Saks Global Operating Group has announced the appointment of Marc Metrick as CEO, and Ian Putnam as CEO of Saks Global Properties & Investments. Both will report to Richard Baker, executive chairman of Saks Global. These appointments come after the completion of Saks’ acquisition of Neiman Marcus Group.
Woodmont Properties is expanding its leadership team in line with its strategic growth initiative. Blaise Lucas has been appointed as VP of accounting and brings nearly 20 years experience in real estate accounting to his new role. He will oversee financial policies, provide direction for all accounting functions and ensure proper financial controls are in place at Woodmont. Prior to joining Woodmont, Lucas held roles at Vornado Realty Trust, Turner Construction and Deloitte before starting his own firm – Lucas Financial.
In addition to this appointment, Woodmont has also made several promotions within their company including Louis DeVos who is now Senior Vice President (SVP) for property and commercial asset management; Melanie Diaz who is now VP for business operations & system integration; Chris Camy promoted to VP marketing; John O’Donnell promoted director portfolio operations; Ty’ya Pettis named director strategic marketing & communications ;and Nicole Erbaio appointed director property systems compliance.
Kel Christensen joins KeyBank as Senior Vice President (SVP) responsible for developing relationships with middle market firms ($50 million-$2 billion sales range) across New York Tri-State area . With 10 years experience at Santander Bank under his belt , he began career with Brown Brothers Harriman before serving a further 12 years with Citibank .
Flatiron Realty Capital LLC have launched IronLinc , an integrated system solution specifically designed by CIO/CTO Christopher Wolpert’s dedicated engineering team exclusively catering towards real estate lending professionals . The proprietary software offers end-to-end solutions managing deal pipelines , underwriting Customer Relationship Management (CRM )operations .
Ladder Capital Corp have closed and upsized a revolving credit facility with commitments of $850 million . The “accordion” feature allows the company to further increase total borrowing availability up to $1.25 billion . This replaces Ladder’s prior $324-million revolving credit facility which had no balance drawn at time of closure . With a maturity date set for Dec 20,2028 , it also offers two optional 6-month extensions .
The Industrial and Office Real Estate Brokers Association (IOREBA) will be hosting a panel discussion on newly instituted flood regulations on Jan.13 at CSG Law Offices in Roseland , NJ from 8:00 am -10:00am sponsored by CSG Law. Panelists include Dennis Toft (CSG Law), Aaron Levine (LG Insurance) & Mark Vizzini(T&M Associates). Moderated by Jim McGuckin(Marcus Millichap), this event is free for IOREBA members while non-members can attend for just $25.
