Avison Young’s New Jersey team is headquartered in Morristown — Courtesy: Avison Young
By Joshua Burd
Avison Young has named its first-ever director of finance for the Northeast region while hiring a new operations manager for its New Jersey offices.
In a recent announcement, the real estate services firm said Alex Kwartler will take over the newly created finance role, overseeing financial processes for its offices in New York, New Jersey, Massachusetts, Connecticut and Pennsylvania to ensure consistent application of best practices. He will also serve as the region’s primary point of contact with the firm’s corporate financial leadership, while working directly with local market leaders to provide their teams with financial strategy and analysis.
Kwartler, a principal, most recently was Avison Young’s operations manager in New Jersey, a role now held by Sheryl Waldorf after she recently joined the firm. The latter will manage the support teams at Avison Young’s offices throughout the state, collaborating with senior management to develop and implement a regional strategy to organize, manage and coordinate key activities in finance, human resources, information technology, facilities management and other areas.
Both are based in AY’s Morristown office.
“Avison Young is continuing to grow its New Jersey team and expand its service offerings throughout the state,” said Jeffrey Heller, an Avison Young principal and its managing director in the state. “As director of finance, Alex will ensure that our internal financial processing is streamlined and efficient across teams and markets. Adding Sheryl to our team as operations manager fills a pivotal role that effectively coordinates the many working parts of our operations across multiple offices, and has a direct impact on the bottom line of a successful commercial real estate organization.”
Kwartler served as Avison Young New Jersey’s operations manager for seven years, according to a news release. He joined the firm in 2014 through the acquisition of Kwartler Associates, an asset and property management firm, and his role expanded to include supervision of day-to-day operations for New Jersey.
He has been a key participant in the firm’s growth through hires, acquisitions and office openings, most notably the acquisition of real estate brokerage firm Cresa NJ-North/Central in March 2017. Additionally, Kwartler earned the distinction of Avison Young New Jersey’s most valuable support professional in 2015 and was named a principal in March 2021.
“As Avison Young regionalizes more of its core business operations, we were fortunate to already have several corporate financial liaisons in the Morristown office,” Kwartler said. “That worked out perfectly, letting us easily consolidate financial processing for the Northeast.”
Waldorf brings more than two decades of commercial real estate experience, most recently serving as a data governance consultant for PGIM Real Estate, the news release said. She previously was operations director for the New York capital markets team at CBRE, having also served in roles such as chief of staff over a 200-person real estate group during her 15 years at Nuveen.
“What impressed me about Avison Young is the talent, collaboration and innovation rooted throughout the company,” Waldorf said. “I look forward to being part of this team and enhancing these capabilities for the benefit of clients’ short and long-term goals.”