guardiola said. “His engineering background, coupled with his hands-on multifamily development experience throughout the Southeast, will energize and continue to propel Vista’s development footprint in Atlanta and other key high growth cities in the Southeast.”