Situs, a provider of real estate advisory services, announced the expansion of its Bank & Loan Advisory Group with the appointment two directors and two vice presidents.
Roger Johnson and Edward Robertson have been named directors, and Brian Murray and David Risdon have been appointed vice presidents.
Edward Robertson joins Situs from Clayton Holdings, where he spent five years as managing director, Commercial Services Division.
During his time at Clayton Holdings, Robertson created and led a profitable commercial business servicing all aspects of financial services.
Roger Johnson has spent the past 18 years in the financial services industry, focusing for the last five years on distressed community banks.
Most recently, Johnson served as managing director and Business Development Officer at Garrison Investment Group.
David Risdon was the commercial services underwriting manager at Clayton Holdings and led contract underwriting teams on bank recapitalizations and M&A assignments.
Brian Murray has been in the industry for almost ten years, with the majority of his experience the investment bank, Keefe, Bruyette & Woods, as vice president and Head Underwriter in the Loan Portfolio Strategies Group.
Ronald S. Sternberg, Esq. is the newly announced vice president of business development at Kensington Vanguard National Land Services.
Sternberg joins Kensington Vanguard from Madison Title Agency, LLC, where he served as vice president for Strategic Alliances. His chief responsibilities at Madison were to find joint venture partners, close joint venture agreements with new partners and manage operations, compliance and marketing joint venture operations.
Prior to joining Madison, he owned and operated Summit Closing Services. Prior to that, Sternberg was a real estate attorney in his own law practice for ten years.
Sternberg was originally a tax attorney as well as a financial planner, tax shelter syndicator and real estate developer.
He received his Bachelor’s degree from SUNY at Stony Brook, his Juris Doctor from SUNY at Buffalo, and LL.M in Taxation from New York University.
Morrison & Foerster announced that Tushna Gamadia, a real estate finance lawyer, has joined the firm’s New York office as of counsel.
Gamadia follows the recent arrival of veteran real estate finance lawyer Lawrence Ceriello, who joined Morrison & Foerster as a partner last month.
Gamadia and Mr. Ceriello previously practiced together at Nixon Peabody.
Gamadia brings more than a decade of experience representing clients in all aspects of real estate financings. She frequently advises investors in the acquisition, development and operation of commercial properties.
She also works with buyers and sellers in the sale of commercial mortgage and mezzanine loans as well as participation interests and repurchase facilities in the secondary market.
Gamadia previously worked at Citigroup Global Capital Markets and Cadwalader, Wickersham & Taft LLP.
She earned her J.D. from Cornell Law School, where she was the Symposium Editor of the Cornell Law Review.
She received her undergraduate degree, magna cum laude, from Middlebury College.
Castellano, Korenberg & Co. announced that Neal Korenberg, CPA, partner, vice president and quality review director of the firm, was awarded the Distinguished Service Award by the New York State Society of Certified Public Accountants (NYSSCPA) Nassau Chapter.
Korenberg specializes in accounting for service industry businesses, construction and manufacturing, as well as accounting for high net-worth individuals and privately owned businesses.
He has remained an active member of the NYSSCPA Nassau Chapter throughout his accounting career.
He is the current chairman of the Cooperation with Bankers and Other Credit Grantors Committee and a member of the Accounting and Auditing Committee.
CPEX has hired Michael Pallas as an associate on the Multi-Family Investment Sales Team.
Pallas worked previously at Hentze-Dor Real Estate, Inc. after spending six months interning at the Long Island City based brokerage firm.
He serviced the industrial and commercial real estate sectors in the outer boroughs of New York City, performing market research, cold calling owners, canvassing neighborhoods, and showcasing properties.
Pallas graduated Cum Laude from the Peter J. Tobin College of Business at St. John’s University.
Mitchell E. Hersh, president and chief executive officer of Mack-Cali Realty Corporation announced that the company has promoted the following employees:
Janice H. Torchinsky, first vice president of human resources, is responsible for all human resource functions for both Mack-Cali and its subsidiary Roseland.
Employed with Mack-Cali since 2006, Torchinsky served as vice president. Previously she was a senior director of human resources for Liz Claiborne, Inc.
Jack Tycher, vice president of acquisitions at Roseland, is responsible for the Company’s multi-family property acquisition program.
Employed by Roseland since 2009, Tycher was previously a senior financial analyst. Prior to that he served as an assistant project manager for Hines and construction superintendent for K. Hovnanian.
In a year since joining the firm, real estate attorney, Stuart M. Saft has been named the practice leader for Holland & Knight’s New York Real Estate Practice and co-chair of its Global Hospitality, Resort and Time Share Group.
Drawing on his decades of experience in the industry, Saft was tasked with expanding the law firm’s presence in the competitive New York marketplace.
In the past year, he’s increased the firm’s profile through his representation of a number of high-profile hotel and residential projects around New York City, including the first Baccarat Hotel, developed by Starwood Capital and Tribeca Associates, on West 53rd Street in Manhattan and the new 34-story hotel development by Starwood Capital and The Moinian Group’s at 237 West 54th Street in Manhattan.
Adam Matloff has joined Cushman & Wakefield as a sales associate – leasing services.
He will be based in the commercial real estate services firm’s East Rutherford office.
A licensed New Jersey Real Estate Salesperson, Matloff previously managed a 130-unit rental complex and 70,000 s/f of retail space for Roseland, a Mack-Cali company, and served internships with Merrill Lynch and a lobbying firm in Hartford, Conn.
He earned a BA degree from the University of Hartford, majoring in Politics and Government and Communications.
HKS Capital Partners announced the appointment of Carolyn Payne to senior vice president.
She will focus on business development and structuring complex commercial real estate transactions.
Payne began her career in site selection for the multi-national corporate chain, Burger King, before moving to asset management and liquidity financing for a national life and health insurance company.
In this capacity, she was responsible for CRE financial analysis and due diligence leading to sales leaseback agreements, acquisitions, dispositions and leasing transactions.
She later moved to international commercial real estate brokerage firm Cushman & Wakefield where she analyzed transactions to maximize returns on her client’s investments.
Most recently, Payne served as an advisor to public and private companies strategizing on issues such as equity raising and capital structuring.
She has a BS from the State University at Buffalo and an MBA, Real Estate Program from New York University’s Shack Institute.
Mission Capital Advisors has added Greggory Applefield as a director in the firm’s growing Debt and Equity Finance Group.
Applefield, was previously with Eastdil Secured as a vice president in its real estate investment banking group for eight years.
Applefield will be responsible for business development and placement and execution of real estate capital on behalf of institutional investors and developers nationwide.
He has extensive experience with structuring, origination, credit analysis, marketing, bid process management, legal negotiation, and closing of first mortgages, A-Notes, B-Notes, mezzanine loans, and preferred equity for both single asset and portfolio real estate transactions and been responsible for leading deal execution.
His finance closings in 2011 and 2012 include $5.5 Billion in 46 transactions with 28 different lenders including domestic and foreign commercial banks, life insurance companies, mortgage REITs, CMBS, bridge, and mezzanine lenders.
Applefield received a B.B.A. in Real Estate and Finance at the University of Wisconsin-Madison.
Isaac Z. Ross has joined Treetop Development as an analyst.
Ross will be responsible for managing financial reporting functions and researching investment opportunities in conjunction with Treetop’s aggressive acquisition of residential properties throughout the New York metropolitan area, according to Adam Mermelstein, a principal of the Teaneck, N.J.-based apartment developer, owner and manager.
Ross holds a BS in Hotel Administration from Cornell University.
WEICHERT, REALTORS® – The Franzese Group has announced that Realtor Lawrence Goldschlager has joined the company’s sales team.
An industry veteran with nearly 20 years of experience in real estate, he will assist clients primarily in Brooklyn and throughout New York City. He is a member of The Brooklyn Board of Realtors and lives in Brooklyn.
Goldschlager specializes in investment and commercial real estate brokerage. His expertise in strategic planning and project management aids clients in maximizing profits and capitalizing on profitable investment strategies.