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Deals & Dealmakers

WHO’S NEWS: Alicia Glen joins Common board; Newmark poaches a dozen industrial specialists

Common announced that Alicia Glen has joined its Board of Directors.
The former New York Deputy Mayor for Housing and Development and Managing Director of Goldman Sachs’ Urban Investment Group, Glen is a nationally recognized expert in urban development, infrastructure finance, job creation and housing policy.
She served as Deputy Mayor for over five years where she designed and implemented a 300,000-unit affordable housing plan and broke the record for the most affordable units financed in a single year for both 2017 and 2018. In the 12 years prior, Glen was the managing director of the Urban Investing Group at Goldman Sachs. There, she focused on building and executing public-private financial and real estate partnerships to invest in underserved domestic markets and drive neighborhood revitalization, economic opportunity and social impact. In 2020, Alicia founded MSquared a nationwide real estate development and investment platform.

The Feil Organization announced Eric Lowenstein as the new Chief Financial Officer.
Lowenstein will be responsible for financial planning, implementing strategic investments, capital structure and the firm’s accounting.
Lowenstein previously served as General Counsel at RWN Management, LLC, an investment management firm based in New York City. and as senior vice president and chief tax officer at Edison Properties.
He began his career as a tax lawyer at Weil, Gotshal & Manges LLP and Paul, Weiss, Rifkind, Wharton & Garrison.
Lowenstein received his J.D. and LL.M. in Taxation at New York University School of Law and received his B.A. with High Honors in Business Economics at the University of California at Santa Barbara.

Eastern Union has promoted Estie Rotstein to the position of Director of Recruitment.
In this newly created position, Rotstein will oversee outreach for job candidates to further expand the growing number of new Eastern Union brokers.
Rotstein — who is based in Denver, CO — will lead a nationwide recruiting initiative, targeting both new entrants to the workforce as well as seasoned sales professionals.
Rotstein started as the company’s executive hiring assistant. She rose to her present title after taking on a range of added responsibilities. Rotstein has a total of more than 17 years of experience as a certified life coach and teacher.

Jason Schwartzenberg is re-joining Savills after a six year stint with JLL.
He will hold the title of Executive Managing Director and will be based out of our NYC office, working alongside vice chairman Erik Schmall, Stephen Berliner, Scott Weiss and their team.
Schwartzenberg, who worked at Savills from 2002 – 2014, has nearly 20 years of industry experience and has completed over 200 transactions in excess of two million square feet throughout his career.
He has represented China Construction Bank, Alphadyne Asset Management, Marchesa, Carter Ledyard & Milburn and Global Infrastructure Partners.

The Real Estate Roundtable’s 24-member Board of Directors has approved John F. Fish (CEO & Chairman, Suffolk) as the organization’s Chair-Elect, to begin his term as Chairman of the Roundtable in mid-2021.
The Board also approved, effective immediately, Jodie W. McLean (CEO, Edens) as its Secretary and Jeff T. Blau (CEO, Related Companies) as the Chair of the organization’s newly established Equity, Diversity and Inclusion (ED&I) Committee.
Fish will succeed Debra A. Cafaro (Chairman and Chief Executive Officer, Ventas, Inc.) whose term expires July 1, 2021.
Fish is the Chairman and CEO of Suffolk, one of the largest builders and privately held companies in the country,
He is a former Chair of the Federal Reserve Board of Boston, current Chair of Brigham and Women’s Hospital and member of the Mass General Brigham’s Executive Committee, and is serving his second term as Chairman of the Board of Trustees at Boston College.
Jodie W. McLean is Chief Executive Officer of EDENS, one of the nation’s leading private owners, operators and developers of retail real estate.
McLean currently serves on the Board of Directors of the Federal Reserve Bank of Richmond. She also serves on the boards of Cushman & Wakefield and Extended Stay America, as well as boards of several other institutions and charities.

Avison Young announced the hiring of Peter Gross as a Principal specializing in transaction management.
Gross brings more than 15 years of experience in tenant and landlord representation, acquisitions, dispositions and development assemblages.
During his career, Gross has represented a diverse group of clients, including Nexstar Media Group, The Soho House, Bank United, Bed Bath & Beyond and Advance Magazine Publications.
Prior to joining Avison Young, Gross was co-head of operations and a senior broker for Douglas Elliman Commercial where he was the top grossing commercial agent in 2017, 2018 and 2019.
Gross earned a degree in Political Science from Union College in New York.

JLL Capital Markets announced that Thomas E. Didio, Jr. has joined the firm as a Director in its New Jersey office.
Didio will work alongside his father, Thomas Didio, Sr., in the JLL Capital Markets New Jersey debt and equity placement group led by senior managing director Michael Klein.
Didio has nearly 10 years of experience in commercial real estate finance and joins JLL from CBRE in Saddle Brook, New Jersey. Before that, he was a director
at Black Bear Asset Management.
Prior to entering the debt and equity brokerage space, he worked for four years at Freddie Mac Multifamily after launchign his career at HFF.
Didio is a graduate of Tufts University where he played varsity football.
Didio is familiar with the New Jersey Capital Markets office, having interned when he was a student at Tufts University.

JLL announced Travis McCready as executive director and National Practice Leader in the firm’s Life Sciences industry practice.
McCready will focus on partnering with local market teams to intensify JLL’s Life Sciences strategy across the U.S., while serving as an advisor to clients and providing the full spectrum of JLL’s Life Sciences real estate services.
With over 25 years of leadership expertise in private, public and large-scale not-for-profit institutions, McCready joins JLL from a strategic consultancy role at The Commonwealth Project, a start-up medical research and development company, as well as TMA Precision Health, where he served as an advisor for the Boston-based biomedical advisory and enterprise development company.
Prior to that, McCready served as President and CEO of the Massachusetts Life Sciences Center.
Other leadership roles include The Boston Foundation, Kendall Square Association, and Harvard University.

Helmsley Spear announced the appointment of James Harris as Senior Managing Director.
Harris has more than 35 years of experience in the real estate industry participating in leasing and sales transactions consisting of millions of square feet of commercial office space.
He specializes in tenant representation with an emphasis on strategic planning having represented an array of corporate occupancies from traditional office leases, commercial condominiums, to major retail tenants.
He has been responsible for the multi-year planning of occupancy for corporations such as Toronto Dominion Bank and Continental Airlines, now United Airlines. Top retailers such as Hermes of Paris and Oxford Men’s Clothing have relied on Mr. Harris’ expertise to secure their New York flagship retail stores.
As agent for landlords, Harris, has completed over 1M s/f of New York agency assignments.
He has syndicated and developed over $5 million worth of real estate in multiple smaller transactions as a co-principal.
Prior to beginning his career in New York with Tishman Realty and Construction, he worked as an assistant on a multi-state Starker Exchange (1301 Exchange) transaction that was awarded the Clinton B. Snyder Trophy for most ingenious deal by RNMI (Realtors National Marketing Institute) in 1986.
Harris attended Western Michigan University, where he majored in Business Administration and later studied physics at FUND DP Notre Dame, Namur Belgium. Harris has also earned the CCIM designation.

RM Friedland announced that Chris O’Callaghan, one of Westchester’s most prominent commercial brokers, has joined the company to lead its newly formed Office Brokerage Division.
O’Callaghan most recently served as a managing director of JLL responsible for the Westchester market.
During his career, he has negotiated lease and sale transactions valued at $750 million involving more than 17 million square feet of space.
Significant transactions in the region include Morgan Stanley’s (750,000 s/f purchase of former Texaco Headquarters in Purchase and Prodigy Services’ 340,000 s/f lease at 445 Hamilton Avenue, White Plains).
Prior to joining JLL in 2013, he served as a Senior Director with Cushman & Wakefield.
O’Callaghan served as Chairman of the Board of the Business Council of Westchester and Chairman of the Westchester Economic Development Business Coalition.

Walker & Dunlop, Inc. has hired Jason Golub as Vice President of Diversity, Equity & Inclusion (DE&I).
Golub will be responsible for creating new programs and enhancing existing initiatives that reinforce diversity, equity and inclusion.
Golub previously served as senior leader at GE legal, where he focused on high-risk investigations, workplace culture and training, and compliance, while also serving as a senior member of the company’s Diversity & Inclusion Council for five years.
Earlier this year, he was appointed the chair of the Police Reform and Re-imagination Task Force in Saratoga Springs, NY, a Governor Cuomo mandated task force aimed at police reform and reducing racial inequality.
Golub holds a Bachelor of Arts from Connecticut College and a Juris Doctorate from Columbia University, School of Law, where he focused on human rights law.

Hodges Ward Elliott announced industry veteran Michael Britvan joined the company as Managing Director.
Britvan will lead the firm’s loan sale advisory initiatives as part of the Capital Markets Group.
Britvan has more than a decade of loan sale experience, trading more than $15 billion of loans on behalf of financial institutions.
Most recently, he served as Managing Director at Mission Capital Advisors.
Britvan is a graduate of Binghamton University.

Turnbridge Equities announced that Michael Gazzano will oversee new acquisition and development opportunities on the West Coast, as the firm expands its investment footprint throughout the country.
Gazzano, who joined the firm in 2019 as a managing director, has been supporting other projects in the Turnbridge portfolio throughout the U.S. over the last year.
In his new role, he will now focus his efforts on identifying new investments on the West Coast for ground-up development and value add initiatives, as well as distressed note acquisitions, across various asset classes including multifamily, mixed-use, office, and industrial.
Gazzano has over two decades of real estate investment and development experience.
He previously served as Vice President of Development for Caruso. Prior to that, he worked in the Global Real Estate Group for The Walt Disney Company and started his career with C.W. Driver in Southern California.
Gazzano holds a Master’s Degree in Real Estate Development from the University of Southern California and a Bachelor’s degree in Urban Planning and a Minor in Civil Engineering also from the University of Southern California.

Colliers International Group has hired veteran real estate professional Craig Ruoff to serve as Executive Managing Director.
Bringing over 30 years of local and national commercial real estate experience, Ruoff will focus on landlord and tenant representation in Westchester and Fairfield Counties.
Ruoff has represented a wide range of notable clients including, Brain and Spine Surgeons of New York, Greywolf Capital Management and many more.
Prior to joining Colliers, he was a Senior Director of Brokerage at Cushman & Wakefield. Additionally, he spent over two decades with some of Westchester’s premier boutique commercial firms.
Ruoff received a B.A. in Economics and Political Science from Union College in Schenectady, NY.

Newmark Group announced the addition of 11 industrial real estate professionals to its offices across North America.
Al Petrillo (NJ), Adam Petrillo (NJ), Craig Engelhardt (NJ), Tom Carragher (NJ), Jeff Cannon (CA), Andrew Morrow (CA), Blake Anderson (TX) and Steve Levine (FL) join the company as Executive Managing Directors; Brian Prevoe (ON) as Senior Managing Director; and Chris Koeck (NJ) and Steve Korfiatis (NJ) as Managing Directors. Each of the individuals join Newmark from Savills.
They have a history of developing and executing strategy on portfolios in excess of 100-million-square-feet annually.
The professionals will assist clients in navigating evolving dynamics across their supply chain, logistics, warehouse, distribution and manufacturing real estate portfolios throughout North America and beyond.

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