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Deals & Dealmakers

WHO’S NEWS: Ashley Monroe joins Irongate Management, WY appoints Ariel Salama

Irongate Management announced that Ashley Monroe has joined the company as Senior Vice President of Operations. With Irongate Management rapidly expanding its portfolio, the company created the position specifically for Monroe, who will help the company scale for growth. Monroe brings with her over 17 years of multi-family management experience spanning a variety of portfolios including conventional, tax credit, bond, senior, mixed-use, and student housing. Her extensive experience includes overseeing large portfolios with approximately 15,000 units at the executive level.

Monroe will be heavily involved with strategic planning for Irongate as it continues to expand its portfolio of multifamily properties. She will be specifically focusing on positioning the management company to efficiently and effectively manage its growing roster of Class-A communities. She will also be overseeing the firm’s recruitment and training.

Monroe began her career as a weekend leasing agent at the apartment community she resided in while attending University of Delaware. Working her way through every position in the office, she was swiftly promoted to multi-site management. Over her 17-year career, she has worked in more than 20 states and has garnered advanced experience in extensive renovation and capital projects, the planning and implementation of asset repositions and successful property lease-ups. She holds a Master’s Degree in Business Administration from Wilmington University, and a Bachelor’s Degree in Criminal Justice from the University of Delaware. In 2013, she earned her CPM designation from the Institute of Real Estate Management.

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WY Hospitality and Real Estate Group announced the appointment of Ariel Salama as Chief Financial Officer, effective October 13, 2015. As a key member of the Executive Management team, Ariel will report to the Principles and assume a strategic role in the overall management of the company. In this role, Salama will handle everything from overseeing the management and coordination of all fiscal reporting activities for WY Hospitality and Real Estate Group to assisting on all strategic and tactical matters as they relate to budget management, cost benefit analysis, forecasting needs and the securing of new funding.

Prior to joining WY Hospitality and Real Estate Group, Salama served as a Partner and Head of Risk for NuVerse Advisors LLC since 2008. Before that he was the Managing Director and Global Head of Private Banks for ABN Amro Bank where he managed the market and credit relationships of ABN Amro Bank with wealth management firms globally, including Credit Suisse, UBS and JP Morgan Private Banks. Mr. Salama brings over 30 years of experience to the WY Hospitality and Real Estate Group.
Ariel received his MBA from IMD in Luasanne, Switzerland and his BS in Economics from the Hebrew University of Jerusalem. He holds duel citizenship in the United States as well as in the United Kingdom. He currently resides in Manhattan’s Upper East Side.

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Gettry Marcus CPA, P.C. announced the addition of three new professionals to the firm.
Robert LaSpina, CPA, a resident of Bellmore, New York, is a Manager in the Accounting and Audit Group, and is based out of the Firm’s Woodbury, New York headquarters. He has almost 20 years of experience performing audits, reviews and compilations of private companies in various niche industries, including real estate, food, and apparel to name a few. He will be working with the firm’s Real Estate Group. Prior to joining the firm, LaSpina was an Audit Manager at Buchbinder Tunick & Co. LaSpina is a graduate of St. Johns University, receiving a B.S. (cum laude).
Jeffrey Lefcort, CPA, a resident of New York City, is a Senior Accountant with over 5 years of experience and is based out of the Firm’s New York City office. Prior to joining the firm, Lefcort was employed by Elliot Horowitz & Co. Lefcort is a graduate of Indiana University where he was twice acknowledged as a peer tutor of the month.
Jared Solensten, a resident of Smithtown, New York, is a staff accountant at their Firm’s Woodbury, New York headquarters. Prior to joining the firm as a full-time employee, Solensten was an intern at Gettry Marcus while he completed his Master’s Degree in Accounting from the State University of New York at Old Westbury, where he received a Certificate of Academic Achievement. Additionally, Solenstein, was awarded a B.M. (Bachelors of Music) degree from the University of Connecticut as a magna cum laude.

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Jeffrey and Erik Nissani have joined Eastern Consolidated as Senior Directors in the Investment Sales Division. They will be specializing in the sale of retail and office condos and office buildings.
Prior to joining Eastern, Jeffrey Nissani was an Associate Broker at Marcus & Millichap where he headed the office leasing and commercial condo/co-op sales team. Previously, he was the founder of his own successful leasing brokerage, JSN Properties, and prior to that he was a leasing agent at ABS, representing a number of properties, high-end restaurateurs seeking new locations, and large companies looking for space.
He attended the University of Michigan, and is a member of the Real Estate Board of New York (REBNY).
Jeffrey Nissani’s twin brother, Erik Nissani, has more than 10 years of experience in the commercial real estate industry. Prior to joining Eastern, he was an Associate Broker at Marcus & Millichap where he focused on commercial condo and co-op sales and office leasing.

Previously, he was a principal in his own brokerage, Willow Stone Realty, negotiating real estate deals for well-known clients such as Guinness World Records and Universal Music. From 2006 to 2011, he worked for JSN Properties, representing tenants in office leasing transactions in the Garment District, Chelsea, Gramercy, NoHo, SoHo, Hudson Square, and other areas in the downtown Manhattan market.
He graduated with honors from New York University where he earned a Bachelor of Fine Arts degree. He is a member of the Real Estate Board of New York (REBNY).

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Jim Brady has joined Castle Lanterra Properties (CLP) as Vice President of Property Management and Operations, announced Elie Rieder, founder and CEO of the privately-held real estate company. He brings more than two decades of real estate management experience to his new role with the N.Y.-based CLP.
Prior to joining CLP, Brady had held numerous senior leadership positions for multifamily real estate firms across the country, including AvalonBay Communities, Lincoln Property Co., Trammell Crow Residential, and Summit Properties. He has been responsible for portfolios as large as 147 apartment communities, and up to 475 employees. Brady earned a Bachelor’s degree from John Carroll University and has extensive industry-specific continuing education credits.

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National real-estate developer Southern Land Company has hired Jim Egan as Director of Acquisitions for the Northeast and Mike Raffio as Development Project Manager for the Northeast. Egan and Raffio will be based out of the newly expanded New York office located at 45 Rockefeller Plaza in New York City.
Egan, a resident of Rye, New York, will focus on acquisitions in cities from Boston, MA to Washington, D.C., and brings thirty years of construction, finance and development experience to his role at Southern Land. He will spearhead Southern Land’s efforts to build in high barrier-to-entry markets in the northeastern United States. Egan and acquisition colleagues will research markets, analyze and select sites, and undertake feasibility and entitlement work for Southern Land multifamily and mixed-used projects across the country.
Prior to joining Southern Land, Egan held leadership positions at several premier organizations including Anbau Enterprises, America First Apartment Investors, ING Clarion Partners and DRA Advisors.
Raffio, of Norwalk, Conn., will focus on Southern Land’s rapidly expanding development efforts along the Northeast Corridor. Raffio brings more than 25 years of experience in architecture, engineering and construction management of multiple high rise buildings in New York City. He joins Southern Land from The Macquesten Companies, where he was directly responsible for all phases of construction from scheduling to project development.

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Marie C. Iammatteo has joined the NYC Housing Partnership as Chief Financial Officer, a new position.
Ms. Iammatteo joins the Housing Partnership from Hope Community Inc., an East Harlem based non-profit affordable housing organization, where she served as CFO. Prior to that she was VP-Finance of the Swerdlow Real Estate Group, a private Florida based company involved in a broad range of development, management, leasing and ownership activities.
Earlier in her career she worked with Triangle Industries, Texaco and US Industries.
Ms. Iammatteo received an MBA degree in finance from Pace University’s Lubin School of Business and a Bachelor of Arts degree in Political Science from the State University of New York at Stony Brook.

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Colliers International Group Inc. announced that Michael Roessle has joined the firm as Director of National Office Research, effective immediately. Roessle, who brings nearly 15 years of industry research expertise, will focus on analyzing office property trends and delivering timely market projections to provide Colliers brokers and clients with a leading edge in the industry.
Roessle will prepare Colliers’ respected quarterly and special office research reports. He will interpret trends and data for Colliers International investor and occupier clients across the country. Drawing upon his broad real estate market expertise, Mike will help drive Colliers research agenda in corporate real estate and other property sectors.
Prior to joining Colliers, Roessle directed statistical analysis for a global commercial services firm, producing quarterly and annual market reports. He also oversaw in-depth research and analysis on corporate real estate trends, industry sectors and market dynamics to identify and communicate trends and insights relevant to real estate and to clients. Prior to that role, he served as a research supervisor for a leading commercial real estate data provider.
Roessle is a licensed New York State Real Estate Salesperson, and he holds a bachelor’s degree from Rutgers University.

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The Board of Trustees of Ridgewood Savings Bank announced it has elected Mr. Kenneth D. Daly and Mr. Neil Weingarten to its Board of Trustees effective January 1, 2016 and Mr. Robert F. McCarthy effective July 1, 2016.
Kenneth D. Daly is currently the President of National Grid, New York. Mr. Daly began his career at National Grid, formerly Keyspan and Brooklyn Union Gas, in 1988. His 27 years of experience at National Grid are primarily in the financial division; he previously served as Chief Financial Officer of Global Gas Distribution as well as Global Financial Controller. Mr. Daly also teaches finance, human resources, and management as an Adjunct Professor of Management at St. Francis College.
Neil Weingarten is an insurance sales management professional with over 20 years of general insurance agency management experience and more than 15 years as a group insurance brokerage sales manager. Mr. Weingarten is currently the Vice President of Broker Operations at Conference Associates, Inc., in Patchogue New York. He is also a Director of the Greater Patchogue Chamber of Commerce.
Robert F. McCarthy has 37 years of experience in the hospitality industry, with expertise in business strategy, P&L management, and leadership. Mr. McCarthy is currently the Managing Director & Chief Operations Officer of Chartwell Hotels in Concord, New Hampshire. Previously, he was Senior Vice President of Operations at Linchris Hotel Corporation in Hanover, Massachusetts.

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