Gillard Joins JLL Capital Markets in Philadelphia
JLL Capital Markets is continuing to grow its multihousing debt advisory team, adding a 16-year industry veteran in Philadelphia.
Dan Gillard has joined JLL as a managing director. He reports directly to Senior Managing Director Ryan Ade, co-head of the firm's Philadelphia office.
In his new role, Gillard will primarily focus on sourcing new multihousing and commercial financing options both locally and nationally.
JLL Capital Markets provides capital solutions for real estate investors and occupiers. The firm has more than 3,000 capital markets specialists worldwide with offices in nearly 50 countries.
Gillard spent the past six years with multifamily lender Greystone, most recently as a managing director and head of its Philadelphia production team, where he originated commercial real estate debt and equity opportunities and was involved in closing more than $3.5 billion in loan volume since 2017 across Fannie Mae and Freddie Mac, Federal Housing Authority, bridge loan, balance sheet and commercial mortgage-backed securities platforms.
Before that, Gillard served as vice president of agency originations at Berkadia and grew its Fannie Mae delegated underwriting servicing, or DUS, loan production across the firm's East Coast origination offices while managing Fannie Mae production for over 40 mortgage bankers and closing more than $4 billion in Fannie Mae funding transactions.
Gillard also held various analyst roles at Wells Fargo, Freddie Mac and Mezz Cap, according to his LinkedIn profile.
Regions, Sabal Name Head of Conventional Loan Production
Commercial real estate lender Sabal Capital Partners and its parent company, Regions Bank, have hired Jason Scott as managing director and head of conventional loan production for the companies. He is based in the firm's Atlanta office.
In his new role, Scott will oversee multifamily conventional loan production for Regions' real estate capital markets group, which includes Sabal's lending business, in addition to leading sales activities for loan production managers working on behalf of multifamily sponsors, owners, borrowers and brokers. Scott is also tasked with generating and increasing Fannie Mae and Freddie Mac conventional loan opportunities for the group.
Scott most recently served as a regional managing director with Arbor Realty Trust, where he opened and administered the lender's Atlanta office and originated loans for residential and healthcare properties for large borrowers, strategic partnerships and brokers across the country. During his time there, Scott engaged and closed over $1 billion in loan volume.
This latest move marks a return to Regions Bank for Scott, who previously worked as a director of originations for the group. He also served in an underwriting role for Regions and worked on the real estate investment banking team with RBC Capital Markets.
Scott holds an MBA from California Polytechnic State University, a master's degree in real estate development from Columbia University and a bachelor's degree in finance from Virginia Tech.
McLaughlin Joins BH Properties To Lead Northwest Acquisitions
Los Angeles-based investment firm BH Properties is growing its acquisition team and opened a new regional office in Seattle to focus on distressed and value-add real estate transactions, troubled and nonperforming loans, and real estate properties facing bankruptcy.
The company has tapped Hughes McLaughlin to lead the newly opened office. He joins the firm as a managing director and will report directly to John Carl III, who recently joined BH Properties to head its national value-add acquisitions platform in Dallas.
In his new role, McLaughlin will lead the firm's value-add and opportunistic real estate investment platform in the Pacific Northwest, including Washington, Oregon, Idaho and Montana. He will also oversee investments in distressed debt and ground leases secured by real estate across various regions and property types.
“One of the things that attracted me to BH is that they are self-funded and require little-to-no leverage to close on even the most complex transactions," he said in a statement. "This also allows us to deploy capital in scenarios where traditional joint ventures wouldn’t. My job now is to be the tip of the spear in the Pacific Northwest and go execute.”
Hughes has spent his entire 20-year career in the greater Seattle real estate market, most recently as a senior director of markets brokerage with Cushman & Wakefield. He began his real estate career with JLL in Seattle, rising from analyst to managing director. Throughout his career, Hughes has been involved in commercial real estate transactions totaling over 15 million square feet.
Logic CRE Names Keating a Brokerage Partner
Logic Commercial Real Estate has named Michael Keating a partner in its Reno, Nevada, office.
In his expanded role, Keating will continue to focus on the sale and leasing of office and industrial properties across northern Nevada.
Keating joined Logic in 2018 as an associate and was promoted to senior vice president in 2021. He completed more than 120 transactions in 2021 and is currently listing over $73.8 million worth of properties for sale.
Dermody Hires Development Veteran as Senior VP
Dermody Properties, a national private equity real estate investment, development and management company focused exclusively on the logistics sector, has hired David Jennings as a senior vice president of development.
In his new role, Jennings will provide due diligence, design, entitlement, budgeting and construction oversight for new developments, acquisitions and build-to-suit projects in New Jersey, Pennsylvania and across the Eastern United States.
Jennings most recently served as a senior vice president of construction at Duke Realty, where he was responsible for construction activity in the Northeast and oversaw preconstruction teams, project managers, superintendents and field engineers to ensure developments were completed safely, on schedule and within budget.
Klier To Lead Leasing and Acquisitions at LDK
LDK Ventures hired Jason Klier as a senior vice president of leasing and acquisitions in Sacramento, California.
In his new role, Klier will oversee new leasing efforts at the firm's McClellan Park campus and assist in the expansion of the company's industrial developments and acquisitions throughout the Western United States. LDK currently manages more than 12.6 million square feet of real estate throughout the region, with a focus on industrial and multifamily properties.
Klier brings more than two decades of real estate experience, most recently as vice president of portfolio management at Buzz Oates, where he oversaw the acquisition, development, leasing and disposition of properties in California, Texas, Idaho and Nevada. Before that, he held a similar role at Phillips Edison & Co., a leading owner and operator of grocery-anchored shopping centers.
Pine Tree Adds Senior VP, Design and Construction
Bernard Siwik has joined Pine Tree as a senior vice president of design and construction in Northbrook, Illinois.
In his new role, Siwik will lead a team overseeing design and construction of new developments as well as remodels and retrofits of existing spaces across the firm's national portfolio of shopping centers.
Siwik brings more than 30 years of construction project management and architecture experience in the industrial, office and retail sectors. He joins Pine Tree after more than 13 years running his own construction management consulting firm in Chicago, and before that, he oversaw all phases of project development with Regency Centers and Joseph Freed and Associates.
NAI Hallmark Expands Office Leasing Team
Sarah Teagle has joined NAI Hallmark as a vice president in the firm's Jacksonville, Florida, office.
In her new role, Teagle will specialize in office leasing and sales as well as tenant representation for the commercial real estate brokerage and property management firm.
Teagle brings more than 17 years of experience in commercial real estate and sales, having worked in land acquisition and housing developments as well as multistate business expansions. She joins NAI Hallmark from Perdue Office Interiors, where she provided workplace solutions for various companies.