Cresa names new finance chief
Cresa appointed Tracey Luehring as chief financial officer while the occupier-focused brokerage looks to expand operations. Luehring joined Chicago-based Cresa from the consulting firm CrossVue, where she led financial and business intelligence functions.
Her prior work included holding executive positions at VikingCloud, a global security and compliance service provider, JLL Work Dynamics and JLL Technologies. Luehring started her career in investment banking and commercial lending at BNP Paribas and ABN AMRO. She also worked at financial services firm AON.
Newmark boosts cold-storage services
Newmark hired Dave Aschenbrand as executive managing director in its New Jersey office, to support the growth of the firm's cold-storage supply chain services. The New York-based company said Aschenbrand has more than 25 years of experience in the industrial sector, handling capital markets, leasing and related areas of cold-storage warehousing and transportation.
Aschenbrand’s prior clients have included cold-storage firms such as FreezPak Logistics and FlexCold. Global cold storage facility development has surged in recent years, fueled by rising demand from e-commerce grocery sales, industry consolidation and the aging of existing inventory, according to Newmark.
CenterSquare expands executive team
CenterSquare Investment Management appointed Casey Clements as chief people officer, the Pennsylvania-based firm said. Clements will lead human resources operations, including talent acquisition, employee engagement, professional development and company culture, the firm said.
Clements has 20 years of HR experience, previously having worked at consulting firms McKinsey & Co. and Vynamic. Founded in 1987, CenterSquare is based near Philadelphia and provides services geared to real estate asset management and financing. It has more than $15 billion in assets under management.
Westcore taps new managing director
Industrial property investor and developer Westcore hired Michael Collins as managing director and head of investor relations, the San Diego-based company said.
Collins has more than 25 years of industry experience in capital markets and worked previously at firms such as Blackstone, Kennedy Wilson and Eaton Vance.
He most recently worked as a partner and managing director at Easterly Capital, where he oversaw sales and marketing activities. His duties will include new business development and managing and underwriting partnership structures, the company said.
Founded in 2000, Westcore has more than $4 billion in assets under management.
Parkview Financial appoints new director
Parkview Financial, a provider of commercial and residential real estate financing, appointed Dhaval Parikh as managing director. The Los Angeles-based firm said Parikh will head capital raising and investor relations in the firm's New York office after joining the firm from Ares Management.
Parikh has nearly 20 years of experience in real estate capital raising, product development and investor relations.
He also worked as a director at MetLife Investment Management and BlackRock. At Parkview, he will report to founder and CEO Paul Rahimian.