Page 28 - RE-NJ

26 MAY 2022
PEOPLE ON THE MOVE
LMC APPOINTS COO, CFO TO FILL KEY EXECUTIVE ROLES
Levin Management Corp. has promoted Paul Tavaglione to executive vice president and chief operating officer and Jennifer Mercer to vice president and chief financial officer.
The real estate services firm, which is based in North Plainfield, said it
strength is its ability to promote from within, and these well-deserved advancements capitalize on the breadth and depth of our seasoned managerial team. The changes
taking place here also reflect our commitment to leadership continuity as we work to provide clients with the highest-quality service and plan for our future.”
Tavaglione joined LMC in 2001 as controller and became assistant vice president in 2007, according to a news release. In 2016, he was elevated to deputy chief financial officer and then named vice president and CFO in 2017.
Mercer, who joined LMC as controller in
2019, has played
a key role in
key assignments. Those include The Paramount Building, a 33-story Times Square office tower.
LMC, meantime, noted that Carson joined its team in 1992 as vice president of property management, while earning promotions to executive vice president in 2006 and president in 2019. The firm cited his role in its day-to-day operations, overseeing coordination of new client properties and transitioning new management assignments to the Levin team.
“Bob’s leadership, dedication and tireless service over the last 30 years have been steady forces in helping to shape Levin Management into the company that it is today,” Harding said. “We are grateful for his immeasurable contributions and wish him well in his retirement.”
GENOVA NAMES NEW
PARTNER IN REAL
ESTATE PRACTICE
Genova Burns LLC has promoted Matthew Kertz, a member of its real estate practice, to the partner level.
Kertz, who is based in Newark, is a specialist in commercial real estate leasing and focuses on corporate transactions. He works with clients drafting and negotiating retail, office and industrial leases and assists landlords and tenants in resolving all aspects of leasing-, acquisition- and litigation-related issues.
Kertz also drafts and negotiates franchise leases, non-compete
will make him a great addition to the ranks of partner at Genova Burns.”
DENHOLTZ ADDS TO EXECUTIVE TEAM WITH CIO, CFO HIRES
Denholtz Properties has made two key additions to its executive team to support its continued expansion plans in New Jersey and the Southeast, hiring David Bachstetter as chief investment officer and Jenniffer Collins as chief financial officer.
Both come to the Red Bank-based firm with decades of commercial real estate and finance experience.
“We have always taken great pride
in our company’s ability to blend the sophistication and capabilities of
an institutional investment platform with an entrepreneurial approach
that is backed by the firm’s agility, deep market knowledge and attention to detail,” Denholtz Properties CEO Steven Denholtz said. “As we continue to execute our growth plans, we are confident that Dave and Jenniffer’s experience and leadership will
enable us to build on this legacy and ensure we are positioned to continue to identify opportunities for value creation in the current market.”
According to the firm, Bachstetter brings nearly
20 years of
commercial real
Paul Tavaglione
has elevated Tavaglione
and Mercer ahead of the July retirement of Robert Carson, its president, who has served in key leadership
overseeing departmental management and providing financial and operational oversight for
positions for three decades.
“This is an exciting time at Levin Management,” CEO Matthew K. Harding said. “One of the key indicators of an organization’s
Jennifer Mercer
Architecture + Interiors + Workplace Strategy + Planning + Placemaking | rb-arch.com
Matthew Kertz
Cassidy and
Denholtz Properties’ acquisitions, development and finance teams to identify opportunities to increase efficiency and profitability throughout its investment platform, as it continues to grow its multimillion-square-foot portfolio.
commercial real estate disputes
and assists in litigation before
state and federal courts, handling commercial contract and settlement negotiations and representing clients with national real estate portfolios.
“Mr. Kertz is familiar with all aspects of negotiating and drafting New Jersey commercial ground retail, office and industrial leases,” said Angelo J. Genova, the firm’s chairman. “Matt’s experience, understanding and quiet confidence
agreements
and guarantees, while counseling clients on related matters. Additionally,
he advises landlords and tenants in
estate advisory and operator experience. He will work closely with President Stephen
David Bachstetter
The addition comes amid the recent launch of a joint venture between Denholtz and an affiliate of an institutional investment management firm, which aims to acquire more
than $1 billion worth of multitenant industrial properties in top markets. Bachstetter’s data-driven approach and keen understanding of real estate finance and investment will support its efforts in that regard, the firm said, as it builds its existing footprint and looks to enter new markets across the region.