By Joshua Burd
Trammell Crow Co. has named a new senior vice president to help grow its multifamily development pipeline in the tristate area.
The firm said Michael Adamo joins its Northeast metro office and its residential subsidiary, High Street Residential, from Rose Associates Inc. In his new role, he will be responsible for expanding the team’s residential footprint in New York, New Jersey and southern Connecticut.
“We are thrilled to welcome Michael to the Trammell Crow Company and High Street Residential team,” said Andrew Mele, senior managing director for TCC and HSR’s Northeast metro market. “Michael’s expertise and professional background is deeply rooted in the New York metro market, allowing him to bring a wealth of knowledge to our expanding multifamily practice in the region.
“We have developed some incredible multifamily properties in the Northeast, most recently outside of Philadelphia and in Pittsburgh. With the addition of Michael to our team, we are well positioned for sustained growth in the dynamic New York metro market, where his experience in land acquisition, entitlements, design, construction, and lease-up through asset stabilization make him an immediate and valuable asset to the Northeast metro team.”
Adamo was most recently a managing director of acquisitions for Rose Associates, where he led the sourcing, due diligence, underwriting, negotiation and capital raising efforts for development and redevelopment investment opportunities throughout the New York City metro market, according to a news release. Previously, he held development positions with AvalonBay Communities Inc. and The Briarwood Organization.
The industry veteran earned his bachelor’s from Hofstra University and a master’s from New York University.
