Hildreth Real Estate Advisors, announced the appointment of Max Padway as chief operating officer to oversee the growth of the Hildreth proprietary database, new business initiatives and manage investor relations.
Padway gained operational experience from the tech space as the founder of an over-the-top (OTT) sports streaming platform.
Before starting his tech venture, Padway worked as an analyst on the asset management team at Guidepoint.
He also worked at the Benchmark Company, a boutique investment bank and sales and trading firm.
He graduated cum laude from the Boston University Questrom School of Business with a bachelors of science degree in finance.
Padway performs pro bono consulting for See Far Housing, an affordable housing initiative in Rwanda.
Transwestern Real Estate Services (TRS) announced four members of its New Jersey office were recognized nationally for their exceptional performance in 2019.
The honorees include Partner and City Leader James Postell, Managing Directors Matt McDonough and Dan Ligorner, and Director of Research Matthew Dolly.
Postell, McDonough and Ligorner were honored with the Top Deal – Owner Advisory award for securing a 147,215 s/f headquarters lease with Celularity at 170 Park Ave. in Florham Park, New Jersey – the largest office lease in the state during first quarter 2019.
McDonough was named to Transwestern’s coveted Champions’ Club for his transaction volume in 2019: 17 transactions totaling 327,667 s/f and $105 million in aggregate value.
Dolly was honored with the President’s Team Support Award for his ongoing national research support, continued contributions as a marketing and media relations advocate, and development of the firm’s Elite Eleven industrial reports.
Walker & Dunlop has acquired Beler Advisory Group, and the firm’s key principal, Mo Beler, has joined the firm as Senior Managing Director of the New York City Capital Markets Debt and Equity Team led by Aaron Appel, Jonathan Schwartz, Keith Kurland, and Adam Schwartz.
Beler will focus on sourcing and structuring equity capital transactions and debt financing for all commercial real estate asset classes nationally.
Beler established his firm in fall 2019. A 15-year industry veteran with over $6 billion of multi-sector and multi-risk investing and advisory experience across the capital stack, he previously served as a Vice Chairman within JLL Capital Markets.
While at JLL, Beler was directly involved in commercial transactions totaling more than $2 billion.
Before joining JLL, he was Principal and Head of investments at Innovo Property Group, and earlier served as a vice president within Rockwood Capital’s acquisition group.
Arbor Realty Trust announced the appointment of David Ohana as Director, Sales.
He is responsible for originating Fannie Mae, Freddie Mac, FHA, SFR Portfolios, Private Label, Bridge, Mezzanine, and Preferred Equity transactions nationwide.
Ohana has more than five years of experience in commercial real estate financing with a focus on multifamily transactions.
He has held previous roles as a mortgage originator, management consultant, and hedge fund analyst at top-tier financial organizations. Ohana most recently served at Haves, Pine and Seligman where he originated, underwrote, and structured real estate transactions.
He has a Bachelor of Science from the Sy Syms School of Business of Yeshiva University.
SABRE Real Estate Advisors announced that Douglas Jerum, most recently a Managing Director at Hanna Commercial, will be joining the team as Executive Vice President responsible for leading the national advisory business with Jayson Siano, SABRE Founder and CEO and Kyle Farley, Managing Director – National Accounts.
Having over 26 years of experience, 23 of those as a partner in Ferrara Jerum International, Jerum has opened over 175 units for Starbucks Coffee Company and more than 55 Wal-Mart Supercenters, SAMS Clubs and Walmart Neighborhood Markets.
He led Ferrara Jerum to over $1B of transaction volume prior to selling the company to Hanna Commercial.
Prior to joining SABRE, Jerum created and managed Ferrara Jerum International’s outsourced real estate services program for retailers, which he later brought to Hanna Commercial.
The program included the national store development programs for Tough Mudder Bootcamp, Ever/Body, Beat the Bomb, Fuzz Wax Bar and The Warrior Factory.
Tishman Speyer has hired Gary Rodney to help establish and manage a new affordable housing platform that will initially focus on the New York City region.
Rodney will help Tishman Speyer source opportunities to acquire, redevelop and engage in ground-up construction of quality housing that is affordable to low- and middle-income New Yorkers throughout the five boroughs.
Rodney brings more than two decades of experience related to the development and financing of affordable housing to his newly-created Managing Director role at Tishman Speyer.
For the past four years, he served as Chairman of CREA, LLC, where he worked with the senior management team and its partners to help finance quality affordable housing in cities throughout the country.
Immediately prior to CREA, Rodney served as President of the New York City Housing Development Corporation (HDC), overseeing approximately $14 billion of assets.
Earlier in his career, Rodney served as Executive Vice President for Development at Omni New York, and as Director of Development at BFC Partners.
He received his B.A. from the University of Rochester and a Masters of Urban Planning from New York University’s Robert F. Wagner Graduate School of Public Service.
Avison Young announced that Grant Otto has joined the company as an Associate on the Industrial team after previously serving as an intern with the firm last summer. Grant is tasked with helping to develop business through identifying prospective clients, supporting team tenant and agency assignments, collecting market intelligence as well as aiding in the analysis and underwriting of deals for clients.
Grant is a 2020 graduate of New York University, where he earned a Bachelor of Science in Economics in addition to being a centerfielder for the baseball team.
Eastern Union has promoted Jacob Lipoff to lead the company’s newly centralized QTS Banking and Capital Markets Division.
Holding the title of executive managing director, he will manage the firm’s full scope of banking relationships.
With the creation of this division, this component of the business has now been brought in-house.
Lipoff, who joined Eastern Union as senior managing director in the firm’s Mid-Atlantic Region in September, had previously worked with the Washington, DC office of Meridian Capital, and had served as chief operating officer with the Chateau Ridge Group in Baltimore.
He holds an MBA from the University of Baltimore Merrick School of Business and a bachelor’s degree in Talmudic law from Ner Israel Rabbinical College in Pikesville, MD.
Helmsley Spear announced that Megan Regan has joined the firm as Director of Marketing Services.
Regan will be responsible for producing pitch strategies and content for client presentations, proposals and Request for Proposal responses.
Prior to joining Helmsley Spear, Regan was the Creative Director at MHP where she collaborated with the Director of Brokerage Operations, leasing agents, and PR/marketing consultants of exclusive MHP assets with the development and implementation of brand identity assignments.
She attended Touro College where she received her Associate’s Degree in Liberal Arts.
JLL announced that Senior Managing Director Michael Klein has been appointed to co-head JLL Capital Markets in its New Jersey office.
Klein will lead the New Jersey debt and equity placement business alongside Senior Managing Director Jose Cruz, who will continue to oversee the investment advisory platform.
Klein joined JLL as part of the HFF acquisition in July 2019 and has more than 18 years of experience in the commercial mortgage banking industry.
During the course of his career, he has been involved in more than $4.1 billion in multi-housing, retail, office, industrial and self-storage transactions.
He holds a Bachelor of Arts degree from the University of Maryland.
As part of its strategic succession and leadership transition plan, Marks Paneth LLP has announced that Abe Schlisselfeld has been elected Successor Managing Partner to the current Managing Partner, Harry Moehringer, who is approaching retirement.
Schlisselfeld’s term begins January 1, 2021, and he will serve as Co-Managing Partner with Mr. Moehringer during a transitional period.
Schlisselfeld is the Partner-in-Charge of Marks Paneth’s Real Estate Group. He also serves as Growth and Alliance Leader and is a member of the firm’s Executive Committee.
For more than two decades, he has dedicated his career to serving the real estate industry, advising commercial and residential real estate owners, real estate management firms and real estate investment trusts (REITs) on all facets of accounting and taxation.
He has been at the forefront of examining the tax benefits and implications of the Qualified Opportunity Zones program since its introduction in the Tax Cuts and Jobs Act of 2017, enabling him to become a significant thought leader on the topic.
Merchants Capital announced the hiring of Dwayne George as Executive Vice President, National Head of Production.
With 15 years of multifamily production and management experience, George previously held positions at Greystone and Northmarq.
Most recently, he was at Freddie Mac as Senior Director of Target Affordable Housing Production where he managed the Freddie Mac Optigo Lender Network – a platform that consists of 19 lenders that is responsible for originating $6 billion of annual affordable housing production.
Prior to joining the production team, George served as a Senior Underwriter in Freddie Mac’s Target Affordable Housing Group.
During his first three years at Freddie, he orchestrated the purchase of $920 million in Freddie Mac Target Affordable originations.
George is a graduate of Goucher College with a Bachelor of Arts degree in Business Management. He also holds a master’s degree in Real Estate from Georgetown University.
Fairstead announced the appointment of Gladys Chen as its first Chief People Officer (CPO).
Chen will provide strategic and operational Human Resources leadership for the firm, drive initiatives that support the company’s strategic objectives regarding corporate culture and values, and collaborate with Fairstead’s leadership team to successfully grow the business while maintaining a high-performance work environment.
She brings over 15 years of experience in organizational design, executive recruitment, leadership development, and diversity and inclusion to her new role and will be based out of Fairstead’s New York headquarters.
Most recently, she was head of HR for both the Customer Experience and Technology divisions at E*TRADE. Before that, she held various senior HR roles at Citigroup within their Digital Consumer businesses as well as the Citi Private Bank organization.
Chen holds a Bachelor of Arts from Wellesley College, Master of Business Administration from Hofstra University, and a Master of Professional Studies from the School of Visual Arts.
In addition, she is certified in the Hogan Assessment Systems and in the iPEC coaching program.
National Cooperative Bank (NCB) announced Marty Ehrlich has joined as Vice President.
Ehrlich has extensive experience working with property managers in the community association industry.
Prior to joining NCB, he was the Northeast Region Account Executive at SouthData (an OSG Company) responsible for both sales and account management of print/mail and digital billing needs/solutions to over 300 management companies across 13 states. In his new role at NCB, Ehrlich will assist in growing the bank’s portfolio of cash management and loan customers within the community association industry.
His primary focus will be driving growth in the New York Metro market, but with his years of experience will also assist the Bank execute on its strategic business development efforts throughout the Northeast.
Ehrlich holds a bachelor’s degree from Clark University.
The Realty Advisory Board on Labor Relations (RAB) has promoted Robert Schwartz to Executive Vice President.
He will be responsible for supervising RAB staff attorneys, advising RAB members on labor and employment matters, handling grievances and arbitration, as well as serving as a trustee on various RAB funds administered in coordination with 32BJ and Local 94.
Schwartz has been with the RAB as a staff attorney since June 2015.
Prior to joining the RAB, he was an associate in the Labor and Employment Law Department of Proskauer Rose LLP.
His practice focuses on the representation of employers and management in all areas of labor and employment relations.
He received his Bachelor of Arts, with Honors in the Liberal Arts, from The Ohio State University in 2000. He received his law degree from Benjamin N. Cardozo School of Law in 2003, where he served as an Articles Editor for the Cardozo Journal of International and Comparative Law.
Integrated Business Systems (IBS) has promoted Steven Hirsch to director of product and services.
The industry veteran has more than two decades of accounting and property management tech experience, including 15 years with IBS.
In his new role, Hirsch is overseeing development strategy and service for IBS’s core product: Imperium Powered by Acumatica, a proprietary, cloud-based property management accounting platform and an outgrowth of the 40-year-old firm’s popular legacy system.
Hirsch’s newly created, managerial-level position is responsible for gathering and prioritizing customer needs and market demands to drive product development from vision through delivery. Hirsch is working closely with the IBS sales, marketing and operations teams to enhance revenue as well as customer satisfaction.
Hirsch began his career in accounting moving quickly into the controllership of a Manhattan-based computer company.
Prior to joining IBS, he held leadership positions with Parragon Affiliates and Merill Lynch, where he headed an internal software development team.
This combined expertise in accounting, real estate and software development has provided Hirsch with a distinctive skills set that continues to benefit both IBS and its clients.
LCOR Incorporated has announced the hiring of Vinh Thai as Development Associate.
Thai is primarily responsible for supporting the New York and New Jersey development teams in connection with acquisitions and execution of the firm’s development pipeline.
Most recently, Thai worked in both development and asset management groups at Carmel Partners. He began his career at Wells Fargo Bank in 2015 as a Multifamily Senior Associate in the Commercial Real Estate sector.
Thai holds a Bachelor of Science in Finance and Global Business from the New York University Stern School of Business and a Master of Science in Real Estate Development from the New York University Schack Institute of Real Estate.
NAI DiLeo-Bram & Co. announced that Kelly Bayer has joined its team of professionals as an Associate Vice President.
Bayer specializes in representing local and national retail occupiers and owners.
For the past four years, she was an Associate Director with Colliers International focusing on the retail sector.
Prior to Colliers, Bayer was an Associate at Cushman & Wakefield and was part of the New Jersey Retail Team.
She holds a B.S. in Exercise Science & Sports Studies from Rutgers University and is a Member of the International Council of Shopping Centers (ICSC)