Franklin Johnston Group promotes two executives to top posts

The Franklin Johnston Group, a Virginia Beach-based multifamily development and property management firm, has announced the promotion of two company executives.

Vice President of Property Operations Bill Harrington has been named senior vice president of property operations.

Director of Compliance Marie Peace has been promoted to vice president of compliance.

Harrington has been in the multifamily industry since 1999. As a founding member, his role at The Franklin Johnston Group began as a regional portfolio manager. As senior vice president of property operations, Harrington is responsible for the operation of the group’s entire portfolio, which has grown to nearly 12,000 units of luxury, senior and affordable apartment homes in Virginia, North Carolina and Georgia.

Peace began her multifamily career in 1995 as a community manager in Central Virginia. By 1996, she completed a new community lease-up before the project opened and was quickly promoted to director of compliance, a position she created for the company to implement new tax credit and policy procedures.

She spent the next 13 years working with A.J. Johnson Consulting Services, developing expertise in asset management review, state and local housing program restrictions, Section 42 and Americans with Disabilities Act compliance.

Her new role returns Peace to her roots, working as compliance director and overseeing tax credit compliance for some of the same properties she started with over 15 years ago.