Real Estate Forum - October 2013

lion—a deal that was completed in 90 days. She’s credited with helping Key become the fourth largest Fannie Mae/ Freddie Mac servicer, and in 2012 her team’s revenues for financial plan were exceeded by 2012. Meanwhile, her prop-erty-level performance reviews conducted in 2012 assisted in a $1.3-million release of reserves for the bank Sullivan is currently a Freddie Mac Advisory council member and the Fannie Mae Chief Asset Manager Co-Chair. She is also a member of the Key Executive Women’s Networking Group, and in 2012 was a United Way committee chair at KeyBank.

ADAM TARANTUR, 30

Principal Podolsky|Circle CORFAC International Riverwoods, IL

At 30, Tarantur made
partner just eight
years into his com-
mercial real estate
career. To date, he has successfully
divested more than 3. 2 million square
feet of industrial, office, flex and retail
properties. He has also transacted
leases, representing both tenants and
ownership, including OREO and receiv-
ership properties for banks and lenders.
He’s a partner in CP Highlands Fund LP,
recently established to capitalize on the
current economy by generating above-
market risk-adjusted returns for inves-
tors via commercial property acquisi-
tion, tightly secured asset and
debtor-in-possession financing, and the
purchase of real estate-backed mortgage
notes in Chicago. The fund closed its
first acquisition in July and has addi-
tional properties under contract. His
not-for-profit work includes working
with the team that oversaw and com-
pleted the 5.5-year site selection, acquisi-
tion and redevelopment process on
behalf of Roycemore School in Evanston,
IL. Tarantur’s tenure in commercial real
estate spans the 2008 downturn, and he
notes that although the recession led to
industry attrition among his generation,
those who hung in there can claim expe-
reicne that couldn’t be taught.

ZACH WADE, 39

Principal MRP Realty Washington, DC

Wade has played a leading role in MRP’s office acquisitions (worth over $500 million) since joining the company seven years ago, and was the first person promoted to the role of principal by its founding partners. MRP has a current interest in 3. 9 million square feet of existing or under construction properties, 62% of which is office. Wade has been involved in the acquisition of 2. 4 million square feet of office property worth $922 million and has also negotiated tenant leases as well. He’s observed a push towards great efficiencies in terms of square feet per employee, and has seen tenants pay more in rent while taking less space. The “efficiency push” may not work for all workplaces, he notes, but in 2015 he expects office demand to return and curb quality options and increase rents as a result.