Hotel Finance Veteran Stambules Joins Hunter Realty
Hunter Realty, Atlanta, hired hotel finance veteran Angelo Stambules as senior vice president, capital markets. Stambules will oversee the company's programs for sourcing and placing hotel real estate debt and equity. He will serve Hunter Realty’s clients nationwide from the company’s Washington, D.C., office.
Previously senior vice president-treasury/mortgage and banking for Marriott International, Bethesda, Stambules also served as senior vice president/senior asset manager in the Hospitality Industries Division of Capmark Finance and its predecessor, GMAC Commercial Mortgage, where he helped place more than $10 billion of senior and mezzanine hotel financings over 12 years.
A10 Capital Hires Dashevsky and Henrich
A10 Capital, Princeton, hired Bruce Dashevsky and David Henrich. Dashevsky will lead business development efforts in Conn., N.J. and N.Y. and Henrich will head up business development in the Mid-Atlantic and New England markets.
New EVP and CIO for Simon Property Group
Simon Property Group, Indianapolis, appointed Matthew Lentz executive vice president and CIO, based in New York.
In this newly created position, Lentz leads SPG's investment activity including the company's international investments. Lentz reports directly to David Simon, SPG's chairman and CEO.
Previously, Lentz served as a managing director and portfolio manager at PointState Capital in New York; prior to PointState, Lentz had a similar role at Duquesne Capital Management, where he managed a portfolio of global real estate securities and also served as a senior analyst for real estate securities.
Arbor Expands Multifamily FHA Loan Origination Capabilities
Arbor Commercial Mortgage, Uniondale, N.Y., expanded its multifamily FHA loan origination capabilities by hiring FHA origination directors for its Boulder, Colo., and Chicago offices.
Both Andrew Proctor and Jason Gray will originate FHA-insured multifamily, seniors housing and healthcare facility loans nationwide on an expedited basis for acquisition, refinance and construction transactions and both report to Joseph Donovan, senior vice president and director of FHA lending.
Proctor joined Arbor's Boulder office. Earlier in his career, he worked for the cities of Boulder and Denver as housing division manager and for the State of Colorado as housing development specialist.
Gray, who joined the Chicago office, most recently worked at Oppenheimer Multifamily and Healthcare Finance as associate director of origination. Previously, Gray served as a business development associate at Cambridge Realty Capital, where he originated debt and equity opportunities in the Midwest with a specific focus on seniors housing in Ind., Mich., Ill., Minn. and Mo.
Grandbridge Hires Guzikowski
Grandbridge Real Estate Capital's Washington, D.C. office hired Frank Guzikowski as executive vice president of agency lending.
Guzikowski’s responsibilities include advising the firm’s national team of loan originators and clients on multifamily products and loan structures available through Fannie Mae, Freddie Mac and FHA.
Henry Appointed CEO of KBS Legacy Partners
KBS Legacy Partners Apartment REIT appointed W. Dean Henry its CEO. Henry succeeds C. Preston Butcher, who will continue to serve as chairman of the firm's board of directors.
Henry has been executive vice president of KBS Legacy Partners Apartment REIT since its inception in August 2009.
Mosley Promoted to SVP at Mortgage Contracting Services
Mortgage Contracting Services, Tampa, promoted Chad Mosley to senior vice president of business development. Mosley worked on MCS’ expansion initiatives, including the company's opening of its third facility in Ruston, La. The firm also added nearly 50 percent more office space to its Plano, Texas, site.
Mosley joined MCS in 2008 as an assistant vice president of business development and became vice president of operations before moving back to business development last year.
Peskowitz Joins Venable's Real Estate Practice
Venable, LLP, added Michael Peskowitz as a real estate partner in the law firm’s New York office.
Peskowitz joined from the New York office of Sidley Austin. His practice concentrates on commercial real estate finance, representing borrowers and lenders in the full range of debt and equity investment related to the development, ownership and management of real estate projects.
The addition of Peskowitz and new associate Lauren Scarantino marks the tenth and eleventh attorneys to join Venable’s New York Real Estate Group this year. Other recent arrivals include Peter Koffler, who joined from Stroock and a six-person group from Dewey LeBoeuf, whose members include former New York City Parks Commissioner Gordon Davis, along with partners Peter Britell and Suzanne St. Pierre.
CBRE's Clutter and Blunt Relocate to Washington, D.C.
CBRE Group, Los Angeles, announced that Ryan Clutter and Michael Blunt, both members of its U.S. Investment Properties Institutional Group, will relocate to Washington, D.C. to join CBRE’s office investment sales team in that market.
Clutter, an executive vice president with CBRE, currently serves the disposition needs of institutional investors throughout the Carolinas. Blunt, a senior vice president on the Philadelphia investment sales team, currently specializes in institutional investment properties located primarily in Pa., N.J., Del. and northern Md.
Smith Named Managing Director at Hudson Realty Capital
Hudson Realty Capital, Manhattan, a real estate fund manager specializing in middle-market investments and large loan-portfolio acquisitions and asset management activities, named Geoffrey Smith managing director.
Smith will expand the firm’s lending platform to include more conventional senior and subordinate loans on both transitional and stabilized commercial real estate and he will have responsibility for the syndication and distribution of the company’s real estate assets.
Prior to joining Hudson, Smith served as a managing director of Natixis North America, an affiliate of Natixis, an arm of Groupe BPCE, France’s second-largest banking group. He previously held similar positions with Morgan Stanley, J.P. Morgan and Nomura Securities. He has closed more than 300 transactions totaling in excess of $6 billion on behalf of mortgage banking, broker, fund and developer clients.