Patty Proshek has joined Avison Young’s Minneapolis office as director of its U.S. property management accounting division.
In her new role, Proshek will lead the real estate accounting services teams while providing services to the global brokerage firm’s real estate management services clients.
Proshek brings more than 30 years of real estate accounting and organizational management experience, most recently serving as global executive managing director of investment accounting and reporting solutions and shared service centers at CBRE, where she was responsible for improving and transforming the organization and assisting both external and internal clients.
Proshek will continue to focus on financial reporting and analysis, forecasting, budgeting, compliance and resource management.
“Patty is a respected leader in the industry and known for her expertise in developing and running property management accounting services,” said Randel Waites, principal and managing director of U.S. real estate management services at Avison Young, in a corporate statement announcing the move. “She will be an integral part of our growing property management team as we continue to broaden our platform to meet the complex needs of clients.”
Avison Young has bolstered its property management team with the recent addition of Gina Iverson as director of operations for U.S. property management and Eric Stone as principal and regional director of real estate management services. Stone is responsible for expanding the firm’s REMS service line across the Northeast.
Michael Palmer has joined Woodmont Properties, a national owner, developer and manager of multifamily and commercial properties, as vice president of development in Fairfield, New Jersey.
Palmer brings experience in land acquisition and site development, sourcing, contract negotiations and operations management for a range of urban and suburban multifamily projects.
Prior to joining Woodmont, Palmer held executive leadership roles at Toll Brothers and Orleans Home Builders. He earned an MBA in international business from St. Joseph’s University.
Woodmont Properties continues to expand its team, having also hired Keith Meehan as director of industrial construction, Christine Marsh as a real estate paralegal, Ty’ya Givens as digital marketing and social media manager and Padraig Ryan as a marketing specialist.
“Bringing on new team members allows Woodmont to sustain its momentum, and further support the robust pipeline of projects we have ahead of us,” Woodmont Properties President Lewis Zlotnick said in a statement.
Real estate developer and investor The Radco Cos. is growing its national investment portfolio and adding staff as it expands beyond its core multifamily and residential management services into hospitality and other commercial real estate opportunities. The firm has closed on more than $200 million in new assets this year alone.
Nicoletta DeSimone joins the company as vice president of capital markets, debt and private equity, where she will help expand Radco’s investor network, raise investment capital and manage investor relations while overseeing Radco’s debt financing strategy and management. She previously worked in acquisitions at Equus Capital Partners and began her career as a land acquisitions and development analyst for Toll Brothers.
Katie Kuhlhorst is rejoining Radco as a vice president of asset management, where she will oversee the firm’s growing portfolio of multifamily, hospitality, industrial and joint-venture assets. She previously spent nearly five years at Radco in capital markets transaction and investor communications roles before moving to CBRE in a multifamily investment sales role. She began her career at Veritiv.
In other company news, Ann-Marie Modric joined Radco as director of real estate strategies, while Radco Residential has hired Amy Mottola as a regional manager and Melissa Croce as vice president of client services.
Homebuilder Ashton Woods has promoted industry veteran Lindsay Motley to the newly created role of regional president of all Texas divisions across both its Ashton Woods and Starlight Homes brands. The company has also named Bret Bailey as president of the company’s Dallas division.
Motley is currently president of Ashton Woods’ Austin division. She brings more than 22 years of industry experience to her new role, where she will work with leadership teams in Austin, Dallas, Houston and San Antonio to drive growth across the state. Motley has experience in sales, marketing, operations, analytics, management and training, and has led the firm’s Austin division since 2018. She also serves on the executive board of the Austin Homebuilders Association.
Bailey currently serves as president of Starlight Homes Dallas. He brings more than two decades of experience to his new role, where he will lead the company’s growth throughout the Dallas-Fort Worth metroplex. Following a career with national homebuilders across the Southwest, Bailey joined Ashton Woods eight years ago, and in 2018 was tapped to launch Starlight Homes in Dallas before being promoted to division president last year.
Will James and Peter James have joined Lyon Stahl Investment Real Estate as first vice presidents in Los Angeles.
In their new role, the two will lead expansion efforts for the brokerage firm into the West L.A. markets. Founded in 2014, the company now employs over 75 agents and has closed over $2.4 billion in multifamily transactions.
The James team joins Lyon Stahl from James Capital Advisors/Ascension, where they led multifamily investments as vice president and director. Both Will James and Peter James are members of the National Multi Housing Group.
Full-service commercial real estate firm NAI Earle Furman has hired Cal Collins as a senior property manager.
Collins has more than 25 years of experience in commercial property management, and is responsible for managing the newly acquired Landmark Building in Greenville, South Carolina, along with several other downtown office properties.
NAI Earle Furman also hired Rick Habich as a property manager to oversee a portfolio of office, retail and industrial properties. Max Hoffman joined the firm as a financial analyst, and Leah Tompkins will support the retail and multifamily investment sales division as an administrative coordinator.
Privately held property management company Grandview Management Partners has hired Kari Dart as senior property manager in the firm’s San Diego headquarters.
Dart brings more than 24 years of experience in commercial property management, having overseen a mixed portfolio of office, retail and industrial properties. She holds the Certified Property Manager designation.
Grandview also promoted Vanessa Butcher to accounting manager, tasked with continuing her supervision of day-to-day client accounting operations. She has more than 32 years of property management, administration and accounting experience.
CoStar’s People of Note is a national column published each Friday covering the latest personnel moves in the commercial real estate industry. Send new executive hires and promotion announcements to [email protected]