Denholtz Properties’ headquarters at 116 Chestnut St. in Red Bank — Courtesy: Denholtz Properties
By Joshua Burd
Denholtz Properties has hired a veteran broker and development executive as its new chief operating officer, in one of two changes to its leadership team.
The Red Bank-based developer and investment firm announced Monday that Greg Brown has joined its ranks as COO. In addition, the firm has promoted longtime employee Janet Kouvaras to the role of senior vice president of finance.
Brown, who brings more than 20 years of commercial real estate experience, previously was a managing director with NAI DiLeo-Bram & Co. in Piscataway. In that role, he overhauled and updated the firm’s business operations, leading to greater profitability.
Prior to DiLeo-Bram, Brown was COO for Davenport, Florida-based Feltrim Developments, where he managed the U.S.-side of day-to-day operations and project development of the international real estate firm, according to a news release. In his new role with Denholtz, he will streamline the firm’s internal operations to increase efficiency and profitability, while as part of the executive team to manage the company’s ongoing utilization and adoption of the latest real estate technologies and processes.
“We are pleased to bring a seasoned veteran like Greg aboard as we are certain that he will add tremendous value to our organization as we position ourselves for continued expansion,” said Steven Denholtz, CEO of Denholtz Properties. “With the promotion of Janet to our executive team, we are creating the ideal combination of capabilities and experience that ensures we remain a highly efficient and agile company as we continue our growth trajectory.”
Meantime, Denholtz noted that Kouvaras has been integral to its significant growth over her 18 years with the company. In her new role as senior vice president of finance, she will leverage her deep understanding of financial planning to lead Denholtz’s accounting and finance teams, as well as oversee the financial operations of the firm.