Page 22 - RENJ_April2021

20 APRIL 2021
PEOPLE ON THE MOVE
JLL NEW JERSEY
TEAM ADDS TENANT
REP BROKER
JLL has added Michael Nicholson to its New Jersey office leasing team, with a focus on tenant representation and portfolio strategy for national and global clients.
Nicholson, who brings 15 years of commercial real estate industry experience, will be based in the firm’s Parsippany office and will work within the team led by Tim Greiner. He joins JLL as an executive vice president, with expertise in commercial tenant representation and investment real estate, plus
a specialization in multimarket portfolios.
“I am excited to join JLL at a time of significant
multinational publishing company and the head of business development at a New York City marketing services firm, the news release said. He graduated from Vanderbilt University, earning a bachelor’s in philosophy and psychology.
NJAA ANNOUNCES
TWO PROMOTIONS
The New Jersey Apartment Association has promoted Kelly Ryan to director of membership and Sarah Shaw to education manager.
Ryan, who has been with the organization
for five years,
directs its
truly shows what you can accomplish in response to a national crisis like COVID-19. It’s an honor to work alongside this team.”
GROWTH FUELS PROMOTIONS FOR SAXUM TEAM
Saxum Real Estate has named Chad DeBolt and Sean Gilbert as its newest principals, while announcing a series of other promotions as it continues its growth nationally.
DeBolt, whose title now includes managing
director, joined
the Summit-
based developer
and investment
firm in 2016.
He has served
as director of
investments and
spearheaded a
capital markets division that raised more than $100 million in high-net- worth equity, helping to fuel Saxum’s initial acquisitions.
The firm also cited his extensive knowledge of the federal Opportunity Zone legislation, which enabled it
to be an early investor and fund manager under the program and drove new growth on a national scale. Now with more than 20 professionals, Saxum has launched multiple new investment verticals while also opening a southern headquarters in Austin, Texas.
Founder and Managing Partner Anthony Rinaldi said he expects DeBolt to continue to play a vital senior management role.
“Chad embodies what it means to be a great teammate and partner,” Rinaldi said. “His selflessness, team-first attitude, relentless work ethic coupled with his ability to think critically and make decisions quickly make him a tremendous leader. His leadership
has been a critical force to fueling
the firm’s growth and success. I am personally honored to work with him every day and I am incredibly grateful for his stewardship of the firm.”
underwriting, financing and closing activities for Saxum’s acquisition and joint venture opportunities, according to a news release. He has successfully closed on more than 30 value-add and development transactions for the firm across multiple verticals and asset types, with capitalizations totaling more than $1 billion and 6 million square feet.
Saxum also pointed to Gilbert’s role in leading its growing industrial and multifamily platforms and executing on its first investment strategies in transit-oriented downtowns.
“Since day one, Sean’s leadership
has been instrumental in the firm’s growth,” Rinaldi said. “His tenacity, diligence and incredible work
ethic coupled with his ability to continuously elevate his approach
to acquisitions and investments has propelled Saxum into the firm that it is today. I am incredibly proud of his growth and grateful to work with him every day.”
Saxum has also made several promotions. Dave Schoer, who joined the firm nearly three years ago as its controller, is now vice president of accounting and operations after the expansion of his role beyond strategic financial planning, forecasting and reporting.
In his new position, Schoer will continue to oversee all accounting operations and remain integral in the execution of the processes tied to Saxum’s growth trajectory.
“Dave epitomizes what it means to be a great teammate and leader at Saxum. Since
day one, no job
has been too
big or too small
for Dave to
solve,” Rinaldi
said. “Dave has
singlehandedly
created and
implemented
dozens of processes from finance and accounting, asset and property management to operations and even (human resources).”
The firm has also promoted Lucas Malavarca to senior property manager. He has overseen Saxum’s portfolio of assets as property manager since joining its team two years ago, it said, noting that he has built on his core focus of building operations and management to also focus on management of capital improvements, property accounting, lease administration and marketing.
Michael Nicholson
challenges and opportunities both here in New Jersey and beyond.”
Nicholson, a former director
of business development with
The Acclaim Group, has been responsible for a broad scope of real estate functions during his career, according to a news release. He has spearheaded transactions in primary and secondary markets in more than 40 U.S. states for a broad mix of clients, with experience in the office and industrial sectors across client types such as professional services, information technology and food and beverage.
“We are pleased to welcome Mike to the New Jersey team as we continue to expand our team of market-leading professionals that also add to our collaborative culture,” said Greiner, an executive managing director
with JLL. “Mike’s expertise and his understanding of diverse real estate markets will be an asset to our clients.”
Prior to entering commercial real estate, Nicholson was the top corporate salesperson for a
Sarah Shaw
recruiting instructors from across the nation, helping set curriculum and guiding members through the national designation and
change in
the industry,” Nicholson said. “JLL’s powerful platform will help me to support clients as they negotiate the evolving
Kelly Ryan
membership
recruitment
efforts, on-
boards new
members,
engages with
the National
Apartment Association on national membership initiatives and manages the publication of NJAA’s membership magazine, among other projects. She has been in the field of association management for 15 years.
Shaw, who has been with the organization for three years, manages its education classes, which includes
Chad DeBolt
continuing education credentials process with NAA, according to a news release. She also manages many of its digital efforts.
Over the past year, Shaw directed the association’s quick shift to online classes in response to COVID-19 regulations.
“I am enormously proud of what Kelly and Sarah have accomplished, not only in the face of COVID-19,
but throughout their careers here at NJAA,” said David Brogan, NJAA’s executive director. “Their hard work and professionalism not only furthers our mission as an association, but
Dave Schoer
Sean Gilbert
Gilbert, who also joined the firm in 2016, has served as director of acquisitions
and has been responsible for managing all origination,