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Commercial Investment Member designation through the CCIM Institute. In addition, he is an active member of NAIOP’s Developing Leaders Program and the International Council of Shopping Centers.
TECHUNITED TAPS SCHULTZ FOR NEW COMMITTEE POST
A trade group for technology firms
and entrepreneurs in New Jersey has tapped Onyx Equities’ Jonathan Schultz to lead a newly formed innovation committee.
The association, TechUnited:NJ, said Schultz will chair the panel as part an effort to bring a
broader strategic and practical perspective to the organization. He will do so alongside several leading figures
in New Jersey
business and higher education, the association said, reflecting the changing composition of
the tech community.
“The TechUnited Innovation Committee surrounds our organization with leaders who can guide New Jersey’s technology community through the evolution of the economy and
the inevitable technology-led market disruption,” said Aaron Price, CEO
and president of TechUnited. “We
want members to capitalize on New Jersey’s inherent advantages and create growth and advancement at the very edge of technology development. For entrepreneurs and tech leaders big
and small, this added value represents a critical component of our renewed mission, to empower entrepreneurs, innovators and instigators to build a better future for all.”
Schultz, a co-founder and managing partner of Woodbridge-based Onyx, is a leading voice on the use of technology in commercial real estate. The new role comes as TechUnited, which recently rebranded from the NJ Tech Council, has adopted a new mission amid a surge in high-tech entrepreneurial and corporate activity in New Jersey.
The innovation committee’s other members include:
• New Jersey Institute of Technology President Joel Bloom
• Stevens Institute of Technology President Nariman Farvardin
• Public Service Enterprise Group Chairman, President and CEO Ralph Izzo
• Phone.com CEO Ari Rabban
• Verizon Business Chief Revenue Officer Sampath Sowmyanarayan
• CentralReach CEO Chris Sullens
“Each of our Innovation Committee members can point to a specific recent instance where our technology exposure enabled an opportunity that generated benefits to the broader business community,” Schultz said. “Technology evolutions are the most exciting aspect of all business today, whether it be changes on our services to tenants or emerging enterprises or corporate intrapreneurism — every layer of the business community touches technology.
“What some tech entrepreneurs fail to recognize is how to create advantages utilizing the many tiers of support New Jersey already has in place for them. With this committee we will be there to identify opportunities and guide decisions for many innovators and entrepreneurs in the TechUnited community.”
SENLAC NAMES NEW PARTNER, HEAD OF INVESTMENTS
Senlac Ridge Partners has tapped Peter Sibilia as its head of investments, marking the latest addition to the Morristown-based private equity firm.
Sibilia, who also joins the company
as a partner, is a former managing director and co-head of JPMorgan Asset Management’s Northeast real estate investment team. Senlac announced the new addition in late July, noting that he brings more
than 20 years of commercial real estate experience and has expertise evaluating and investing capital across a broad mix of product types and markets.
“We are thrilled to welcome Pete
to our firm and look forward to benefiting from his deep expertise and exceptional relationship network as well as his outstanding track record in evaluating, structuring and consummating a broad range of real estate transactions in many markets,” said David Welsh, a founder and partner with Senlac. “Pete further bolsters our senior team at a pivotal time as we embark on a substantial growth phase driven by our current portfolio of development projects,
as well as our intention to pursue attractive real estate opportunities across a broad range of product types and markets.”
Sibilia joined JPMorgan Asset Management in 2007 and was most recently responsible for overseeing an investment team
that sourced
and executed
transactions
from the New
York City region
to Boston,
Senlac said,
noting that the
deals spanned
multiple risk profiles and product types. Prior to that, he was a director and acquisitions officer for Arsenal Real Estate Funds.
He began his career in 2001 as an analyst at PGIM, formerly Prudential Real Estate Investors, and holds a bachelor’s in finance from Seton Hall University and is a CFA charter holder.
“This is an exciting time for Senlac
as the current real estate markets are experiencing fundamental changes that will create attractive investment opportunities,” said Giorgios Vlamis, also a Senlac founder and partner. “We
REALESTATENJTM 23 look forward to working with Pete in
strategically growing our investment team and portfolio and maximizing our collective skillsets as we build an exceptional real estate platform.”
Sibilia is the latest partner to join
the privately held firm, which was launched early last year by Finn Wentworth, Welsh and Vlamis. The founders, who boast more than 80 years of combined experience, started the company after selling Normandy Real Estate Partners to Columbia Property Trust.
“This is an ideal opportunity for me to launch the next phase of my career and join Senlac’s respected leadership team in contributing to the firm’s expansion,” Sibilia said. “Given the strength of our combined expertise, relationships and track record, Senlac is well-positioned to capitalize on a broad mix of opportunities presented by the current environment and beyond. This is an extraordinary period for our industry and I look forward to joining the team and helping to chart Senlac’s future. I would also like to thank my former colleagues at JPMorgan Asset Management for all the years of friendship and support.”
Jonathan Schultz
Peter Sibilia
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