James Whelan, formerly of J.P. Morgan Chase, has joined Bank OZK as managing director of originations in its real estate specialties group. With over seven years at J.P. Morgan focusing on affordable housing, Whelan brings experience from Bank of America and Anglo Irish Bank.
ShopOne Centers REIT Inc. announced leadership changes with John Roche transitioning to Chairman while Chris Reed steps up as CEO and Mike Makinen is promoted to President. Roche led the company since 2019 and facilitated strategic growth through joint ventures while Reed brings extensive retail real estate experience to capitalize on industry trends alongside Makinen who will focus on operational excellence and portfolio growth.
Skanska appointed Jamalh Greene as regional supplier diversity manager for North Carolina and Virginia effective June 10th.Greene will lead outreach efforts to engage diverse stakeholders, enhance community relations,and advocate for policy changes.With previous experience at Monteith Constructionand NC Departmentof Administration,Greene brings expertise in supporting minority-owned businessesand fostering inclusive partnerships.
Delancey Street Associates,in collaboration with Blueground,introduces flexible,furnished apartmentsat Essex Crossing startingwith The Artisanon180 Broome Street.Essex Crossing features cultural,recreational,and healthcare amenities suchas NYU Langone Healthand Essex Marketto provide residents a convenient lifestylein one location.
Avdoo & Partners Development received approvalfrom New York City’s Departmentof Buildingsfor their residential projectat110 Boerum Placein Cobble Hill.Constructionis scheduledto begin early fall.The six-story buildingdesigned by Brent Buck Architectswill offer21 condominiumsandamenitiesfor residents’ enjoyment.
Witkoff andaApollo Commercial Real Estate Finance have topped out The Brook,a luxury rental property located at589 Fulton Streetin Downtown Brooklyn.Designed by Beyer Blinder Belleand Bonetti/Kozerski Architecture,the building stands601 feet tall upon completion in2025.It features591 rental residences,30,000 square feet of amenities including an outdoor pool,and 21,000 square feet of retail space.
Skyline Developersled by the Wilf Family,topped out18 West 55th Street,a new residential towerin Midtown.Designed by Morris Adjmi Architects,the25-story buildingwill feature97 luxury rental apartmentsand10,000squarefeetofamenitiesalongsideground-floorretail space.The developmentis scheduled for completion in2025.
The Hakimian Organizationlaunched Eight West,a new affiliate focusing on rentals.Ledby RexHakimian and partners,EightWest aims to provide exemplary service and uncompromising design with amenities such as music roomsand drone landing stations.Their inaugural project,SOLAin Woodside Queensoffers364 units with high-end finishes and extensive amenities setting a new standard in residential living.
JLL has been appointedby Hartz Mountain Industriesas the exclusive leasing agentfortheTeterboro Logistics Centera515,421-square-foot industrial facilitylocated at1 Malcolm Ave.in Teterboro New Jersey.Situated in Meadowlands,the facility features40 ft. clear ceilings83 dock doors94 trailer stalls,and331 car parking spaces.
Marcus & Millichaparranged a $7.5 million saleofa two-tenant strip centerin Flemington,NJ.Locatedat289 US-202,the propertyfeaturesAspen Dentaland City MD Urgent Carepositioned near Chipotleand Chick-fil-A.Thetransactionwas led by Dean Zang,David Crotts ,Alan Cafiero,and Brent Hyldahl.
