MC Companies Hires Industry Veteran David Mannion as COO Amid Major Portfolio Expansion

 

David Mannion

 

 PHOENIX, AZ – Supporting a major portfolio expansion plan, full-service multifamily investment, management and development firm MC Companies has hired David Mannion as its Chief Operating Officer.

A 20-year industry veteran, Mannion now serves as part of the MC Companies executive team, adding institutional experience and relationships to grow the company’s multifamily portfolio from 6,500 units to 25,000 units under ownership by 2029.

Ken McElroy

In his new role, Mannion applies expertise in public and private real estate development, acquisitions, portfolio management and capital markets transactions to drive MC Companies operations and oversee portfolio performance, capital raises and joint-venture relationships.

Prior to joining MC Companies, Mannion served as the head of capital markets for a $15 billion, publicly traded REIT, where he raised several billion of institutional capital.

Over the course of his career, Mannion has closed over $7 billion in transactions and managed $24 billion in assets.

“David is a forward-thinking leader with an impressive track record in complex real estate transactions – a valuable combination as we launch our portfolio growth initiative,” said MC Companies Co-Founder and Principal Ken McElroy.

Ross McCallister

“We are thrilled to have him on our team, knowing that he will act as a steward for our investors and employees, and the residents who live in MC Companies communities.”

MC Companies founders McElroy and Ross McCallister have been leaders in the multifamily investment industry for over 30 years.

The company continues to actively pursue new land for development and existing properties for value-add investment.

 

 CONTACT:

 

Stacey Hershauer

stacey@focusaz.com

480.600.0195

www.mccompanies.com.

JLL elevates Luke Vanderpoel to co-lead Freddie Mac platform with Senior Managing Director Steve Henderson

 Luke Vanderpoel 

 

CHICAGO, IL –– JLL announced Luke Vanderpoel has been appointed Senior Managing Director and co-lead of the company’s Freddie Mac platform alongside Senior Managing Director Steve Henderson.

 Vanderpoel has nearly 20 years of experience in commercial real estate with a specialization in Agency debt and Freddie Mac loan programs.

Over the course of his career, he’s been involved in more than $25 billion of commercial real estate transactions, including Freddie Mac originations. He began his career as a Production Analyst with HFF, which was acquired by JLL in 2019.

Steven D. (Steve) Henderson

For the sixth consecutive year in a row, JLL was ranked the #1 Freddie Mac Affordable Housing Lender in 2020.

 JLL also ranked the #3 Freddie Mac Multi-housing Lender by volume in 2020 with year-end transaction volume totaling $9.9 billion.

 “As we continue to focus on our multi-housing business and growing our agency lending platform, it was a natural progression for Luke to move into a leadership role within the group,” said Gerard Sansosti, Executive Managing Director and Co-lead of JLL’s Debt and Loan Sale platform.

“His knowledge, relationships and affable professionalism make him a valuable teammate for our JLL team as well as our multi-housing clients.”

 JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers.

Gerard Sansosti

The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization.

The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

 For more news, videos and research resources on JLL, please visit our newsroom.

 

CONTACT:

Kristen Murphy

Senior Manager, Public Relations, Investor Services

JLL

One Post Office Square, Suite 3500

Boston, MA 02109

T +1 617 848 1572

M +1 617 543 4873

Kristen.Murphy@am.jll.com

 jll.com

 

JLL Capital Markets closes sale of 279,843-SF Adam’s Dairy Landing in Blue Spring, MO

Amy Sands 

 

CHICAGO, IL – JLL Capital Markets has closed the sale of Adam’s Dairy Landing, a 279,843-square-foot open-air, dominant regional retail center in the Kansas City-area community of Blue Spring, Missouri.

Clinton Mitchell

JLL advised the seller, a private investment fund. Albanese Cormier acquired the asset.

 Ninety-six percent of Adam’s Dairy Landing is occupied by national tenants, including TJ Maxx, Homegoods, Dollar Tree, Ross Dress for Less, Petco, Michaels, Old Navy, Ulta Beauty and Five Below.

Completed in 2010, the property is also shadow anchored by Target and Kohl’s and has room for additional pad site development.

 Situated on over 33 acres at 800 NE Coronado Dr., Adam’s Dairy Landing is located at the southeast corner of Interstate 70 and Adams Dairy Parkway and has exceptional regional draw from the Kansas City MSA, demonstrated by the more than four million visitors over the last 12 months.

Michael Nieder

More than 80,000 residents earning an average annual household income of $95,000 and a buying power of $2.8 billion live within a five-mile radius

 The JLL Retail Capital Markets team representing the seller was led by Managing Directors Clinton Mitchell and Amy Sands and Director Michael Nieder, along with Executive Vice President Jim Gates. 

 JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers.

Jim Gates

The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization.

The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

  

CONTACT:

 Kimberly Steele

JLL Manager

Public Relations

Phone: +1 713 852 3420

Email:  Kimberly.Steele@am.jll.com

jll.com.