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Markey is a former commercial real
resource for chapter leadership and its membership through training, planning and programing and speaker referrals.
Additionally, they will create opportunities to expand awareness of the corporate real estate profession with diverse student groups through speaking engagements and facilitating internships, while hosting DEI workshops and awareness events.
“I am happy to see tangible steps increasingly being taken to advance diversity, inclusion and equity across the real estate industry,” Hurlbut said. “However, much work remains to be done to ensure the real estate industry can truly be a place for everyone. I am looking forward to working with CoreNet Global New Jersey’s DEI committee to help to create a more inclusive, equitable and diverse real estate community in the years to come.”
CoreNet Global represents nearly 10,000 members in 50 countries with strategic responsibility for the real estate assets of large corporations, according to a news release.
“Although Kris is a relatively new member to our New Jersey chapter and our board, she has already
made a significant impact here,”
said Mary Beth Sullivan, a regional vice president with Teknion and president of CoreNet Global New Jersey chapter. “Kris is a true thought leader, promoting important change in her work leading our dynamic
DEI committee. And she doesn’t stop there. She is also extremely supportive of all chapter activities. Whether the event is a women’s group, community outreach, special event or membership networking, you see Kris’ smiling face in the pictures shared on social media. We are fortunate to have someone of her commitment and passion as part of our leadership team. I have no doubt
she will play a major role in CoreNet New Jersey’s growth and future success.”
Steven Denholtz, CEO of the Red Bank-based development and investment firm, added: “We have always been proud to prioritize diversity and inclusion in all aspects of our work at Denholtz Properties and Kris’ leadership in these efforts has been invaluable throughout her career with us. We know she will be a tremendous asset as CoreNet Global New Jersey continues to increase diversity, inclusion and equity across the industry and we look forward to continuing to support all of her work in this important endeavor.”
DIVERSIFIED TAPS
MATARAZZO AS CFO
Diversified Properties has hired Peter Matarazzo as its chief financial officer.
The commercial and residential real estate firm, which is based in Montville, said Matarazzo joined its ranks earlier this year after serving as CFO and controller with Arete Management in Manhattan. In his new role, he will work closely with Diversified’s executive team to
fast-moving organizations,” Diversified Properties Founding and Managing Partner Nicholas Minoia said in early June. “We are excited to welcome Peter to the team and look forward
to working with him to continue to execute our real estate investment strategy in the years to come.”
Matarazzo’s role with Arete Management, which owns low-income and affordable housing in New York City and Hudson, New York, included presiding over all financial reporting items. That included monthly closing of books and records, financial statement preparation in accordance with GAAP, account reconciliations, investor reporting and tax filings
for over 50 entities consisting of development, real estate operations, commercial properties and nonprofits.
“From the moment I had my first conversation with the executive team at Diversified Properties, it was clear that they have the vision and creativity needed to succeed
in today’s commercial real estate industry,” Matarazzo said. “I am honored to join one of the real estate industry’s most experienced executive teams and help them build upon their decades of success.”
CUSHMAN NAMES SENIOR RESEARCH MANAGER IN N.J.
Cushman & Wakefield has hired John Obeid as its senior research manager in New Jersey, in the latest key addition to its team in the state.
In his new role, Obeid will oversee New Jersey research operations for the real estate services firm and be responsible for managing and executing market research deliverables and analytics, the company announced. He is based
Andrew Markey
estate team leader with Investors and has also held roles with Connect One Bank, Sun National Bank and Wells Fargo, where
he spent more than 20 years as vice president and senior relationship manager for commercial real estate. He also worked for the Office of the Comptroller of the Currency as an associate national bank examiner.
The Randolph resident holds a bachelor’s in finance and an MBA from Rutgers University.
DENHOLTZ EXEC TO
CO-CHAIR CORENET
DEI GROUP
Denholtz Properties executive Kristine B. Hurlbut is set to co-chair a diversity, equity
and inclusion
committee for
the New Jersey
chapter of
CoreNet Global,
the association
representing
nearly 10,000
professionals
involved in large corporate real estate assignments.
Hurlbut, the firm’s senior vice president for leasing, will hold the post alongside Liz Archer of Francis Cauffman Architects, with a focus on elevating diversity and inclusion as a priority for real estate organizations across the state. They will work closely with a committee of dedicated volunteers to ensure that the committee can serve as an advisory
streamline its operations
and finance departments through the addition of new operational workflow efficiencies, the restructuring of
Kristine B. Hurlbut
Peter Matarazzo
manual processes and improving the adoption of the latest real estate and business technologies.
“Peter’s previous work with Arete Management exemplifies his attention to detail and his ability to drive financial success at multifaceted and
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