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Deals & Dealmakers

Who’s News: JLL hires IBM exec, Jonathan Rose branch has new president

JLL appointed former IBM executive Sanjay Rishi as Chief Executive Officer for its Americas Corporate Solutions business.
John Forrest, who has held a dual role of Global and Americas CEO for Corporate Solutions since 2014, will now fully focus on the Global CEO position for Corporate Solutions.
At IBM Rishi established and led the company’s global Cloud Consulting Services organization.
Prior to joining IBM, he was CIO and Group Vice President – Information Technology and Strategic Planning for Johnson Controls Automotive, and also was a partner at PwC.
Rishi’s appointment is the latest in a series of new talent JLL has recruited from outside the real estate industry.
Most recently, former Google executive Vinay Goel joined as Chief Digital Product Officer, Corporate Solutions. Last year JLL brought on two Silicon Valley veterans to launch JLL Spark, a global division dedicated to identifying and delivering new technology-driven real estate service offerings.

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Bestreich Realty Group (BRG) announced that Zachary Ziskin has joined as a senior associate.
He will lead the firm’s lower Manhattan team in the sale of mixed-use, multifamily and retail transactions.
Prior to BRG, Ziskin worked for Marcus & Millichap for seven years, focusing on sales and underwriting of investment properties throughout the lower Manhattan markets of Tribeca, West Village, Greenwich Village, Chinatown and Soho to name a few.
Throughout his career, Ziskin has sold over 30 properties in lower Manhattan totaling approximately $200 million in sales value and has handled over a dozen 1031 Exchanges.
Recent transactions include the sale of 77 Madison Street, a 32-unit mixed use rent regulated building owned by two prominent families in Chinatown.
Ziskin was first exposed to real estate at a young age working with his father in a family-run real estate company that owned and operated commercial buildings in Queens.
He graduated with a bachelor’s degree in business administration from SUNY Geneseo.

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NorthMarq Capital announced that Andy Murray, a structured finance expert with more than 30 years of experience placing institutional and private equity in commercial real estate projects, has joined the firm as senior vice president/senior director in the company’s New York City office.
Murray’s experience includes Summer Street Advisors where he was managing director with responsibility for CRE principal investment in debt and equity, CRE capital markets, structured finance, and equity capital raising with institutional and private investors .
AT TH Henderson (Nuveenhe supported the $15 billion of CRE Managed Accounts business, overseeing client investments in private CRE debt and equity.
He also spent 12 years with Lehman Brothers, where he focused on CRE structured finance deal originations of more than $4 billion with some of the firm’s most important clients.

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Thor Equities Group announced the promotion of Colin Bahor to Director of Acquisitions.
Thor Equities is expanding its global portfolio, acquiring properties in key urban areas throughout Mexico as well as major cities in Europe such as London, Madrid and Paris, along with top U.S. markets.
In Mexico, Thor recently launched four new projects totaling approximately seven million square feet.

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ShopOne Centers REIT Inc. announced the promotion of Eric Hutchins to the position of Senior Vice President of National Accounts.
Hutchins, who previously held the title of Vice President and Director of Leasing, will work with newly hired Executive Vice President of Leasing, Bob Dake, to advance ShopOne’s leasing initiatives.
Prior to ShopOne, Hutchins served as Vice President of Leasing at Devonshire REIT, where he developed relationships with national tenants such as Dollar Tree, Burlington Stores and Ulta.
He also spent three years as Vice President of Leasing for Timberstone Group.

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NAI James E. Hanson announced that Gates W. Frassetto has joined its Parsippany, N.J. office as an associate.
Frassetto will work closely with the team of Josh Levering, SIOR and Barry Cohorsky, SIOR on office and industrial sales and leasing.
Prior to joining NAI James E. Hanson, Frassetto developed relevant work experience as an intern with Garden State Realty, LLC where he led market research initiatives working with various databases and municipalities. Additionally, Frassetto surveyed business parks to ensure up-to-date records regarding tenant occupancy.
Frassetto graduated in May 2018 from The University of Alabama, where he earned a Bachelor of Science in Commerce and Business Administration with a specialization in real estate.

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Habitat for Humanity New York City (Habitat NYC) announced that Karen Haycox, CEO of Habitat NYC and President of the Habitat NYC Community Fund, was elected to the board of the New York State Community Development Financial Institution Coalition (NYS CDFI).
The NYS CDFI Coalition provides a delivery system for community development finance to communities throughout the state that have limited access to capital.
During her tenure at Habitat NYC, Haycox has instituted a new vision for the organization, with a goal of increasing the number of families served through construction and preservation to 2,021 by the year 2021.
She has also overseen the development of Sydney House, the largest single-structure, multi-family Habitat for Humanity project in the world.
Prior to joining Habitat NYC in 2015, Haycox served as Vice President, Fund Development at Southwest Solutions and held a number of senior positions over more than a decade with Habitat for Humanity International in Atlanta.
Haycox is deeply involved in New York’s LGBTQ and housing communities, including serving on the board of the Stonewall Community Development Coalition, an organization dedicated to providing New York’s LGBTQ seniors with supportive, affordable and safe housing options.
She also serves on the board of the Housing Partnership, which assists in the development, promotion, and revitalization of New York City’s affordable homeownership and rental housing through an assortment of specialized programs.

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Jonathan Rose Companies has promoted affordable housing finance veteran Kelly Boyer to President of Rose Community Capital (RCC).
She was formerly West Coast Director of RCC.
The finance company, acquired as part of Jonathan Rose Company’s purchase of Forest City’s affordable housing business in 2017, provides FHA loans for clients’ affordable and mixed-income residential projects in the Midwest, West Coast and the Northeast.
In her new position, Boyer will lead the RCC team in the origination, coordination, underwriting, processing and closing of company and third party loans involving the U.S. Department of Housing and Urban Development’s Federal Housing Administration (FHA) mortgage insurance program. She will also provide support on other RCC financing trans
Boyer was formerly HUD FHA/MAP Director and FHA Chief Underwriter for Citibank N.A./City Community Capital, the largest affordable housing lender in the United States.
She was previously the U.S. Department of Housing and Development (HUD) Los Angeles Multifamily Hub Director where she worked to modernize FHA financing and increase coordination with LIHTC and other financing programs.

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CBRE announced that Mike Hart has joined the firm as the Global Workplace Solutions (GWS) Sales and Client Solutions leader for the Northeast Division.
GWS provides facilities management, project management, advisory and transaction and consulting services to occupiers of commercial real estate.
CBRE, he will work to develop and implement strategic and aggressive growth plans for clients and will also focus on retaining and expanding accounts in the Northeast Division.
Hart will collaborate closely with GWS Northeast Division President, Jim Harding.
He joins CBRE from Cushman & Wakefield, where he most recently served as an Executive Vice President in Global Occupier Services.
Prior to C&W, Hart worked for JLL and was responsible for account management and business development.
Hart holds an MBA from Virginia Tech and a BA from Duke University.

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The Council on Tall Buildings and Urban Habitat appointed John Jacobs as Chief Operating Officer.
Jacobs takes on role of Chief Operating Officer after serving in executive roles with the Telecommunication Industry Association responsible for membership, marketing and business development. Before TIA, Jacobs served as senior vice president of marketing and product management with Yankee Group Research in Boston.
Jacobs earned a Master of Business Administration from Georgetown University.

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