Company News

SJC Ventures Hires Brett Warner as CFO

by Lynn Peisner July 24, 2026

ATLANTA — SJC Ventures, an Atlanta-based mixed-use, grocery-anchored retail and multifamily development firm, has hired Brett Warner as chief financial officer. Warner joins the company from Related Ross in West Palm Beach, Florida, where, as vice president of finance, he led financial planning and performance management across a $5 billion portfolio of multifamily, retail, office and mixed-use assets. Related Ross spun off from Related Cos. in July 2024. Founder Stephen Ross stepped down from day-to-day management to launch and chair the new venture, which primarily took over Related Cos.’ Southeast …

July 24, 2026

Company News Development Finance News Northeast Operations

JLL Arranges $617M in Financing for Grubb Properties

by Lynn Peisner July 23, 2026

NEW YORK CITY AND CHARLOTTE, N.C. — JLL has arranged $617 million in financing for Charlotte, North Carolina-based Grubb Properties, supporting the formation of a new real estate investment trust and the completion of a 64-story apartment tower in Manhattan’s Financial District. JLL’s mergers and acquisitions and corporate advisory group first advised on the merger of several legacy Grubb Properties funds and their rebranding as Link Apartments REIT. The approximately $1.9 billion Grubb Properties-managed REIT has a portfolio of 45 properties, including more than 5,600 multifamily units. In conjunction with …

July 23, 2026

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Cullinan Properties Hires Dan Jutzi as Vice President of Development, Construction

by Lynn Peisner July 21, 2026

EAST PEORIA, ILL. — Cullinan Properties has hired Dan Jutzi as executive vice president of development and construction. In his new role, Jutzi will provide strategic leadership for Cullinan Properties’ development and construction department, oversee third-party construction resources and direct all construction activities across the company’s existing portfolio as well as current and future development projects. Most recently, Jutzi served as senior director of construction management at Transformco Properties, where he was responsible for all phases of construction and development projects, including design, budgeting, scheduling, execution, financial performance, forecasting and …

July 21, 2026

Company News Georgia News People News Southeast

ECI Group Hires Thomas Rowe as CFO

by Lynn Peisner July 16, 2026

ATLANTA — ECI Group, an Atlanta-based development, management and investment firm, has hired Thomas Rowe as chief financial officer (CFO). He replaces Ben Engel, who held the position for the past 10 years. Rowe joins ECI after serving for more than a decade as chief financial officer at SJC Ventures, an Atlanta-based company specializing in the development of Whole Foods Market-anchored projects. At SJC, he directed financial strategies for approximately $1.4 billion in ground-up development spanning about 3.1 million square feet of retail, multifamily and mixed-use developments. Prior to SJC …

July 16, 2026

Company News News Operations People News Texas

Marti Burrows Appointed COO of Asset Living

by Lynn Peisner July 15, 2026

HOUSTON — Asset Living has appointed Marti Burrows to chief operating officer to oversee operations across Asset Living’s national portfolio. Asset is ranked second on The National Multifamily Housing Council’s Top 50 Managers list. The Houston-based company manages approximately 450,000 units nationally. Prior to joining Asset Living, Burrows served as managing director and head of asset management for housing and alternatives at Nuveen Real Estate. She previously held executive leadership roles at Greystar, where she helped expand the firm’s owned asset platform and launched its build-to-rent single-family rental platform. Burrows …

July 15, 2026

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Quarterra Hires Jordan Calaguire as Chief Investment Officer

by Lynn Peisner June 26, 2026

CHARLOTTE, N.C. — Multifamily investment and development firm Quarterra has hired Jordan Calaguire as chief investment officer. Calaguire will lead Quarterra’s overall investment strategy, capital formation and allocation activities, investor relations and portfolio performance. Prior to joining Quarterra, Calaguire worked as chief investment and development officer at Kasa Inc., a New York based hospitality company. He also was previously a principal at Walton Street Capital, a private equity real estate investment firm based in Chicago.

June 26, 2026

Company News Finance News People News

CFG Bank Launches CFG Mortgage Partners, Appoints Dan Sacks to Lead New Initiative

by Lynn Peisner June 22, 2026

BALTIMORE — CFG Bank, servicing the nationwide healthcare and multifamily financing industries as well as the Mid-Atlantic commercial banking market, has launched CFG Mortgage Partners, a group dedicated to customized multifamily debt products. CFG Mortgage Partners will focus on providing capital solutions to meet the needs of multifamily owners, developers and investors across the country. The new business will expand on CFG’s real estate and corporate banking options, including agency, HUD and Commercial Mortgage-Backed Securities (CMBS) lending services. CFG has appointed Dan Sacks managing partner of CFG Mortgage Partners. Based …

June 22, 2026

Company News Massachusetts New Jersey News Northeast Operations

RHO Residential Tapped to Manage Former Veris Residential Portfolio

by Lynn Peisner June 15, 2026

ROSELAND, N.J. — RHO Residential has been selected by the new ownership of Veris Residential to manage 15 properties in New Jersey and greater Boston. Veris Residential (NYSE: VRE) was taken private in an acquisition finalized in May. Craig Solomon of Affinius Capital in partnership with Vista Hill Partners, a real estate investment and development group headed by Bradford Klatt and Jonathan Kushner, bought the REIT for $3.5 billion. The assignment nearly doubles RHO Residential’s unit count to just under 12,000 apartments across 40 communities as well as approximately 182,000 …

June 15, 2026

Company News North Carolina People News

Crescent Communities Promotes Benjamin Collins to President of Multifamily

by Lynn Peisner June 2, 2026

CHARLOTTE, N.C. — Crescent Communities has promoted Benjamin Collins to president of multifamily. Collins succeeds Jay Curran, who previously served in the role and was named chairman and chief executive officer of the Charlotte-based investor, developer and operator in April. In his new position, Collins will lead the strategic direction, growth and performance of the company’s multifamily platform, which develops communities under the NOVEL brand. He will oversee development, investment and operations across Crescent Communities’ platform nationwide.

June 2, 2026

Company News News

Affinius Capital Completes $3.5B Acquisition of Veris Residential

by Lynn Peisner May 28, 2026

SAN ANTONIO AND JERSEY CITY, N.J. — An investor group led by Affinius Capital has completed its acquisition of Veris Residential (NYSE: VRE). The acquisition was announced earlier this year and is now complete. Veris, a San Antonio-based publicly traded REIT, was removed May 27 from the New York Stock Exchange. Affinius and its partners, including Vista Hill Partners, have acquired all outstanding shares of common stock of Veris in an all-cash transaction representing an enterprise value of approximately $3.5 billion. Veris shareholders will receive $19 for each share owned. …

May 28, 2026

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