- Nov 25, 2013
JLL’s Martin Named New CEO of HCP
Dubbed as the highest-ranking female in commercial real estate services, Lauralee Martin did not hold her CEO of the Americas post at Jones Lang LaSalle Inc. for long. HCP, the largest U.S. healthcare REIT, tapped Martin as its president & CEO 10 months after she began leading the service provider’s Americas division. She replaces James Flaherty, who was terminated as chairman, president & CEO but will remain on the board of directors, according to HCP.
Martin was promoted to the position of CEO of JLL’s Americas division in January after 11 years with the company. Prior to that, she had served as CFO and COO of the company. Martin has been on HCP’s board of directors for five years. HCP is also a JLL client.
Leitner Tapped as President of Berkshire
Berkshire has picked Chuck Leitner to serve as president of the property investment, management and development firm. The position was newly created at the 44-year-old company. Leitner is a big fish. Before joining Berkshire, he served for three years as CEO of the Greenprint Center for Building Performance, a global alliance he founded and the Urban Land Institute later acquired, consisting of leading real estate industry players devoted to reducing building carbon emissions. However, he is perhaps best known for his role as global head of RREEF, now operating under the umbrella of Deutsche Asset & Wealth Management. He spent 24 years there and played a significant role in developing the firm into a top real estate investment advisor, with an $80 billion asset management portfolio.
Greysteel Appoints McClure to Lead Capital Markets
Jeff McClure has been named managing principal of Greysteel Capital Markets, a newly launched real estate investment banking and finance affiliate of The Greysteel Co., a Washington, D.C., investment services firm. McClure has completed more than $25 billion in real estate finance transactions that include 144a and REIT financings, public and private debt, as well as equity placements. Prior to co-founding Greysteel Capital Markets, McClure was the managing principal of The Bear Cos. He has also held management positions at RER financial, Freddie Mac and the FDIC.
Rosemont Realty Names Henry CIO
Sante Fe-based Rosemont Realty L.L.C. has named industry veteran Don Henry as the firm’s chief investment officer. Henry joins Rosemont from Wells Real Estate Funds and will work to expand the investment company’s 18 million-square-foot commercial office portfolio. In addition to his focus on acquisitions and fundraising, Henry will oversee regional asset management teams in the Eastern U.S. and in Albuquerque. While at Wells, Henry oversaw the acquisition of $3.3 billion worth of Class A office buildings across 23 markets.
ARCP Appoints Beeson COO
Rapidly growing American Realty Capital Partners has appointed Lisa Beeson as its COO. She joins the net lease leader from Barclays, taking over for Brian Jones, who will continue to serve as part of the executive leadership team in the American Realty Capital family of companies. Beeson held the positions of managing director & head of global real estate M&A at Barclays, and previously occupied that same position at Lehman Brothers. During her 25 years in investment banking, Beeson has worked on transactions with an aggregate value exceeding $400 billion, including in excess of $150 billion in the lodging, gaming and various real estate sectors.
WinnCompanies Welcomes Hunt as CFO
Development and property management firm WinnCompanies has hired Bryan Hunt as CFO for WinnResidential, the company’s property management arm. Hunt joins the firm from Essex Property Trust Inc., where he served as chief accounting officer for eight years. In his new role, he will be responsible for the company’s accounting, technology, purchasing, asset and risk management, business systems and finance-related functions. WinnCompanies currently has a portfolio exceeding 90,000 units across 23 states.
Gale Joins Mack Real Estate Group
Saying it was a job he couldn’t pass up, commercial real estate veteran Barden Gale has joined Mack Real Estate Group as vice chairman & member of its investment committee as the firm expands its senior team to handle increased activity in the U.S. and abroad. Gale, who will work out of MREG’s New York office, was most recently CEO of JER Partners in McLean, Va. He joined JER from Starwood Capital Group, where he served as vice chairman of real estate. MREG is a real estate investment and management firm founded earlier this year by William, Richard and Stephen Mack.
Walton Announces Laak as CFO for North America
The Walton Group of Cos., a Canadian real estate group with U.S. headquarters in Scottsdale, Ariz., has appointed Robert Laak as CFO for Walton Development and Management. He joins Walton after serving as a corporate vice president at Meritage Homes Corp., a national, publicly traded homebuilder. In his new role, Laak will oversee corporate finance for Walton Development and Management’s six regions throughout North America. The firm currently has 78,000 acres of land under management and 14 master-planned projects underway in North American growth corridors.