Real Estate Weekly
Image default
Deals & Dealmakers

WHO’S NEWS: Allie Barot joins RXR, Avison Young NJ adds three to its ranks

Seena Stein has been appointed chair of the Board of Trustees of Jersey City Medical Center, an RWJBarnabas Health facility.

Stein succeeds Jersey City attorney Robert E. Margulies, whose term ended in March.

Stein was the founding partner of Newmark Knight Frank’s (NKF) New Jersey office. She has over 35 years of experience in commercial real estate and has represented such companies as Equitable Life Assurance, Goldman Sachs & Co., JP Morgan Chase & Co., Knight Trading Group, Citigroup and Morgan Stanley.

In addition, she has represented property owners such as Lefrak, Mack-Cali and UBS, among numerous others.

Stein is a past president of the New Jersey Chapter of the Society of Industrial and Office Realtors (SIOR). She served on the board of directors for the Industrial & Office Real Estate Brokers Association (IOREBA) and is on the board of the National Association of Industrial and Office Properties (NAIOP).

She is a member of the New Jersey Division of CoreNet, as well as Trustee at Monmouth Real Estate Institute at Monmouth University, and a member of the President’s Council of both Monmouth and Purdue Universities.

•••

RXR Realty announced the hiring of Allie Barot as Executive Vice President and Chief Human Resources Officer.
Barot is a seasoned HR executive and brings over 25 years of experience to RXR. She most recently served as Head of HR for the Investment and Corporate Functions at the Guardian Life Insurance Company, where she built and implemented HR strategies.

Prior to that, she held senior HR roles at UBS in the Investment Bank and Asset Management lines of business.

•••

Avison Young New Jersey has hired three real estate professionals, Ian Weiss, Vice President, James J. Byron, III, Vice President, and Michael Corrigan, Senior Associate.

Ian Weiss, Vice President brings nearly a decade of experience to his new position. He will represent office tenants and landlords in strategic planning and leasing.

Weiss previously served as Associate Director for Walter & Samuels, Inc., where he oversaw office properties encompassing over 1.1 million square feet.

He holds a Bachelor of Arts from Ithaca College as well as a Juris Doctor degree from Suffolk University of Law.
James J. Byron, III, Vice President brings over 12 years of experience in commercial real estate. He will concentrate on business development for the New Jersey industrial market.

Byron was most recently co-founder and principal at The Green Rock Group, an investment and development firm. Befoer that, served as an Associate Director at Cushman & Wakefield for five years.

He holds a Bachelor of Science in Finance from Fairfield University.

Michael Corrigan, Senior Associate, has nearly a decade of underwriting and real estate expertise. He will join George Gnad, Principal in the Debt & Equity Capital Markets Group and assist clients with the underwriting and financial analysis for both debt and equity.

Prior to joining Avison Young, Corrigan served as a Vice President with TD Bank for over five years in New York City and Boston. He began his career as a Financial/Budget Analyst for three years with NRT LLC/Coldwell Banker Residential Brokerage in Waltham, MA.

He holds a degree from the University of Richmond in Richmond, VA.

•••

Cushman & Wakefield announced three new hires and an internal transition in New Jersey.

Associates Stephen Shoemaker and Joseph Vacca join its Iselin-based industrial and office brokerage teams; financial analyst Mark Phillips joins its East Rutherford-based capital markets team, and the Colin Farawell, associate, moves from its Research Services group to a brokerage role in East Rutherford.

Stephen Shoemaker is specializing in industrial brokerage. Previously, Shoemaker worked as a financial analyst at Realterm Global, and interned at Boston Properties, Urstadt Biddle Properties and Tangoe International.

He earned a bachelor’s degree in political science from Yale University.

Joseph Vacca is working as an office leasing specialist. Before joining Cushman & Wakefield, he worked at Stryker Orthopaedics as a sales representative and subsequently as a field marketing manager.

Vacca is a graduate of Virginia Tech.

Mark Phillips has been working as an intern in the firm’s capital markets group since November and was recently hired into the full-time ranks of this industry-leading team.

Working under partners Andy Merin, David Bernhaut, Gary Gabriel and Brian Whitmer, he joins a team of 15 professionals who completed more than $2.5 billion in investment sales transactions last year.

Phillips graduated from the University of Vermont, where he majored in finance.

Colin Farawell joined Cushman & Wakefield as an analyst in the firm’s Research Services group last summer. He recently transitioned to office brokerage as a member of the Tenant Advisory Group team.

Farawell graduated from Bucknell University, where he majored in economics.

•••

Berkeley Point Capital announced the addition of Will Andersen as director, production in the firm’s New York office.
His focus will be on expanding BPC’s affordable team, working on GSE and FHA programs.

Previously, Andersen was the Director of Production and Credit Strategies at Hunt Mortgage Group, where he served as the product specialist for Fannie Mae and Freddie Mac’s commercial real estate lending products.

Prior to that, he was with the Citigroup Market and Securities Division where he worked with Public Finance and Citi Community Capital to develop retail distribution capabilities for private placement bonds secured by affordable housing.
Andersen received a BA in Economics from Hamilton College.

•••

Carrie C. Adduci has joined the Real Estate Practice Group at Certilman Balin Adler & Hyman, LLP as an Associate in the East Meadow office.

Prior to joining the firm, Adduci was a Real Estate Associate at the office of Joseph A. Faria, P.C.

In this position, she represented and advised purchasers, sellers, landlords and tenants in a variety of commercial and residential real estate transactions, including real property and co-operative apartments.

Adduci earned her Juris Doctor, cum laude, from St. John’s University School of Law in 2012. She was Managing Editor of St. John’s Law Review and Vice Co-Chair of the Public Interest Committee.

She earned her Bachelor of Science, summa cum laude, from St. John’s University with a major in Legal Studies and a minor in Theology.

•••

Goodwin announced that Diana Brummer joined the firm’s Real Estate Industry Group as a partner in its New York office.
Brummer’s experience spans the spectrum of commercial real estate transactions with a particular emphasis on joint ventures, senior, construction and mezzanine financings, acquisitions and dispositions, loan workouts, real estate recapitalizations and development.

She also has considerable experience acting for institutional investors, pension funds, private real estate funds and public and private REITs, as well as their investment advisors.

Brummer received her J.D. magna cum laude from Cornell Law School and her B.A with distinction from the University of Illinois.

She is admitted to practice in New York and is a Member the Leadership Advisory Committee of the National Women’s Law Center and also active in pro bono matters.

•••

Veteran property appraiser Eric Lewis, MAI, FRICS, will take the helm as president of the Valuation & Advisory (V&A) platform for the Americas, Cushman & Wakefield announced.

Lewis, who most recently served as Executive Managing Director and Practice Group Leader of the firm’s V&A Hospitality & Gaming practice, has worked for Cushman & Wakefield for 26 years.

As President, Lewis will oversee the operations of the Americas V&A group, which spans 600 professionals across six ervices, 17 practice groups, and 70 offices.

He will be responsible for driving the primary business objectives and activities of V&A in the Americas, including the platform’s aggressive growth and technology initiatives.

Last year, the Cushman & Wakefield V&A team appraised 31,740 properties in the United States valued at $1.16 trillion (USD) and 3,710 properties valued at $146 billion (CAN) in Canada.

Before his promotion and since 2005, Lewis oversaw the V&A platform’s Hospitality & Gaming (H&G) group as Practice Lead. In that role, he managed 25 senior valuation professionals dedicated to the hospitality industry. In 2017, the group appraised properties valued at more than $76 billion involving virtually every H&G property type.

Lewis entered the real estate appraisal business in 1987 and joined Cushman & Wakefield in 1992. He holds a Master’s in Real Estate Valuation from New York University.

•••

Savills Studley announced the hire of Francis Santangelo as an Assistant Director in the firm’s New York headquarters.
Santangelo joins a team led by Joseph Genovesi, an Executive Managing Director and a 30-year commercial real estate veteran at Savills Studley.

Previously, Santangelo was an Associate Broker for Avison Young, working within business development as a member of the New York City commercial leasing team. before that, he worked at Merrill Lynch as a financial advisor for three years.

•••

Wachtel Missry, LLP announced that Marvin J. Levine, Esq. has rejoined the Firm’s Real Estate Department as Senior Counsel in its New York City office.

Levine returns to the firm following a distinguished tenure helming the legal department at General Growth Propertie as Executive Vice President and Chief Legal Officer.

He led a 75-person legal department and was involved with commercial decisions in connection with nearly 120 million square feet of retail space under GGP’s management. His team handled $4.3 billion in acquisitions, $5.1 billion in dispositions, over $14 billion in financings and multi-party ventures.

Levine received his J.D. from New York University Law School and a B.S. from Lehigh University.

•••

Paul Steenson was recently appointed Director of Development at Townhouse Management Company.

Steenson’s responsibilities include overseeing construction of the firm’s development projects. He has extensive experience in site assessment, pre-construction planning, construction management and cost analysis.

He is currently focused on the company’s large scale mixed-use development project in Memphis, Tennessee.

Steenson’s career spans almost 40 years, during which time he worked for owners and served in managerial positions at some of New York’s largest construction firms.

He has presided over development for a range of properties including the Ace Hotel (NYC), Aspen Snowmass Resort Complex (Aspen, CO), Onyx Chelsea (NYC), Northside Piers (NYC), and High Line Building (NYC).

(Visited 1 times, 1 visits today)

Related posts

Woodmont buys last mile facility

REW

ON THE SCENE:

REW

Gym takes over old Whitney Houston recording studio

REW