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Deals & Dealmakers

WHO’S NEWS: Savills Studley hire Hollander & Fray, Asia Pacific Land adds Scully

Savills Studley has hired Harlan Hollander and Jason Fray as Senior Vice President and Senior Managing Director, respectively, of the firm’s Hackensack, New Jersey office.

Harlan Hollander, formerly an Executive Director at Cushman & Wakefield, has more than a decade of experience in commercial real estate, specializing in corporate advisory and tenant representation services.

He has developed solutions for numerous New Jersey-based companies, including the recently announced 350,000 s/f lease extension in Holmdel, NJ for communication services firm, Vonage; the largest deal of the year in the state of New Jersey.

Additionally, in 2014 and 2015, Hollander was a key member of the brokerage team that represented Valeant Pharmaceuticals in its original 310,000 s/f headquarters lease and 300,000 s/fexpansion at Somerset Corporate Center in Bridgewater, NJ.

Hollander has completed the largest offices deals in New Jersey in each of the past three years.

Prior to his career as a broker, Hollander practiced law at a Manhattan-based law firm, specializing in litigation.

Jason Fray, a 15-year industry veteran, and also formerly of Cushman & Wakefield, joins Savills Studley with significant experience in both tenant representation and capital markets advisory services.

His previous clients include United Technologies, BNP Paribas and Kessler. Fray’s tenant-focused approach enables him to create custom commercial real estate solutions tailored specifically to each client’s occupancy needs.

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Asia Pacific Land, an independent real estate investor and asset manager in Asia, announced that William Scully has joined the firm as Managing Director for U.S. Investments.

Based in NEw York City, Scully will lead the firm’s efforts to source and execute investments in select U.S. markets.

Prior to joining Asia Pacific Land, Scully was a Managing Director at Cerberus Capital Management and a Partner at Apollo Real Estate Advisors.

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Steiner NYC announced that Kris Ragone has joined the firm as Director of Marketing for the company’s residential developments.
Ragone, who has over 15 years of experience in the industry, comes to Steiner following roles as Sales Director and Property Manager for several new development projects in Brooklyn.

Current Steiner projects under construction include The HUB, a 56-story, 750-rental unit building which will be the tallest in Brooklyn, and 438 East 12th Street, consisting of 82 luxury condominiums in an amenity-laden, full service building uniquely located in the East Village, Manhattan’s authentic and art-filled neighborhood.
Steiner NYC is currently adding six soundstages to 580,000 square foot Steiner Studios, its state-of-the-art film and television production facility at the Brooklyn Navy Yard.

Steiner NYC will also be bringing the first Wegmans supermarket to New York City, in a 285,000 square foot mixed-use complex at Admirals Row in the Brooklyn Navy Yard.

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Highcap Group announced the addition of Jonathan Bichoupan as investment sales associate.

Bichoupan has been involved in the world of business since an early age. His last endeavor was at KMB Worldwide, a leading financiers in emerging growth markets. During his time at KBM Worldwide, he helped close millions of dollars in transactions, and helped develop a new division that funds private businesses throughout the country.

Bichoupan has been able to take the skills he’s gained from his past experiences and utilize them within the real estate sector.
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John Magnani, commercial division sales manager at Daniel Gale Sotheby’s International Realty, Manhasset, has been appointed to the Associate Board of the Commercial Industrial Brokers Society of Long Island (CIBS).

A veteran of commercial real estate since 1984 and a licensed associate broker, Magnani began his career as an investment broker with The Windsor Group, where he gained expertise in the commercial and industrial sectors of New York City and Long Island.

Since joining Daniel Gale in 2009, he has helped to expand the company’s Commercial Division and also facilitate training modules for new agents.

Magnani’s notable transactions include the conversion of a 50,000 s/f Brooklyn warehouse into a New York City school. He currently works on long-term land leases in Suffolk County and has contracts on industrial properties in Brooklyn, Nassau and Suffolk.

Magnani received a BA in Religious Studies and Philosophy from Queens College, where he was a member of the Pi Lambda Phi fraternity.
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Colliers International has announced the promotion of Eric Ferriello to Senior Managing Director, Brokerage Services. Previously he was a Managing Director.

Since joining Colliers in 2008, Ferriello has represented tenants in every stage of operation, from start-ups to some of the world’s largest publicly traded media and technology firms.

He currently focuses on tenant representation for TAMI companies.
Throughout his career, Ferriello has represented tenants in more than 1.5 million square feet of real estate transactions, working in close partnership with Vice Chairman, Bob Tunis. In 2015, they worked together on Facebook’s 80,000 s/f expansion at 770 Broadway.

Most recently, Ferriello completed a 44,000 s/f relocation/expansion for SoundCloud at 50 West 23rd Street. Other clients he has represented include Harry’s, Grovo, Smartling, MarketShare and Algomi, among others.

Prior to joining Colliers, Ferriello worked at Webster Financial Corporation, where he served as a commercial banking associate specializing in commercial real estate lending.

He graduated from the University of Connecticut with a B.A. in Economics, a minor in Business Administration, and participated in the University of Connecticut Program for Sales Excellence.

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NAI Mertz announced today that Vice Presidents, Rebecca Ting, SIOR, and Roy Kardon, SIOR, have been appointed to the 2015 slate of officers of the Society of Industrial and Office Realtors (SIOR) New Jersey Chapter. Ting will serve as President, and Kardon as Secretary.

With 3,000 members in more than 630 cities in 34 countries, the SIOR designation is a professional symbol of the highest level of knowledge, production and ethics in the real estate industry.
Many of NAI Mertz’s commercial real estate professionals have achieved the highly-coveted designation, and have further dedicated their time and knowledge serving on its board of officers.

Rebecca Ting has more that 25 years of corporate real estate experience and has been a member of SIOR since 1996. She is one of only three women in New Jersey to hold the SIOR designation.

As a landlord representative, Roy Kardon has maintained relationships that have lasted many years. He maintains 95 percent occupancy rates in the business parks he represents, including Cherry Hill Commerce Center, Village of Pine RunCommerce Center, and Hainesport Industrial Park.

He has been a member of SIOR since 2003.

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John G. Udell, president of Weichert Commercial Brokerage, Inc., announced that Fred C. Ehrhardt has joined as Senior Vice President.

He will be based out of the Weichert Commercial Edison location.
Ehrhardt has worked creating opportunities in the leasing, consulting, investment, pad & out parcels, land development and sale of retail commercial property, and tenant representation since 1973,.

He has been responsible for the management, leasing, and project construction of a commercial real estate portfolio of 1.5 million square feet located in Monmouth and Ocean Counties.

He has also managed all facets of commercial mix-use real estate consisting of two million square feet.

Additionally, Ehrhardt has directed 550,000 s/f leasing and project expansion including mix-use planning of upscale Springfield Square.

He has his Master of Science Degree in Business Administration and Bachelor of Science Degree in Business Administration

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Greystone announced that Jim Cooper has joined as Managing Director for Healthcare Finance.

Based in New York, Cooper will report to Mordecai Rosenberg, head of Greystone’s FHA lending group.

In his new role, he will focus on growing Greystone’s healthcare finance business through FHA, tax-exempt bond, and other structured finance executions.

Cooper brings more than 18 years of healthcare and senior living financing experience. He has closed more than $3 billion in tax-exempt and taxable financing deals utilizing a variety of credit structures. Prior to joining Greystone, he was a Managing Director at BB&T Capital Markets.

Before BB&T Capital Markets, Cooper was a Senior Vice President at AMS Health Care Mortgage Corporation, where he had national responsibility for originating and processing healthcare and long-term care FHA transactions. Prior to AMS, Cooper headed up the senior living investment banking group at J. P. Morgan and spent nine years at H. J. Sims as Senior Vice President.

Cooper received his bachelor’s degree from Washington and Lee University, and his master’s degree from Middlebury Institute of International Studies at Monterey.
•••
Levin Management announced a series of strategic staff promotions and new hires to support continued growth and expansion in 2016.

On the executive level, Joseph Lowry, formerly vice president of acquisitions and business development, has been promoted to senior vice president of leasing and acquisitions.

In his expanded role, Lowry – a 25-year industry veteran who joined the company in 2009 – will assume leadership of Levin’s leasing department while continuing to oversee the company’s new business development and acquisitions efforts.

Several changes were announced in the accounting and lease administration department as well.

Paul Tavaglione was promoted to the newly created position of deputy chief financial officer.

Tavaglione joined Levin in 2001 as controller, and in his new role will provide additional expertise and assistance to the accounting and lease administration departments.

He will continue to report to Tim DeCola, the firm’s chief financial officer.

The department also expanded with the addition of Jeff Sinacore as Levin’s new controller.

A financial services professional with more than 30 years of experience, Sinacore will be responsible for enhancing and maintaining Levin’s systems of internal quality control.

Joanne Grossman joined the team as lease administrator, bringing related experience from a former position with A&P.

Levin has also augmented its marketing staff. Sheri Bhirdo was promoted, from leasing department administrator
Bhirdo, who joined the team in 2015, will actively support Levin’s expanding marketing and business development activity.

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