Chicago & Midwest CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Chicago, Midwest | Weekly People & Companies for April 26, 2024
KeyBank Real Estate Capital has appointed Patrick Kempton as the Midwest Regional production manager for a team focused on multifamily lending in the Midwest region. Kempton is responsible for a team originating loans for the multifamily sector. He is based in Chicago and reports to Janette O’Brien, Head of Multifamily Production at KeyBank. Prior to joining Key, he was a managing director of originations at PGIM Real Estate, and he also held positions at Huntington Capital Corp and Bank One Capital Corp.
Jacqueline Loftis and Amanda Simon have joined Cresa as principals with the firm’s project management group in Chicago. The duo will focus on growing the local team while also managing large-scale, multi-site national assignments with a special emphasis on retail.
– Loftis is a seasoned professional with over 25 years of experience in sales and business development environments within the construction and project management arena. She joined Cresa from Coolsys, where, as director of business development, she helped drive growth to expand the firm’s presence.
– Simon joins Cresa from Sevan Multi-Site Solutions, where she was vice president of operations, responsible for the establishment of programs and teams to facilitate multi-site scaling for global companies. She previously worked for Amazon, Fresh Thyme Market, Inland and the John Buck Company.
Campusville, a Farbman Group company, announced the addition of seven new maintenance employees to support the company’s growing student housing portfolio. The group will be focused on the firm’s concentration of student housing assets located in East Lansing. The maintenance team will be led by Dustin Sible as a maintenance supervisor, and includes James Ashley, Paul Baumgras, Matt Edwards, Brendan Hook, Charlie Weiss and Jeremy Whiting as technicians.
Lee & Associates negotiated a 106,120-square-foot lease renewal and expansion at 300 Airport Road in Elgin. Kenneth Franzese, SIOR; John Cassidy, SIOR; and Jeff Janda, SIOR—all Principals at Lee & Associates—represented the building owner, LINK Logistics. The tenant, UVA Distributors, was represented by Mike Berkowitz of Entre Commercial.
Michigan-based Friedman Real Estate’s Jordan Friedman and Robert Gagniuk recently sold the 73,323-square-foot New King Center office building at 5600 New King St. in Troy. Friedman represented the seller in the transaction.
