June – Briefs/People

Gregory Miller Assumes Top Spot at Henry S. Miller; Monmouth Appoints Landy as President & CEO; LaSalle Investment Management Names Americas CEO; EQR Appoints Santee as COO; Arce Joins Cassidy Turley as Senior Managing Director; Greystone Hires Lanigan as EVP; C&W Promotes Carey to Managing Director.

Gregory Miller Assumes Top Spot at Henry S. Miller

Gregory Miller

Gregory Miller has been named the new president & CEO of Henry S. Miller Cos. The announcement follows the passing of Miller’s father and former CEO Vance Miller. Greg has been with the family company for more than 10 years. Prior to joining it, Miller practiced real estate law for eight years at Geary, Porter and Donovan P.C. His industry experience includes the acquisition, financing, development, leasing and disposition of millions of square feet of commercial real estate.

As former president of Miller Realty Investment Partners and HSM Equity Partners, Miller supervised the acquisition and structuring of commercial real estate transactions including office, multi-family, retail, hotel and industrial properties throughout the Dallas-Fort Worth area, greater Texas and the United States.

Monmouth Appoints Landy as President & CEO

Michael Landy has been named president & CEO of Monmouth Real Estate Investment Corp. He succeeds his father, Eugene Landy, the company founder and its president & CEO since 1968. Michael will continue to serve as chairman of the company’s executive committee and a member of the board of directors. He has been with Monmouth since 2001, and has served on its board since 2007. In 2010, he was named chairman of the executive committee, becoming COO in 2011.

LaSalle Investment Management Names Americas CEO

Jason Kern has been named the new CEO of LaSalle Investment Management, Americas. He will formally join LaSalle on July 1, and will be based in its Chicago office. Kern joins LaSalle from the Hong Kong and Shanghai Banking Corp. (HSBC), where he was a managing director & head of HSBC’s Asia-Pacific real estate & lodging advisory group. Kern founded the real estate & lodging advisory group in 2009, and has built it into one of the leading real estate investment banking franchises in Asia. Over the past three years, Kern and his team advised on high-profile IPOs, equity and bond issues, private equity raises, asset acquisitions, and sales in the Asian property sector with a total transaction volume exceeding $50 billion. Prior to HSBC, Kern spent 17 years at J.P. Morgan & Co., principally in senior roles within the real estate investment banking team.


EQR Appoints Santee as COO

Equity Residential has named David Santee as its COO. The role will have him leading both the company’s operations and management organizations. Santee has been the multi-family REIT’s executive vice president of operations since 2006. He joined the firm in 1994 and has served in a variety of roles in the property management organization, including having had the responsibility for the operations of more than 70,000 units. Equity Residential’s current portfolio comprises 416 properties consisting of 118,788 units.

Arce Joins Cassidy Turley as Senior Managing Director

James Arce has joined Cassidy Turley as senior managing director of its Western region. He will lead property management efforts in Northern California, Los Angeles, San Diego and Arizona. Arce spent 12 years at Cushman & Wakefield Inc.—from 2002 to April 2012—working with property management clients such as AEGON, CW Capital, MetLife, Prudential and J.P. Morgan & Co. His facilities management and corporate services clients included Sun Microsystems, Symantec, eBay, CitiGroup and Pacific Gas & Electric. Arce most recently served as executive managing director of client solutions at Cushman & Wakefield Inc. In April 2012, he left the firm to take a sabbatical, and taught commercial real estate financial management at San Francisco State University.

Greystone Hires Lanigan as EVP

Multi-family and healthcare mortgage lender Greystone has hired Marty Lanigan as executive vice president. He is tasked with overseeing Greystone’s portfolio lending group and will report to co-COO Robert Barolak. The portfolio lending group was established in 2005 to provide borrowers with short-term financing during acquisition, stabilization, rehabilitation and repositioning initiatives. Prior to joining Greystone, Lanigan worked at Meridian Capital and as an independent consultant. Earlier, he founded and led Mezz Cap, a mezzanine lending firm. Lanigan has also held positions with Freddie Mac, GMAC and Prudential over the course of his career.

C&W Promotes Carey to Managing Director

Thirty-year industry veteran Eileen Carey has been named managing director of corporate occupier and investor services in Cushman & Wakefield Inc.’s East Rutherford, N.J., office. She currently leads a 20 million-square-foot Fortune 500 management portfolio in New Jersey and Connecticut. Carey joined Cushman & Wakefield Inc. in 1997, and has since been promoted four times. Last year, she spearheaded two initiatives that significantly grew her group’s volume. First, Carey headed the launch of a new mobile engineering and maintenance services platform in New Jersey. She also supported the aggressive growth of her office’s project management team, which expanded its role in supporting the company’s brokerage and property management professionals. During 2012, the project management group completed $600,000 in tenant space build-outs, doubling its 2011 total.