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Deals & Dealmakers

WHO’S NEWS:HR&A Advisors announces Eric Rothman as new CEO

JLL has announced Caroline Gadaleta will lead the firm’s property management business in the New York Tri-State region. Based in New York City, Gadaleta will oversee strategy and operations of the firm’s 13.5 million s/f portfolio in the region. She will report to JLL New York City and Tri-State Market Director Stephen Schlegel.Gadaleta replaces Managing Director Linda Aronson, who will be retiring after spending 37 years at JLL.

Gadaleta previously served as a JLL global account director where she oversaw 160 professionals and an integrated facilities management portfolio of 2.5 million s/f throughout of the Americas, EMEA and Asia-Pacific. She previously led accounts for Diageo and Avon and oversaw the Midtown portfolio of a leading bank.

Prior to joining JLL, Gadaleta spent time at LaSalle Partners and Primedia Inc. Gadaleta graduated with a Bachelor of Arts in Government from Wesleyan University and a Master of Business Administration in Finance/Real Estate from Columbia Business School.

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HR&A Advisors, a consulting firm, announced that current firm president Eric Rothman has become chief executive officer on January 1. John Alschuler, who founded the firm and has served as chairman, will remain an active partner and chair of HR&A’s board of directors. HR&A’s Vice Chairman Candace Damon will remain an active Partner and lead the HR&A Board’s oversight of business strategy.

Rothman joined HR&A 22 years ago and brings decades of experience in providing economic development and public-private real estate development consulting, servicing governmental entities, and advising on transportation and public finance projects. He has led the firm’s efforts on the PlaNYC 2030 sustainability strategy for New York, supported major redevelopment efforts for the former Walter Reed Army Medical Center in Washington, D.C.; Union Depot in Saint Paul, Minnesota; and the district adjacent to 30th Street Station in Philadelphia.

Prior to joining HR&A, Rothman served as director of business planning for transport for London. He currently serves as board chair for the Design Trust for Public Space, vice chair of the Urban Land Institute’s national Public-Private Partnership Council, and Board Treasurer for KaBOOM!

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UMH Properties has welcomed James O. Lykins as a vice president of capital markets, effective January 15.

Previously, Lykins was an analyst at D.A. Davidson & Co. from 2015-2019 where he covered the REIT sector. Prior to that beginning in 2014, he was the acquisitions manager at Whitestone REIT. He was at Hilliard Lyons from 2000-2014, including 12 years in Equity Research and two years in Investment Banking. Lykins graduated from the University of Kentucky with a B.B.A. in Finance and received his MBA from Bellarmine University.

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Ware Malcomb design firm has announced Tiffany English, principal of Ware Malcomb’s San Diego offices, will serve as president-elect of the Commercial Real Estate Women (CREW) Network for 2020 and President in 2021. In this global role, English will represent the membership of the business network dedicated to transforming the commercial real estate industry by advancing women globally. English was named to the post at the recent CREW Network Convention and Marketplace in Orlando, Florida.

English has been a member of the CREW Network since 2003 and most recently served on the Global Board of Directors. She has also served as a member of the Education Committee (2017), Industry Research Committee (2015), UCREW Committee (2013, 2014), and as president of the San Diego Chapter (2012, 2013).

English has more than 23 years of industry experience in commercial real estate design. She has overseen, designed and managed over five million s/f of projects for commercial real estate and Fortune 500 clients, ranging from small tenant improvements to large full-service build-to-suit projects. She is also experienced in national account management.

Throughout her career, English has won a variety of industry awards. In addition, she has authored numerous industry articles published in trade and business journals.

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Helmsley Spear has announced that David Balk has joined the firm where he now serves as a licensed real estate agent. Balk will focus on representing landlords and tenants in the leasing and sales of top-tier commercial properties.

Throughout his career, Balk has specialized in representing clients with unique needs such as those in the creative fields of fashion, food and the arts. In addition, he is dually licensed with Halstead Property where he represents residential landlords and developers for new residential development sales and leasing throughout Brooklyn.

He began his career at Douglas Elliman.

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Herrick, Feinstein law firm has announced the elevation of Christopher Carty, Leah Kelman, Jared Newman, Brendan Schmitt, and Steven Smith to partner, effective January 1.

Christopher Carty, a partner in the Finance Litigation & Restructuring Group, focuses his practice on complex financial litigation, with a concentration in corporate financial restructuring litigation. His practice frequently involves complex litigation, involving valuation disputes, litigation related to capital markets, lender/creditor litigation, capital structure disputes, M&A litigation, disputes among LLC members, exchange offer litigation, and fraudulent transfer litigation.

Leah Kelman, a partner in the Litigation Department, concentrates her practice on complex commercial litigation, including class action defense, title insurance, and professional responsibility, ethics and risk management. Kelman also advises the firm on a range of matters including ethics compliance, litigation, risk management and insurance issues. She is a member of the firm’s Risk Management Committee and serves on the firm’s Electronic Discovery Committee.

Jared Newman, a partner in the Litigation Department, focuses his practice on complex commercial litigation, with a specific concentration in real estate and construction litigation. Newman has substantial experience representing owners, developers, contractors, and hospitality clients in a broad range of matters, including disputes concerning commercial leases, construction management agreements, condominium development, mechanic’s liens, purchase and sale agreements, and license and access agreements.

Brendan Schmitt, a partner in the Real Estate Department, practices in all facets of real estate law with a focus on real estate development and construction law, representing owners, developers and lenders in contract drafting, negotiation and review, general counseling and development advisory services. Brendan works with property owners and developers through all phases of the building process, beginning prior to acquisition through project completion, advising clients on a diverse range of matters, including construction contracts, risk management and neighboring property construction license agreements.

Steven Smith, a partner in the Finance Litigation & Restructuring Group, focuses his practice on complex corporate restructuring, liquidations and bankruptcy litigation, including in-court Chapter 11 and Chapter 15 cases and out-of-court workouts. He has extensive experience representing distressed debt investors, bondholders, official and ad-hoc creditor committees, administrative and collateral agents, indenture trustees, stalking horse and other asset purchasers, trade and tort claimants and other significant parties-in-interest in a variety of jurisdictions across the United States.

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Gebroe-Hammer Associates has named Joseph Gehler, a member of the multi-family investment brokerage firm’s South Jersey/Greater Philadelphia Metro market team, its Salesperson of the Year.

Named in memory of the firm’s late founders, Mel Gebroe and Morris Hammer, the annual peer-selected Salesperson of the Year award recognizes one brokerage professional for exceptional, consistent sales performance. Gehler is a first-time honoree within the firm and was named an Under-30 commercial real estate standout in 2018.

As a member of the Greater Philadelphia Metro brokerage team, Gehler works with a diverse roster of property owners seeking to sell their assets and buyers who want to gain entry into the market or expand their holdings. Since joining Gebroe-Hammer, he has collaborated on and/or spearheaded more than 20 deals totaling 1,812 units sold for a combined $238.64 million.

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The Hudson Companies has announced that Jorge L. Jorge will become president of Lisa Management, Hudson’s property management affiliate. Jorge previously served as Lisa’s director of leasing and sales.

Jorge joined Lisa Management in 2011, starting with the company as director of leasing and sales, becoming vice president of marketing in 2018, where he managed the ongoing leasing of market rate, affordable and middle-income apartments in multifamily developments. In February, Jorge took over as the interim president of the company. He has a bachelor’s degree in finance and a master’s degree in accounting from St. John’s University. Jorge was a fellow in the Coro Foundation’s Leadership New York program.

Under Jorge’s leadership, Lisa Management is entering the affordable leasing industry, starting with 350 Clarkson Avenue. The project is an eight-story mixed-use building with 250 units of market-rate housing.

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Title Alliance, Ltd, the management company of a network of title insurance and escrow agencies, has appointed Joe Rose as its new chairman.

As head of the board of directors at Title Alliance, Rose will focus on setting long-term goals and implementing strategic moves to maximize profitability and protect investor interests.

Rose has worked in a number of IT business startups, most recently as president and co-founder of Turnberry Solutions, Inc., which he started in 2000. Rose is also a two-time recipient of the SmartCEO Future 50 Award.

Rose replaces Bill Cotter, who served as chairman of the board since 2007.

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Zetlin & De Chiara LLP Associate Max Rayetsky has been named to the Advisory Board of the Mattone Family Institute for Real Estate Law at his alma mater, St. John’s University School of Law. He was also selected as an inaugural member of its Emerging Leaders Committee.

Rayetsky represents real estate owners, developers, design professionals, contractors and other members of the construction industry in litigation and transactional matters. In his practice, he prosecutes and defends mechanic’s lien claims, extra work and contract balance claims, delay and consequential damages claims, wrongful termination and termination for convenience claims, as well as other types of cases arising in a construction dispute. Rayetsky also negotiates and drafts construction agreements, design agreements, consultant agreements, and license agreements.

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Karen Kemp has been appointed executive managing director at MHP Real Estate Services.

With over 20 years of experience in real estate, Kemp is a proven industry veteran with a reputation of excellence among clients and colleagues.

Formerly a commercial sales and leasing agent with Corcoran, her areas of expertise cover all real estate sectors, including multifamily, office, retail, industrial and other special asset classes such as hotel and development parcels. She specializes in the New York City real estate market but has transacted nationwide. As both a broker and an advisor who has managed mid-size portfolios for her investors.

Kemp received her BA degree at Michigan State University in Corporate Psychology with an emphasis in international studies. Karen is a licensed Associate Broker and member of the Real Estate Board of New York.

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MHP Real Estate Services has announced the appointment of Lauren Weiner as executive managing director and Fernando Murillo as an executive managing director.

Fernando Murillo has over 30 years of experience in corporate real estate across multiple service platforms including Tenant Representation, Portfolio Solutions, Location Strategy, and Agency Leasing. He has built relationships spanning over 20 years with occupiers ranging from foreign governments to real estate developers.

Murillo has represented many notable clients in lease transactions in the greater New York City area such as Xerox, Fiat Chrysler Automobile, Alorica and Humana.

He began his real estate career at Edward S. Gordon and prior to joining MHP, he served as a senior vice president at Cushman & Wakefield, Inc. for 20 years.

Murillo graduated from NYU Stern School of Business with an MBA in accounting and from Syracuse University, Whitman School of Management with a Bachelor of Science in finance and information systems. He serves as the vice chair of the New York Chapter of International Association of Outsourcing Professionals, (“IAOP”) and a board member of the Kiwanis Club of Weston, CT.

With over 15 years of experience in real estate, Lauren Weiner is not only a broker; she is an advisor who provides portfolio management for owners.

She has extensive experience providing residential and commercial owners with transaction management and strategic marketing services and utilizes her leasing background to provide tenant and landlord representation.

Prior to joining MHP, Weiner was founder and managing principal at Atlas Real Estate New York and served in senior positions with companies including Siderow Residential Group, CBRE and Douglas Elliman

She earned her Masters in Real Estate from NYU in 2008 and worked as an individual licensed agent while in school and until she licensed Atlas Real Estate New York in 2012. She received her undergraduate degree from American University.

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