Lincoln Ventures, an Austin-based student housing and multifamily developer, has promoted Francisco Rios to chief investment officer.

As chief investment officer, Rios leads the firm’s investment strategy, overseeing its student housing, multifamily, development, and acquisition platforms with the goal of continuing to expand Lincoln Ventures’ portfolio nationwide. Previously, he worked as senior vice president of acquisitions at CA Ventures, a global real estate investment management firm.

“Francisco played a major role launching Lincoln Ventures’ national development platform,” says David Kanne, CEO of Lincoln Ventures. “Francisco’s market knowledge, industry relationships and investment acumen make him an invaluable asset to Lincoln Ventures, and this promotion is proof that he will be an integral part of growing our company.”

“Leveraging our track record for design and product differentiation, Lincoln Ventures is capitalized to fulfill its growth plan and continue to execute on creating desired communities for our neighborhoods and residents,” Rios says. “I’m excited to continue working with our outstanding team of design, architectural, engineering, construction, and sales and marketing professionals in this role.”

Lincoln Ventures is best known for its successful student housing developments near the University of Texas at Austin.