Woodfield Development, ranked among the nation’s top 25 developers of Class A multifamily communities, proudly announces the appointment of Tyler Butterworth (pictured) as the firm’s new Vice President of Asset Management. In this newly created role, Butterworth is responsible for a core group of near- and fully stabilized assets, focusing on optimizing cash flow and positioning each property for long-term success through strategic sales or continued ownership.
Butterworth will lead the strategic direction and operational oversight of the company’s multifamily portfolio, drive financial performance, and enhance asset value through disciplined budgeting, capital planning, and revenue analysis. His role will encompass leasing strategy, market positioning, and asset-level decision-making, including property repositioning and capital improvement initiatives. He will also collaborate closely with regional teams and investment partners, guiding asset selection and dispositions while identifying new opportunities for value creation across the portfolio.
“Tyler’s industry expertise and strategic mindset make him an excellent addition to our leadership team,” said Scott Underwood, Woodfield Development partner. “With a sharp focus on NOI growth and investment performance, Tyler brings a results-driven approach that strengthens and expands the company’s asset management platform.”
Butterworth brings over a decade of multifamily asset management and investment experience, most recently serving as Director of Asset Management at Consolidated Investment Group, where he oversaw a portfolio of over 25 multifamily assets across the Sun Belt. His background includes senior roles at KAIROI Residential and Hunt Capital Partners, with deep expertise in acquisitions, repositioning, capital planning, and financial performance optimization.
He holds an MBA with a finance concentration from the University of Colorado and a BBA in finance from the University of Mississippi.