April – Briefs/People
- Mar 27, 2013
Starwood Appoints Rohm President of SH Group
Starwood Capital Group has named C. Scott Rohm as president of SH Group, its hotel brand management company. The branch is currently overseeing the development and launch of two new luxury and lifestyle hotel and residence brands, Baccarat Hotels and 1 Hotels & Resorts. The initial five hotel openings—which include assets in New York, South Beach, Fla., and Morocco—are scheduled over the next 24 months.
Rohm brings nearly 30 years of hospitality experience to SH Group. He was most recently president of Turnberry Hotel Group. Rohm’s prior roles include senior vice president of operations for Carlton Hotel Co. and several positions within Hyatt Hotels & Resorts.
Rivers Named SVP, Managing Director of Lowe
Lowe Enterprises has named Mark Rivers senior vice president & managing director of the real estate group’s operations in Washington, D.C. He will oversee all commercial and multi-family activities in the capital area, including acquisitions, development, asset management and business development. Rivers joined Lowe Enterprises in 2004. He oversaw the $150 million restoration of the Washington Hilton Hotel, as well as the development of the $245 million CityVista project. Prior to joining Lowe, Rivers was COO of a national development management firm, serving as an account manager for major clients including Verizon, Fannie Mae, George Washington University, ExxonMobil, the American Red Cross and Northrop Grumman.
C&W Expands Mid-Atlantic Presence
Cushman & Wakefield Inc. has bolstered its presence in the busy I-81 corridor of Central Pennsylvania with the opening of a new office. The new digs, located at 4507 N. Front St. in Harrisburg, add to the global commercial real estate firm’s existing regional bases in Mid-Atlantic cities like Philadelphia, Washington, D.C., and Baltimore. The firm also has an office in Conshohocken, Pa. Clients to be served by the Harrisburg office include corporate users and institutional investors and landlords. It will also be a home base for the firm’s industrial brokerage team of Gerry Blinebury, Leah Balerno, Patrick McBride and Adam Campbell. The team currently represents more than 15 million square feet of property for sale and/or lease.
Davis Promoted to COO at UDR
Jerry Davis has been named COO at UDR Inc. He was promoted from the position of senior vice president of operations. Davis has been with the company for 21 years, and was most recently tasked with managing the portfolio during the worst economic downturn the company has faced. As of Dec. 31, 2012, UDR owned or had an ownership position in 54,195 units, including 3,066 apartments under development.
Blackstone Taps Barzegar for CEO of LogiCor
AMB Property Corp.’s loss is LogiCor’s gain. Mo Barzegar has just been hired to serve as president & CEO of LogiCor, the European logistics real estate arm of investment advisory firm Blackstone Group. Barzegar comes to the table well equipped to guide LogiCor. At AMB, he was at the helm of a group that orchestrated the acquisition and development of 15 million square feet of European logistics properties with an aggregate value of $1.8 billion. Barzegar also led the charge when AMB made its entrance into the U.K. in 2007.
HFF Adds Seven-Person Capital Markets Team to Denver Office
A seven-person capital markets team led by Mary Sullivan and John Jugl has joined Holliday Fenoglio Fowler L.P.’s Denver office. The team, formerly of Jones Lang LaSalle Inc., will focus on capital markets transactions in the office, industrial and retail sectors. Sullivan joins as a senior managing director with more than 30 years of industry experience. She has been involved in the sale of nearly 40 million square feet valued at more than $7.5 billion, and has held positions at CBRE Group Inc., Cushman & Wakefield Inc. and Trammell Crow Co. Jugl, who has both a real estate and an investment banking background, joins HFF as a senior managing director. He held positions at Liberty-Greenfield L.L.P. and George K. Baum & Co. prior to joining JLL.
Related Cos. Names Finkle President of Related Affordable
Related Cos. has named Matthew Finkle president of Related Affordable, a developer and buyer of affordable housing. Finkle joined Related in 2009 and has worked on the acquisition and preservation of more than 9,000 units of affordable housing comprising nearly $900 million in development costs. Related Affordable has acquired and preserved tens of thousands of affordable housing units and is expanding its operations nationwide.
Gilbert Named CEO at NorthStar Income
NorthStar Real Estate Income Trust Inc. has promoted Daniel Gilbert, the company’s president & chief investment officer, to the position of CEO. He was also appointed CEO of NorthStar Realty Asset Management L.L.C., a newly formed subsidiary of company sponsor NorthStar Realty Finance Corp. Gilbert has served as NorthStar Income’s chief investment officer since inception and as its president since March 2011. Prior to joining NorthStar in 2004, Gilbert spent 10 years in a number of positions with Merrill Lynch & Co.