Balfour Beatty Communities, a national residential real estate investment and management company, has appointed David Berman as Chief Compliance Officer. This newly created position aligns with the company's commitment to a culture of high ethical standards and integrity. Berman will be responsible for driving operational and regulatory compliance programs across the business and leading initiatives to embed ethics and compliance within the organization. He will also help advance a culture of ethics and compliance across the company and its workforce of over 1,400 employees. Berman will report to Chris Williams, President of Balfour Beatty Communities.

Chris Williams, President of Balfour Beatty Communities, emphasized the importance of ethical behavior and compliance in building trust within the business. He expressed his delight in working with Berman and welcomed his practical approach to ethics, compliance, and risk management. Berman, who has close to 20 years of experience as a compliance and investigations professional, expressed his excitement to drive the company's efforts in building a strong Ethics and Compliance function and supporting its mission.

Berman joins Balfour Beatty Communities from Lyft, Inc., where he developed and managed their ethics and compliance program. He has also represented corporations and individuals in internal and government investigations and worked as a Senior Counsel in the Enforcement Division of the Securities & Exchange Commission. Berman holds a Bachelor of Arts from Amherst College and a Juris Doctorate degree from New York University Law School.

Balfour Beatty is a leading international infrastructure group with 25,000 employees. Balfour Beatty Communities is an active owner and operator of residential real estate in the multifamily, student, and military housing sectors across the United States. The company has invested in nearly 100 properties representing more than $7.9 billion of gross asset value.