JLL’s Denver Capital Markets team establishes land sales group

Chris Musselman

DENVER, Apr. 8, 2024 –  JLL Capital Markets announced today that Chris Musselman has joined the firm as a Director in its Denver office. Musselman’s hiring establishes a dedicated land sale platform focused on ground-up development in Colorado and the greater Rocky Mountain region.   

 

Peter Merrion

“We’re really excited to have Chris join the team, especially as we continue to see land sales and acquisitions increase in the area,” said Peter Merrion, Senior Managing Director and co-head of JLL’s Denver Capital Markets group.

Musselman joins JLL from Lokal Homes, where he was involved in the acquisition and capitalization of more than $2 billion of multi-housing for rent and residential for-sale development opportunities throughout Colorado. 

He holds an MBA from Daniels College of Business at the University of Denver and a Bachelor of Arts degree from the Leeds School of Business and Colorado University, Boulder.

 

"I am excited and grateful to launch the new land sales group within the JLL Capital Markets team in Denver, Musselman stated. “JLL has a history of incredible success in this market, and we are well positioned to capitalize on the urgent need for large-scale institutional investment in for-rent and for-sale ground-up development and redevelopment in the region.”

 

For more news, videos and research resources, please visit JLL’s newsroom.

 

CONTACT:

Kristen Murphy

Director, Public Relations

JLL

One Post Office Square, Suite 1100

Boston, MA 02109

617-543-4873

30-year industry veteran Rebecca Durney joins JLL’s Value and Risk Advisory platform

 

Rebecca Durney

CHICAGO, IL, April. 8, 2024 – JLL’s Value and Risk Advisory platform has hired Rebecca Durney, PE CEM, as the National Agency PCA Director within its Environmental and Property Conditions team, led by Jeff Manas, Executive Managing Director.

 

An experienced 30-year industry veteran, Ms. Durney will play an integral role in ensuring JLL’s Fannie Mae and Freddie Mac-compliant property condition and engineering reports are written to increased Agency Guide standards.

Mary Bruno

 She will work closely with Mary Bruno, National Director of Agency Due Diligence, JLL Value and Risk Advisory, to oversee this powerful new service offering for Fannie and Freddie clients.

 

 As part of this offering, Ms. Durney will also oversee the “Green” product line, which includes Fannie Mae High Performance Building and Freddie Mac Green Advantage assessments.

 

Prior to joining JLL, Ms. Durney served as the Vice President of Building Assessment, Agency, at CBRE. She has extensive experience in facility condition assessment for lending transactions, acquisition and capital planning.

Jeff Manas

 Additionally, she is well versed in design and commissioning of HVAC systems, construction monitoring and energy auditing. Prior to her role at CBRE, she was a Senior Project Manager with MOCA Systems, where she was embedded with the U.S. Army Corps of Engineers at Dover Air Force Base to support numerous construction projects.

 

Ms. Durney is a Registered Engineer, Certified Energy Manager (CEM) and holds a Bachelor of Science degree from the University of Delaware.

 

“We understand the value specialized expertise brings to the team, particularly for the agencies where they have increased reporting standards as of late,” said Bruno. “I’m really excited to have Rebecca on our team and her impressive background and level of expertise will undoubtedly be a value-add for all of our agency and multi-housing clients.”

  

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

 

  

CONTACT:

 

 Kristen Murphy

Director, Public Relations

JLL

One Post Office Square, Suite 1100

Boston, MA 02109

Peachtree Group Expands Executive Team with New Elevations

 

Michael Harper

ATLANTA, GA, April 8, 2024 – Peachtree Group ("Peachtree") announced the elevation of three senior executives, expanding their roles to strengthen the firm’s executive leadership team.

The promotions include Michael Harper to president of hotel lending, Jared Schlosser to executive vice president of hotel lending and head of CPACE and Michael Ritz to executive vice president of investments.

"These appointments underscore Peachtree's commitment to its core growth initiatives in hotel lending, as well as fostering talent from within our own ranks, with an eye toward further diversifying its allocation strategies as it taps into new investment opportunities," said Greg Friedman, Peachtree's CEO and managing principal.

Jared Schlosser 

Since joining Peachtree in 2014, Harper has distinguished himself through a succession of leadership roles, directing the company's credit business, particularly in loan originations and strategic acquisition of credit portfolios.

Since joining, he has led the team through over 500 investments totaling over $6 billion. As president, he is responsible for the entirety of Peachtree's credit platform for hotels, guiding all facets of the credit business.

Schlosser's promotion to executive vice president of hotel lending and head of CPACE reflects his exceptional performance and extensive knowledge of the hotel loan origination processes and the firm's Commercial Property Assessed Clean Energy (CPACE) program.

 Michael Ritz

His significant contributions since joining the firm in 2019 have been crucial in advancing Peachtree's CPACE program, which now exceeds $800 million in transactions and has become one of the largest in the U.S.

Furthermore, since taking over hotel originations at the start of 2022, Peachtree has completed more than $1.5 billion in hotel loans, further demonstrating his expertise and effectiveness in these dual roles.

Ritz has been elevated to the position of executive vice president of investments and will oversee Peachtree's credit and equity investments across commercial real estate and other ventures. 

 He joined Peachtree in 2017, and his promotion recognizes his expertise in successfully managing and growing a portfolio of investments that is now approaching $10 billion in transaction asset value.

 Peachtree was recently ranked as the tenth largest U.S. commercial real estate hotel lender, its third consecutive year in the top ten, by the Mortgage Bankers Association ("MBA") 2023 loan origination rankings.

 

 

 

CONTACTS:

 

 

Charles Talbert

678-823-7683

ctalbert@peachtreegroup.com

 

 

Chris Daly

President

DG Public Relations

(703) 864-5553

chris@dalygray.com

www.dalygray.com

 

BakerHostetler serves as legal counsel to DC Partners in Design Build Partners deal

 

Tess Wafelbakker

 NEW YORK, NY --  BakerHostetler recently served as legal counsel to DC Partners, a Texas-based real estate and development firm, in its acquisition of Design Build Partners, the New York-based design and development of mixed-used properties.

 Cleve Glenn 

This partnership brings together DB Partners, acclaimed for its project delivery expertise, with the platform, financial strength and versatility of DC Partners in completing developments of varying sizes and asset types.

 

BakerHostetler partner Clleve Glenn said  "the combined synergy of these two teams together signifies a powerful force in shaping the future of mixed-use real estate development and investment in thriving urban and rural markets alike."

 

The BakerHostetler team includes partner Cleve Glenn and associate Tess Wafelbakker, both based in Houston.

 

 

CONTACT:

 

John Garger

516-405-3113

 jgarger@rippmedia.com

 

https://www.dbpartners.us/