Real Estate Forum - September 2011

PEOPLE ON THE

executive promotions and new appointments

BPG PROPERTIES/MADISON APARTMENT GROUP Dean Holmes has been named chief operating officer of BPG Properties’ Madison Apartment Group, the Philadelphia-based firm’s multifamily operating arm. Prior to that, Holmes was VP of property management for Realty Management Services Inc. in Bethesda, MD.

CB RICHARD ELLIS

Heading up the firm’s New York Tri-State Region as president is Matt Van Buren. Having joined CBRE five years ago, he was previously executive managing director in charge of the company’s Midtown Manhattan brokerage division, as well as the operations of its headquarters here.

Van Buren

COLLIERS INTERNATIONAL Ann Natunewicz has joined Colliers International as the national manager of retail research in Washington, DC. She pre-

viously served as director of research at Bloomfield Hills, MI-based Taubman Centers, where she conducted market studies and feasibility analyses. And in Sacramento, Steve Cippa returns to the firm as an industrial broker and senior vice president. He first joined the firm in

1999, and left in 2007 to run his own company as president.

Cippa

FRIED FRANK

Fried, Frank, Harris, Shriver & Jacobson LLP has added Fiona Kelly to its real estate practice as a corporate partner in its New York City office. Experienced in negotiating complex cross-border real estate transactions, Kelly will help grow the law firm’s offerings across its global real estate network. She joins the company from Clifford Chance LLP in London, where she was a partner.

Kelly

GROSVENOR AMERICAS Michael Beattie became the new chief investment officer for the San Francisco-based firm early this month. He will handle the newly combined investment and portfolio management teams in Grosvenor Americas’ four North American offices, including overseeing the acquisition, disposition and management of assets. He had been the firm’s chief portfolio officer since June 2009.

HFF INC.

The firm has brought on Matt Mitchell as a director in its multi-housing group in its Tampa, FL office. He will focus on institu-tional-grade multi-housing transactions throughout the southeastern United States. Prior to joining HFF, he was a transactions director at Institutional Property Advisors and JBM Group and an associate director in the Investment Services Group at Transwestern.

MCSHANE DEVELOPMENT CO.
Mark A. Saturno has joined the Rosemont,
IL-based development and investment firm
as chief operating officer. As such, he will
oversee the company’s operations, finances,
acquisition, leasing and
disposition activities,
including its regional
offices in Phoenix,
Austin, TX and Irvine,
CA. Most recently in
his 25-year career,
Saturno was Central
Region managing director for AMB
Property Corp.

NEW BOSTON FUND INC.

The Boston-based private equity real estate investment, development and management firm has shuffled around its executive ranks. As the new president, Tim Medlock will lead New Boston Fund’s day-to-day operations and help to execute its business plan and investment strategy across all funds. Medlock previously served as chief financial officer and chief operating officer. Working with Medlock will be Jim Kelleher, who will serve as chief investment officer and chairman of the investment committee. Additionally, senior managers Gary Hofstetter, head of the asset and property management division, will serve as the new Northeast regional director, and SVP of portfolio strategy Mike Doherty will now be chief financial officer.

STUDLEY

The tenant brokerage firm has elevated William Silverman to the post of senior managing director of its New York City-based Capital Transactions Group. He was previously corporate managing director within the group. Having joined the firm in 2003, Silverman has completed nearly $4 billion of sales totaling some 15 million square feet.

Silverman

UGL SERVICES

The new senior vice president of brokerage and client advisory services at UGL Services is Gerard Picco, who will be based in Manhattan. With 26 years of brokerage and national portfolio management experience, Picco most recently served as an SVP at CresaPartners.