Continental Realty Corporation (CRC), a Baltimore-based real estate investment and management company with a portfolio value exceeding $3.3 billion, has announced the selection of Eugene Wu as Data Scientist.
In this role, Wu will be an integral part of advancing the firm’s use of alternative data sets, data science and prop tech. For several years, CRC has been committed to data-driven decision making on the investment side of the business, as well as on operations. As a vertically integrated real estate platform, CRC has been an early adopter of a wide range of technologies and data-focused solutions.
With more than ten years of data science experience, Wu will further elevate CRC’s capabilities by bringing new perspectives and accelerating several strategic initiatives. Prior to joining CRC, Wu was the Principal Data Scientist for Markerr, a real estate-focused data analytics start-up headquartered in New York City. Wu was a founding partner at Real Factors, a data analytics company that was acquired by Vista Equity Partners. He has also worked in research and valuations at Ellington Investment Management Group and started his career as a portfolio analyst at BlackRock, where he specialized in sourcing alternative data sets to provide insights on distressed assets.
“There are new and evolving data sets all around us that are leading indicators on how an area is transforming, how populations are shifting, how consumers are spending and how peoples’ habits are changing, and information arbitrage is the new competitive advantage in our business,” stated Haley Donato, VP of Asset Management & Finance. “Eugene is an outstanding addition to our team, and we know he will significantly advance our efforts in this space. He has impressive technical skills and is also a creative thinker with a unique ability to find the intersection between big, innovative ideas and practical application.”
Wu earned a Bachelor of Arts degree in Economics-Statistics from Columbia University. He will work from CRC’s offices in New York City, where he has resided for many years.
Headquartered in Baltimore, Maryland and founded in 1960, CRC is a full-service commercial real estate and investment company focused on acquiring and operating retail and multifamily properties. The privately held firm owns and manages a diversified portfolio of retail centers consisting of more than seven million square feet of commercial space and approximately 9,000 apartment homes across 11 states, with a portfolio value exceeding $3.3 billion. For additional information, visit www.crcrealty.com.
