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SAXUM TOUTS FOUR
NEWEST HIRES
Saxum Real Estate has announced four new hires aimed at bolstering its legal, project management and leasing teams.
The new additions include Michael Lickstein, who
comes to Saxum with more than 20 years of experience, the firm said, citing her proficiency in analyzing financial records, writing correspondence and document preparation. Samuelson
growth and helping us seamlessly execute our investment strategy in the years to come.”
Adami brings more than two decades of experience, the firm said. Prior to his role in Manhattan, he served as
a supervising consultant for Grant Thornton Management Consulting.
He holds a bachelor’s in business administration from Georgetown University and an MBA in management from New York University’s Stern Graduate School of Business.
“In the commercial real estate industry, Diversified Properties stands alone in its ability to execute the most complex and challenging real estate projects,” Adami said.
LEE & ASSOCIATES NAMES YOUNGEST- EVER PARTNER
Lee & Associates New Jersey has promoted Drew Maffey to partner, making him the youngest broker to ascend to the position with the firm.
In his new role, Maffey will continue to assist tenants and landlords in purchasing, selling and leasing
REALESTATENJTM 39 industrial properties. He is based
in Lee & Associates New Jersey’s Elmwood Park headquarters, the firm said, touting him as a top-tier producer and mentor to many young brokers.
Maffey, who started with the firm in 2017, has executed deals throughout New Jersey, as well as in California, Georgia and Ontario, Canada.
“Drew’s motivation, persistence and drive continues to inspire our
joins the Summit- based firm as its associate general counsel. He works alongside Saxum’s general counsel and investment teams, assisting
Gina Karnick
added that “her legal knowledge and depth of experience working at various law firms and construction companies will be invaluable to help Saxum grow
team and has earned him this promotion,” said Jason Lynch, a principal with Lee & Associates New Jersey. “It is an honor to name Drew to be the youngest
Michael Lickstein
and provide best-in-class service to our investors and joint venture partners.”
Also joining the company is Jason Wolfthal. He serves as a leasing analyst and
will assist
with all legal matters and with
the negotiation and execution of acquisitions, financings, joint ventures and other transactions.
Prior to joining Saxum, Lickstein was an associate in the real estate practice groups of Hogan Lovells and Cleary Gottlieb Steen & Hamilton LLP, according to a news release. He received his undergraduate and law degrees from Cornell University and Columbia Law School, respectively.
“We are excited to have Michael join the Saxum team as associate general counsel,” said Lee Samuelson, the firm’s general counsel. “His legal knowledge and depth of experience coming from Hogan Lovells and Cleary Gotlieb will be invaluable for our transactional
and strategic relationships, as Saxum continues to grow exponentially across multiple asset classes nationally.”
Meantime, Mehul Desai joins the firm as a senior
project manager,
bringing 20 years
of construction
and development
experience that
will help guide
its projects from
design through
completion. He
has a bachelor’s in civil engineering and a master’s in construction management from Stevens Institute
of Technology, while maintaining his New York City superintendent license and his Leadership in Energy and Environmental Design accreditation by the U.S. Green Building Council.
“Mehul’s extensive skillset will add notable value as we specialize in bringing projects from concept to completion while also enhancing and upholding our earned reputation for success,” said Kieran Flanagan, the firm’s director of construction.
As a corporate paralegal, Gina Karnick
Drew Maffey
in property
research and
data preparation
for the leasing
team, while
working closely
with colleagues
from across
departments to support their overall goals.
DIVERSIFIED ADDS EXEC FOR FINANCE, OPERATIONS
Diversified Properties, a Montville- based commercial and residential real estate developer, has named Greg Adami as its chief financial officer and chief operations officer.
In a news release, Diversified
said Adami joins its team from a multibillion-
dollar, family-
owned real
estate firm based
in Manhattan,
where he served
as director
of operations
and advised
ownership,
senior management and stakeholders on policies, procedures and processes. He also played a critical role in the company’s operations, development, finance, marketing and leasing teams.
“Greg brings strategic mindset and a demonstrated track record of success to this dual position,” said Nicholas Minoia, Diversified’s founding and managing partner. “We welcome him totheteamasweknowhewillbea tremendous asset in assisting with the management of the firm’s continued
broker promoted to partner and we look forward to watching him grow as a major influencer in our region and thought leader across the industrial industry.”
Maffey began his career at Lee & Associates as a real estate sales associate in the industrial real estate market, specifically for Union and Middlesex counties, the firm said. He was promoted to assistant vice president in fall 2019. RE
Jason Wolfthal
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Mehul Desai
Greg Adami