Real Estate Professionals Making The News
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Real Estate Professionals Making The News


Robert Charles Lesser Co., LLC (301-907-6600) announced that David Malmuth has joined the firm as a managing director of its Los Angeles, CA office. Prior to joining Robert Charles Lesser, Malmuth was senior vice president for six years at TrizecHahn Development Corp., where he served as the project executive on Hollywood & Highland, a $615 million retail, entertainment and hotel complex, including the 3500-seat Kodak Theatre (home of the Academy Awards) in Hollywood, CA, the Grand Ballroom tenanted by Wolfgang Puck Catering, fashion, retail, restaurants, a six-plex cinema to the adjacent to the Grauman’s Chinese Theatre and the 640-key Renaissance hotel. During the same period, he initiated the development effort of Paseo Colorado, a $200 million "urban village" including 400 apartments, retail space, a supermarket and a health club and spa located in Pasadena, CA.

Upland Real Estate Group, Inc. (612-335-9366) announced that Chris Moarn has joined the firm as a senior associate, specializing in tenant representation as well as investment sales. The company also announced that Tom Boegeman will head up Upland’s new commercial mortgage banking division, Upland Capital Advisors, Inc. Boegeman was formerly associated with Towle Financial Services.

Zorehkey And Associates (949-709-0000) announced that Rick Zorehkey has rejoined the company as CEO. His responsibilities will include overseeing daily operations and development. He was formerly with Wet Seal, Inc.

Aegis Realty, Inc. (800-831-4826) announced that the company has consummated its merger transaction with a subsidiary of Phillips Edison Ltd. (PECO). PECO is a private owner of supermarket-anchored shopping centers, with offices in Baltimore, MD; Cincinnati, OH and Salt Lake City, UT. As a result of the merger, Aegis’s common stock will cease to trade publicly and the company will be de-listed from the American Stock Exchange.

Diversified Partners, LLC (480-947-8800) has been designated as a developer affiliate of Commercial Net Lease Realty Services, Inc., the development subsidiary of Commercial Net Lease. The partnering program allows entrepreneurial developers access to CNL’s nationwide network, while maintaining the developer’s own independence. First on the partnership’s agenda will be the development of two regional power centers in Chandler, AZ, creating approximately 1,000,000 sq.ft. of retail for the southern tip of the city.

Kennedy Wilson, Inc. (310-887-6418) announced that it formed the West Coast Acquisitions and Asset Management Group, which will focus on value-added and commercial real estate investments. The team will be responsible for acquiring, repositioning and disposing of multi-family and commercial properties throughout the western U.S. The group will be led by Robert Hart, senior managing director. Teaming with Hart will be Ross Crowe as managing director and Joseph Winkler and Eddie Ring as vice presidents. The group will complement the already existing Kennedy Wilson Properties acquisitions and asset management team, headed by Phil Capron as senior managing director.

Stiles Development (954-627-9377) announced the hiring of Jason Howe as development manager. Prior to joining Stiles, Howe was president of the Howe Real Estate Corp., a full-service development consulting firm based in Fort Lauderdale, FL. Howe also worked with Swerdlow Real Estate Group, serving as a project manager and a retail development coordinator on various projects and later as general manager of the Las Olas Riverfront.