CHICAGO — Bill Baumann has joined JLL Capital Markets as a Managing Director in the firm’s Chicago office. In this role, Baumann will focus on both apartment investment sales and financing deals in Chicago and the Midwest, representing owners and developers. He will report to Senior Managing Directors Danny Kaufman and Jaime Fink. Prior to joining JLL, Baumann served as as principal and managing broker of Monarch Realty Partners, a Chicago-based multi-housing brokerage firm he co-founded in 2016. He earned his bachelor’s degree from Yale University and his MBA from …
SEATTLE — Seth Heikkila has rejoined JLL Capital Markets’ multifamily team as a Senior Director in the Seattle office. In this role, Heikkila will focus on multifamily debt advisory. Heikkila previously worked at JLL from 2010 to 2019, where he served as Vice President of multifamily investment sales and Senior Vice President of Capital Markets. Most recently, he served as a first Vice President of Capital Markets at Institutional Property Advisors.
ST. LOUIS — Northmarq has promoted Dominic Martinez to the role of managing director in the St. Louis investment sales office. Since joining Northmarq, Martinez Dominic and the St. Louis/Chicago investment sales team have completed the sales of ~9,000 units totaling over $1 billion since 2021. In his new role, he will lead the St. Louis/Chicago team alongside Parker Stewart and Alex Malzone. Prior to joining Northmarq, Martinez served an associate director at Berkadia’s Kansas City office. Martinez received a Master of Accountancy from the University of Missouri.
DENVER — Kevin Wieland has joined Tower Capital as a Senior Vice President. In this role, Wieland will arrange debt and equity capital for investors to acquire, develop, reposition or refinance commercial projects in the Rocky Mountain Region and key West Coast markets. Wieland previously served more than 13 years at LaSalle Investment Management, where he was responsible for originating, sourcing, structuring, underwriting, and closing more than $1.3 billion in debt investments. He also held positions at Wells Fargo, CIM GROUP and Cushman Realty Corp. Wieland received a bachelor’s in …
PALO ALTO, CALIF. — Alta Housing has selected Stephanie Shipe as Vice President of Property Management. In this role, Shipe will manage over 1,000 units and a team of 35 professionals. Shipe previously served as the Director of Portfolio Management for the Housing Authority of the City of Alameda, California. Prior to this, she served as Director of Operations at MidPen Housing, a non-profit developer, owner and of affordable housing in California and was appointed to the City of Alameda Housing Authority’s Board of Commissioners. Shipe received a Bachelor of Science …
CLEVELAND, OHIO — Bellwether Enterprise Real Estate Capital (BWE) has selected DJ Effler as CEO. Effler has served as the company’s president since 2020, where he oversaw operations and numerous investor relationships at BWE’s Columbus, Ohio office. He previously held a position as an executive vice president. Prior to joining BWE, Effler was a life company lender at Nationwide and a private equity investor at Rockbridge Capital. Effler will officially become CEO on July 1. The current CEO, Ned Huffman, will remain as a special advisor to the company.
NEWPORT BEACH, CALIF. — Northmarq has hired Morgan Machado to its Newport Beach office as vice president-producer. In this role, Machado will arrange debt and equity on behalf of U.S. investors for multifamily and commercial real estate. Prior to joining the company, Machado was a commercial mortgage banker at Slatt Capital. He earned a Bachelor of Business Administration in finance from the University of San Diego.
NASHVILLE, TENN. — JLL Capital Markets has selected Senior Director Lee Harris to join its multifamily team in Nashville. In this role, Harris will work alongside Senior Managing Director Brian Dawson on agency debt, as well as providing capital stack solutions to multifamily, mixed-use and MHC clients. Prior to joining JLL, Harris served as a Director at Greystone. He also held positions at RED Capital Group and Lument. Harris earned his degree from the University of Southern California.
CHICAGO — Tributes highlighting the life and legacy of billionaire real estate investor Sam Zell, the charismatic founder and chairman of Chicago-based Equity Residential (NYSE: EQR) who died May 18 at the age of 81, have continued to pour in following his passing. “Sam Zell was one of the most influential individuals, not just in commercial real estate, but in American business writ large. He was a great friend and an advocate on behalf of the multifamily industry,” said former National Multifamily Housing Council Chair David Schwartz in a statement from …
FORT LAUDERDALE, FLA. — Greystone Housing Impact, an affiliate of Greystone and general partner of Greystone Housing Impact Investors (NYSE: GHI), has selected Jason Kaye as a managing director. In this role, Kaye will focus on originating and structuring tax-exempt loan and bond financing transactions for affordable multifamily and Low-Income Housing Tax Credit properties. Kaye will be based out of Fort Lauderdale and will report to Kenneth Rogozinski, CEO of Greystone Housing Impact Investors. Prior to joining Greystone Housing Impact, Kaye served as a senior vice president at Regions Bank …