Last month, American Landmark CEO Joe Lubeck said he was adding executives to boost the firm after raising approximately $400 million in equity commitments toward a $1 billion target raise that will ultimately provide the firm with $3 billion in buying power.
“We are bringing in new and additional senior people in both capital markets to grow our investor base,” Lubeck told Multifamily Dive.
Lubeck made good on that promise with two hires announced in a press release shared with Multifamily Dive on Tuesday.
American Landmark, which ranked No. 34 on the 2025 National Multifamily Housing Council list of the top apartment owners in the country, added Andrew Yam as senior managing director and global head of capital markets, along with Jessica Wichser as senior executive portfolio manager.
Though American Landmark is headquartered in Tampa, Florida, Yam and Wichser will be based in New York to deepen the firm’s relationship with institutional investors.
Yam, a 23-year investment veteran, will sit on the firm’s investment committee and senior executive management committee. He will be responsible for leading American Landmark’s global capital formation efforts, including fund strategy, partnership formation and investor engagement.
Previously, Yam was founder and managing principal of PXPillar Capital, a capital advisory firm focused on advising real estate investment managers on capital strategy and institutional fundraising. He also had stints at Lehman Brothers Real Estate Private Equity, Citi Mergers & Acquisitions, Phoenix Property Investors and Cottonwood Group.
Wichser, who will also sit on the investment committee, will be responsible for overseeing portfolio performance and strategy across the firm’s multifamily investment entities.
With more than 20 years of experience, Wichser served as managing director of portfolio management and global head of asset management at Partners Group, a Switzerland-based global private equity firm, where she oversaw the firm’s direct real estate portfolio. She also held asset and portfolio management roles at Clarion Partners, focusing on opportunistic investment strategies.
“Andrew and Jessica each bring deep institutional experience and a thoughtful, disciplined approach that aligns closely with our long-term vision,” Lubeck said in the press release. “Andrew’s leadership in global capital markets and Jessica’s portfolio management expertise further strengthen the firm as we see significant opportunity ahead in the multifamily sector and are well positioned to capitalize on it.”
Lubeck is also eyeing technology leaders to help navigate artificial intelligence and the plethora of tech offerings available to apartment firms.
“We’re growing our senior-level technology team because there’s so much great new tech coming,” Lubeck told Multifamily Dive. “But there’s so much of it that you need to know what you need, what’s applicable, what’s fully baked, as opposed to what’s still testing.”
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