Miami-based real estate investment, development and design firm LD&D has added two new executives to its leadership team, bringing on Dylan Margolin and Paul Hess as vice presidents to help drive the group’s capital deployment plans.
Dylan Margolin, who joins the team as LD&D’s new vice president of investments, previously worked at W5 Group, the Winter family office based Miami Beach. He has overseen more than $4 billion of transactions throughout his career. In his new role, Margolin will be responsible for identifying and evaluating new investment opportunities as well as oversee all financing aspects of LD&D’s ongoing projects.
Paul Hess joins the team as the group’s new vice president of development. Hess previously served as the director of acquisitions and development at OKO Group. In his new role, Hess will advance new efforts and support ongoing work at projects such as the Datura Hotel & Residences in West Palm Beach, Florida, and an as-of-yet unannounced project in Surfside, a northeastern city in Miami-Dade County.
Both join the company with a decade of experience within the industry, a spokesperson for LD&D confirmed to CoStar News via email.
“With more than $500 million in assets under management and a development pipeline of 1.25 million square feet in Florida and New York City markets, [the addition of Hess and Margolin] further solidifies our position as we expand our footprint in these two focus markets,” Diego Bonet, the company’s managing partner, said in a news release.
Planned developments across Florida from LD&D include Gallery Haus in St. Petersburg; Cass Square in downtown Tampa; as well as the recently opened Wynwood Haus, developed in conjunction with Black Salmon and Bridge Investment Group, in Miami.