A — October 25 - November 7, 2013 — Mid Atlantic Real Estate Journal


P eople on the M ove

The Asian RE Professional Association hosts event in NY

Experience in replacement property strategies Edmund&WheeleraddsBrown as an exchange specialist


ranconia, NH — Edmund & Wheel- er, Inc. announced

consulting & replacement property strategies to its core services of being a Qualified Intermediary for Section 1031 Exchanges. Brown has over 16 years of entrepreneurial real estate investment, development and advisory experience. This in- cludes ownership of a niche New England real estate ad- visory firm specializing in §1031 exchange replacement property solutions and private equity real estate ventures. Michael Coyle , owner of Edmund & Wheeler, Inc. and CenterPoint Business Advi- sors states; “ We are so happy to have Chris join our team. more about plans, expectations and business opportunities sur- rounding the 2014 Super Bowl. Hasenbalg also will discuss how the Super Bowl coming to New Jersey in 2014 will impact business and tourism efforts throughout the state, as well as new NJSEA projects and initiatives. “IOREBAis thrilled to host our kick-off event in the Mead- owlands—the home of the 2014 Super Bowl,” said Marc Graham , 2013-2014 president

Our expanded service model requires us to have strong consulting, communication, coordination, and financial analysis skills. Chris’ back- ground brings to us a broader range of experience in re- placement property strategies. Chris has been working with real estate investors in design- ing and implementing complex replacement property strate- gies uniquely matched to their needs. Our expanded service model requires us to provide training and consulting to our clients and their advisors. Chris brings excellent com- munication and collaboration skills to these tasks. n of IOREBA and senior director of Cushman & Wakefield of NJ. “This is an exciting time for New Jersey, and we look forward to Hasenbalg’s insight into the opportunities for busi- nesses across the state,” he added. IOREBA’s kick-off event will be held from 5:00 p.m. to 8:00 p.m. and will feature a cocktail and network hour, followed by dinner and the presentation. There will be an open bar for the entire evening. n

that Chris Brown has j o i ned our t e am . Ed - m u n d & W h e e l e r , Inc. provides capital gains tax deferral services for

Mack-Cali organizes Economic Symposium at Harborside Shown from left: Lou Perlmutter - GCP Capital Group, LLC; Tony Huang - The Heights Real Estate Company; CandiceWang - Evans Real Estate Investments; David Chen - Situs Partners, LLC; Christina Ying - Herrick, Feinstein LLP; Daniel Tang - Situs Partners, LLC; Patrick Yu - The Yu Law Firm, P.C).

Chris Brown

owners who sell and replace like kind real and personal property under Section 1031 of the IRS tax code. In the past year Edmund & Wheeler has expanded its service model to include expanded training,

IOREBA to host 2013 Kick-Off Event “The Super Bowl’s Impact & Its Opportunities for NJ”

East Rutherford, NJ — The Industrial and Office Real Estate Brokers Association of the New York Metropolitan Area (IOREBA) will host its 2013 Kick-Off Event, The SuperBowl’s Impact & Its Opportunities for New Jersey, on Monday October 28 at the Sheraton Meadow- lands Hotel in East Rutherford. Join featured speaker Wayne Hasenbalg, president & CEO of the NJ Sports & Exposition Authority (NJSEA), to learn Washington, DC — The Greysteel Company served as principal sponsor of the 13th Annual Lawyers Pitch In charity softball tournament to combat homelessness. Amajor fundraising initiative of The Washington Legal Clinic for the Homeless, the tourna- ment has raised hundreds of thousands of dollars to support TWLCH’s work and advocacy BALTIMORE, MD — The Esophageal Cancer Action Network (ECAN) has appoint- ed Francine Moreland to a three-year term on its board of directors. “It is alarming and sad how many people are affected by esophageal cancer,” Moreland said. “Increasing awareness of the link between heartburn and esophageal cancer may prevent someone from suffer- ing with this terrible cancer.” She added, “As someone who has dealt with heartburn

Shown from left: Moderators Mitchell E. Hersh, president and chief executive officer, Mack-Cali; and Carl Goldberg, co-president, Rose- land; and panelists: Tim Lizura, president and chief operating officer, New Jersey Economic Development Authority; Jay Biggins, executive managing director, Biggins Lacy Shapiro &Co.; and Philip McGovern,

The Greysteel Co. sponsors charity softball tournament in the fight against homeless- ness. “We are personally and professionally committed to this cause and are proud to support The Washington Legal Clinic for the Homeless in its mission to create a community in which safe and affordable housing is a human right,” said Matt Schwartz , Greysteel’s CEO. One of the most active multifamily advisors and in- Francine Moreland joins ECAN Board of Directors and acid reflux over the past 15 years, I am very excited to have the opportunity to work with ECAN to increase aware- ness to the public.” such as building a children’s playground, bike riding for cancer research and sending care packages to military serv- ing overseas.

partner, Connell Foley. termediaries with respect to both affordable and market rate multifamily assets in the region, Greysteel is also a major supporter of SOME’s (So Others Might Eat) Affordable Housing Development Initiative, and represented the organization in connection with its success- ful acquisition of Washington, D.C.’s Benning Road Station mixed use development site. n

Edison, New Jersey — Mack-Cali Realty Cor- poration hosted a breakfast symposium for members of the NJ and NYC commercial real estate brokerage community at its Harborside property on the Jersey CityWaterfront. The event was organized to inform the audience about the signed New Jersey Economic Opportu- nity Act of 2013. Over 100 brokers gathered to hear an esteemed group of professionals discuss the provi- sions of the Act and its impact on their collective efforts to retain and attract businesses to New Jersey. The event was moderated by Mitchell E. Hersh , presi- dent and CEO of Mack-Cali Realty Corp. and chairman and chief executive officer of its Roseland subsidiary, and Carl Goldberg , co-president of Roseland. The panelists in- cluded Tim Lizura , president and CEO of the New Jersey

Economic Development Authority (NJEDA) , Jay Biggins , executive manag- ing director of Biggins Lacy Shapiro & Company , and Philip F. McGovern , partner of Connell Foley . Lizura of the NJEDA began by explaining, “Everyone is fa- miliar with our BEIP, BRRAG, Urban Transit Hub Tax Credit (UTHTC), ERG, and Grow NJ programs… well this new Act simplifies, streamlines, and synthesizes these into just two – ERG and Grow NJ.” Hersh of Mack-Cali said, “I’m delighted that we were able to gather this impressive group of professionals to inform the audience in a very topical way, on Tuesday the Board of the New Jersey Economic Develop- mentAuthority awarded Mack- Cali and our partner Ironstate Development a $33 million tax credit so we can now begin our Harborside URL multi-family residential project.” n

A 20-year industry veteran, Moreland is the chief op- erating officer at Colliers International|Baltimore . In addition to overseeing the operations of the manage- ment company, she chairs its Community Action Team, which promotes local food, blood and clothing drives, and participates in service projects

She also has provided pro bono accounting support to Camp Puh’ Tok, a non-profit camp for boys and girls. Moreland earned both a bachelor’s degree in technol- ogy and management and a master’s degree in business management from the Univer- sity of Maryland. She resides in Spring Grove, PA. n

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