Barings adds to asset management; Colliers grows South Florida office team; CRC boosts retail leasing group

Joel Pecoy joined Barings as a managing director in New York, leading the global asset management firm’s U.S. real estate debt asset portfolio valued at more than $25 billion and covering nearly 380 properties. The Charlotte, North Carolina-based company, a subsidiary of MassMutual, said Pecoy will join the firm’s real estate debt investment committee and oversee a team of 12 managers and servicers, reporting to Nasir Alamgir, head of U.S. and European real estate debt.

Pecoy is a 25-year industry veteran who most recently headed real estate debt management at investment firm Ares. He previously held asset management and finance roles at UC Funds and Colony Hills Capital. The University of Massachusetts graduate also previously served as a petty officer second class in the U.S. Navy. 

Michael Osiecki joined Colliers as a vice president in the firm’s office in Boca Raton, Florida, as it increases its South Florida office services. A 10-year industry veteran, Osiecki will handle agency and tenant representation leasing services in Palm Beach County, according to Dustin Ballard, managing director and market leader for Colliers in South Florida.

Osiecki has previously represented clients such as Charles Schwab, PNC Bank, Wells Fargo Insurance and University of Miami. He started his commercial real estate career as a financial analyst at ING Clarion Partners, where he worked with the acquisitions team at the firm’s Lion Industrial Trust.

Real estate investment firm Continental Realty Corp., also known as CRC, promoted Dominique Threatt to the role of senior leasing associate in its commercial division. Threatt joined CRC in 2012 and previously served as a leasing associate.

Threatt will handle marketing and leasing activities for 11 Maryland-area shopping centers, spanning 1.2 million square feet of retail space, along with two properties in Charleston, South Carolina, Baltimore-based CRC said. A graduate of North Carolina Agricultural and Technical State University, the 17-year industry veteran held prior roles in property management and retail leasing.

The privately held company owns and manages a nationwide portfolio valued at more than $4 billion, including 8 million square feet of retail and related commercial space, along with 10,000 apartments in 12 states.

Real estate investment firm Capital Square hired Thomas Belcher as a senior regional vice president and promoted Chris Hirth to the role of executive vice president of asset management. Based near Richmond, Virginia, the company said the executives will oversee services for tax-advantaged investments, development and management in categories such as housing communities.

Belcher will lead sales-related services in Northwest regions such as Oregon, Washington, Alaska and Northern California, Capital Square said. He previously worked in the Pacific Northwest region of Cantor Fitzgerald Asset Management, after earlier work at Pacer ETFs and NetWorth Realty. He is a graduate of Indiana University and played four years of Division 1 baseball in college.

Hirth’s new duties will include managing financial performance, capital projects, commercial leasing and property dispositions involving the firm’s $6 billion U.S. portfolio of multifamily and commercial properties. He joined Capital Square in 2016 as an asset manager and was promoted to vice president of asset management in 2020. The Virginia Tech graduate worked previously for firms including CBRE and PRG Real Estate.

Tony Grant joined investment firm A&G Real Estate Partners as senior managing director, as the company bolsters its finance, acquisitions and dispositions operations. The New York-headquartered firm said Grant is based in Ann Arbor, Michigan, and previously served A&G as a senior consultant, working with clients such as Rite Aid, GNC and 24 Hour Fitness.

Grant, a 20-year industry veteran, has handled transactions such as store locations and relocations, lease terminations, expansions and downsizings, with prior work including serving on the global corporate development team at Owens Corning in Toledo, Ohio. The Michigan native is a Michigan State University graduate who played on the university’s varsity football team as an offensive lineman and long snapper.