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 …
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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.
CHARLOTTE, N.C. — NewPoint Real Estate Capital (NewPoint) has hired Mike Ortlip as senior managing director. In this role, Ortlip will provide financing solutions to commercial real estate owners on a national basis through NewPoint’s Agency, FHA/HUD, Proprietary and third-party loan programs. Ortlip is a member of NMHC, the Mortgage Bankers Association, ICSC and ULI. He will be headquartered in Charlotte. Prior to joining NewPoint, Ortlip most recently served as senior vice president at Grandbridge Real Estate Capital.
LOS ANGELES — Blake Rogers and Alex Caniglia have re-joined JLL Capital Markets as multifamily investment sales producers. Rogers will serve as a senior managing director in the Los Angeles office and lead the greater Southern California multifamily team. He will also join the National Multifamily Housing Council. Caniglia will join as a Managing Director in the San Diego office. Both Rogers and Caniglia spent the last three years with Walker & Dunlop, focusing on multifamily investment sales throughout Southern California. Prior to those roles, they both worked at JLL …
IRVINE, CALIF. — Michael Wesson has rejoined Pearlmark as a managing director. In this role, Wesson will focus on debt investment originations. He also opened Pearlmark’s office in Irvine. Wesson joins Pearlmark from CIBC, where he held numerous roles across nine years in New York and Newport Beach. Prior to working at CIBC, Mr. Wesson served as a vice president at Rockwood Real Estate Advisors. He is returning to Pearlmark, where he started as an analyst and rose to vice president prior to joining Rockwood. He received a Bachelor of …
SAN RAFAEL, CALIF. — EAH Housing has added Katherine Fleming as Senior Vice President of Portfolio and Karim Sultan as Vice President of Operations and Corporate Governance to its executive leadership team. Fleming will oversee EAH Housing’s asset management and compliance departments, as well as manage the firm’s portfolio. Prior to joining EAH Housing, she served as an asset management executive at BRIDGE Housing, RBC Capital Markets and Resources for Community Development. Sultan previously served as chief operating officer at East Bay Asian Local Development Corporation, where he was responsible …
FORT WASHINGTON, PENN. — John McCullough has been promoted to the role of president at Toll Brothers Apartment Living, the multifamily division of Fort Washington-based Toll Brothers, Inc. In this role, McCullough will be responsible for leading all acquisitions, development, branding, marketing and operations across the company’s U.S. portfolio. He previously served as senior vice president and managing director at Toll Brothers Apartment Living from its inception in 2012. Prior to joining Toll Brothers, he worked for Tishman Speyer Properties. McCullough received a Bachelor of Science in Economics from the …
WELLINGTON, FLA. — Gail Ruggles has joined The Bainbridge Cos., a Wellington-based developer and manager, as executive vice president of operations. In this role, Ruggles will oversee the firm’s owned and managed assets, as well as the financial performance at each community. Ruggles previously served as senior vice president of operations at RADCO Residential and Steadfast Living. She also spent 23 years at Gables Residential, where she was responsible for its third-party operations. Ruggles attended Ball State University in Muncie, Indiana.
LOS ANGELES — BH Properties has begun an investment initiation into affordable housing with the goal of building a $1 billion portfolio of assets. The new platform will focus on low-income housing tax credit, Section 8 and age-restricted housing throughout the United States. The initiative will be led by William Stoll, who BH Properties hired as a managing director. Prior to joining BH Properties, Stoll worked at Steadfast Companies for 14 years. He joined the firm in 2009 as the manager of a Southern California portfolio of 10 LIHTC properties …
ATLANTA — BWE, a national commercial and multifamily banking company, has expanded its Atlanta office with the addition of Alan Tapie, Thomas Wiedeman and Brad Walker. Tapie will serve as Executive Vice President. Prior to joining BWE, he served as Office Manager and Senior Vice President in Grandbridge Real Estate Capital’s Atlanta office. He earned his bachelor’s degree in business administration from the University of Georgia and is a CCIM Designee. Wiedeman will serve as a Senior Vice President. Before joining BWE, Wiedeman was a Vice President at Grandbridge Real …