LOS ANGELES — Northmarq has hired Joel Cukier as senior vice president to the company’s commercial investment sales team in Los Angeles. Cukier began his career in luxury high-rise management and development in New York. Most recently, he spent seven years working with a national firm focused on corporate real estate advisory. Cukier is joined by Noah Kenoyer, who joins the team as an associate. The commercial investment sales team will focus on net lease real estate and corporate sale leaseback advisory.
INDIANAPOLIS — Milhaus, an Indianapolis-based national multifamily developer, has selected Andrejs Kancs to the newly created position of vice president of financial and asset management. In this role, Kancs will monitor project performance on behalf of investors and lenders, initiate measures to rectify concerns and analyze market and project data to prevent underperformance. Kancs most recently served as a director with Scannell Properties. Prior to this, he worked at Milhaus from 2017 to 2022, where he rose to the position of director of finance. Kancs earned his bachelor’s degree in …
CHICAGO — JLL Property Management has hired Lewis Taulbee as a managing director of asset resolutions. In this role, Taulbee will lead JLL’s Chicago-based receivership team in providing special servicers, lenders, bond holders, investors and others with a channel of interdisciplinary asset resolutions. He previously served as JLL’s director of business development for two years. Prior to joining JLL, he held positions with Starwood Capital, CompassRock Real Estate and Simon Property Group. He is a currently standing member of Innovative Commerce Serving Communities, Commercial Real Estate Finance Council and Building …
HOUSTON — JLL Capital Markets has hired Jim Humphries as a director to the firm’s single-family rental (SFR) team. In this role, Humphries will focus on SFR and build-to-rent (BTR) investment sales nationally. He will work out of JLL’s Houston office alongside the current SFR team lead, Managing Director Matthew Putterman. Humphries previously served as a senior vice president with Colliers and worked with HFF as part of the Houston multi-housing investment sales team.
DALLAS — Ashland Greene Capital, a multifamily real estate investment firm headquartered in Dallas-Fort Worth, has appointed two new executives to its management team. Peter Hales has joined the board as chief financial officer. Hales will be responsible for overseeing all financial operations at Ashland Greene, including asset management, accounting, finance and acquisitions. Jesse Rosenstock has secured the position of vice president of finance and accounting. In this role, Rosenstock will lead Ashland Greene’s accounting department and contribute to the development of the firm’s finance department.
CHICAGO — Evergreen Real Estate Group has added Jewell Walton to the newly created position of vice president of public partnerships. In this role, Walton will focus on diversifying the firm’s affordable housing portfolio by partnering with public housing agencies to convert assistance for existing public housing communities to long-term, project-based Section 8 contracts under the Rental Assistance Demonstration (RAD) program. Prior to joining Evergreen Real Estate Group, Walton served as deputy chief of RAD programming with the Chicago Housing Authority and as a project manager for S.B. Friedman & …
MORRISTOWN, N.J. — JLL Capital Markets has promoted Elizabeth DeVesty to the role of director with the company’s New Jersey investment sales team. DeVesty will be based in Morristown and will primarily focus on multifamily investment sales transactions within the suburban tristate area. She will report to Senior Manging Directors Jose Cruz, Michael Oliver and Steve Simonelli. Prior to this role, DeVesty spent 13 years working with JLL and was most recently an associate at the firm. She earned her degree from Marist College in 2008.
Kristi Nootens, managing director and co-head at CP Capital US, a real estate manager specializing in multifamily investments, sat down with Multifamily Affordable Housing Business (MAHB) to discuss the role of women in the industry and how the market may develop as we progress into the second half of 2023. On Women in Real Estate MAHB: Tell us about yourself and your journey. Nootens: My journey to commercial real estate started in large part because both of my parents worked in the industry. My dad was a mechanical engineer who spent a lot …
LONG ISLAND, N.Y. — Northmarq has selected Bob Bernard as senior vice president of debt and equity. In this role, Bernard will be responsible for arranging debt and equity commercial real estate financing through Northmarq’s varied lending sources. He will be based in the company’s Long Island office. Prior to joining Northmarq, Bernard managed commercial real estate lending teams at ConnectOne Bank, Webster Bank, North Fork Bank, Capital One Bank and Flagstar. He received a master’s degree in finance and a bachelor’s degree in marketing from St. John’s University in …
DENVER — Avanti Residential has selected Richard Bennion as Managing Director. In this role, Bennion will be responsible for strategic growth and institutional capital relationships. Bennion most recently worked at PEF Advisors, where he led the capital formation of a $100 million fund focused on affordable housing and was a member of the company’s senior leadership team and investment committee. Prior to joining PEF Advisors, he worked at Carmel Partners. Bennion received a Bachelor of Science in Manufacturing Engineering from Brigham Young University and an MBA from Harvard Business School.