48 — April 2026 — M id A tlantic Real Estate Journal
www.marej.com
P eople on the M ove
$15 billion and has consistently ranked among the top produc- ers in the Mid-Atlantic region. “No r t h - To strengthen Debt and Equity platform Northmarq adds industry veterans Butler & McFadden W ASHINGTON, DC — Northmarq wel- comes Jamie But-
Lawson partners with Hope House Foundation Norfolk Public Schools visit Market Heights Apartments
residents to live with greater independence and confidence.” The Norfolk Public Schools
NORFOLK, VA — Lawson advanced its commitment to inclusive housing and leader-
and bridge capital, as well as permanent financing. Joining Butler is McFadden, who has helped close more than $4.9 billion in debt and equity financing over the past seven years. Prior to Northmarq, he spent more than 12 years at Walker & Dunlop, most re - cently serving as senior direc- tor on the firm’s Debt & Equity Structured Finance team. “Northmarq continues to in- vest in the people and capabili- ties that allow us to serve clients at the highest level,” said Jeff Erxleben , Northmarq’s presi- dent of Capital Markets.“ Jamie and Jason add tremendous depth to our platform and reflect our broader strategy of building a national team with the exper- tise and relationships to execute complex capital solutions in any market environment.” MAREJ engagement outreach. In his new role, Bryan will lead existing business visitation and work to establish and strengthen relationships be- tween Delaware companies and statewide workforce part- ners. He also will continue to support Site Readiness Grant applications and existing business projects that emerge from his outreach efforts. Earlier this year, DPP pro- moted Erica Crell , who has been with DPP since 2022, to senior manager of Innovation. Her promotion follows that of Noah Olson , who joined DPP in 2019 and was made VP of Innovation in late 2025. Together, they drive DPP’s Innovation programming to support startups; ventures that are scaling up; and the creation of new jobs and capital investment. MAREJ
tour is de- signed to help students and their fami- lies explore options for housing, em- ployment, and commu- nity involve-
ship growth with a Nor- folk tour and new hire an- nouncement. Students and their f am i l i e s from Nor- folk Public
ler as man- aging director and Jason McFadden as senior vice president to its Washing - ton, DC, Debt and Equity team, ex-
marq’s mo- mentum in the capital m a r k e t s space is clear,” said Butler. “The firm has built a pre-
Jessica Blake
Austin Pittman
ment after graduation. For many attendees, the visit to Market Heights offered a tan- gible vision of what the next chapter could look like. In addition to accessible housing, the partnership en- sures that residents have assis- tance with essential life skills, such as budgeting, transporta- tion, healthcare coordination, and daily living activities. In other Lawson news, Jes- sica Blake has been added as regional property manager. Blake brings more than a de- cade of experience in multifam- ily and commercial property management, including Low Income Housing Tax Credit ( LIHTC) communities. Before joining Lawson, Blake served as a regional property manager at Thalhimer Multi- family overseeing large teams and a portfolio of nearly 1,000 affordable multifamily units. Blake also teaches Principles of Real Estate Management as an adjunct professor at Old Dominion University. Blake has earned a Masters of Science in Management in Real Estate and Bachelor of Arts in English/Language Arts degrees and holds a Certified Property Manager (CPM) designation. MAREJ
Schools recently visited Mar- ket Heights Apartments as part of the school division’s annual services expo bus tour, connecting young adults with disabilities to resources that support independent living after graduation. Located in Norfolk’s St. Paul’s District, Market Heights Apartments is a 164-unit af- fordable housing community developed and managed by Lawson. The community in - cludes accessible apartments and a unique partnership with Hope House Foundation, a non - profit organization that pro - vides wraparound services for individuals with disabilities. Through this partnership, residents who may otherwise face barriers to living inde- pendently have access to on- site support tailored to their individual needs. “This was a meaningful op- portunity to welcome stu- dents and families into Market Heights and show what inde- pendent living can look like with the right support systems in place,” said Austin Pitt- man , VP of Development for Lawson. “Our partnership with Hope House Foundation allows us to go beyond housing by pro- viding services that empower
Jason McFadden
Jamie Butler
mium brand with deep rela- tionships across the capital stack and a collaborative plat- form that allows producers to deliver real value to clients. I’m excited to be part of the next phase of that growth.” Butler will lead a team fo- cused on providing compre- hensive solutions across the capital stack, including joint venture equity, mezzanine
panding the firm’s ability to deliver comprehensive capital solutions to commercial real estate (CRE) developers and owners nationwide. Prior to joining Northmarq, Butler led capital markets teams at Walker & Dunlop and CBRE. With more than 20 years of experience, Butler has arranged financing for CRE transactions totaling more than
WILMINGTON, DE — Delaware Prosperity Part- nership (DPP) , the statewide Delaware Prosperity Partnership announces staff promotions Spinoff Events. Kopistecki has also promoted Delaware do- mestically and internationally
at site selec- tor gather- ings and in- dustry trade shows across the United States and abroad. B r y a n Mack t o
economic de- velopment organi za - tion, has an- nounced the following staff promo- tions: M e g a n Kopistecki
Megan Kopistecki
Bryan Mack
senior manager of Existing Business Engagement. Bryan joined DPP in 2022 and has worked on business attrac- tion, expansion and retention projects for companies such as BlindSight Delaware, CP Cases and Fishers Popcorn. He also has ushered through nu- merous Site Readiness Grant applications and conducted dozens of on-site visits as part of DPP’s existing business
to director of Business Devel- opment. Since joining DPP in 2019, she has contributed to the organization’s work by suc - cessfully supporting numerous high-profile attraction, expan - sion and retention projects, including Agile Cold Storage, Aldi, Corteva Agriscience and DuPont/Qnity. She also has organized DPP events that showcase Delaware, including SelectUSA and its regional
Drucker + Falk welcomes Plum as CFO
reporting and compliance, managed complex capital structure initiatives, and part- nered closely with the Board of Directors and Audit Com- mittee on governance and strategic directives. A Certified Public Ac- countant, Plum’s experience spans partnership taxation, auditing, HUD and LIHTC- regulated properties, large- scale acquisitions and dis- positions, and sophisticated debt financing transactions. She has a proven track re- cord of strengthening inter- nal controls, enhancing fi - nancial reporting infrastruc- ture, and driving operational efficiency across growing organizations. MAREJ
NEWPORT NEWS, VA — Drucker + Falk (DF) announced that Crystal
Raven Property Advisors launches Capital Markets Division
Plum has accepted the role of chief financial of- ficer and has joined the company as of March 16, 2026. P l u m
throughout the United States, delivering comprehensive financing solutions across the full capital stack. Together with Raven’s investment sales business, the platform enables the firm to advise clients on both transaction execution and capital strategy. The Capital Markets divi- sion of Raven was launched by Ben Daniels and Scott Kummings , who bring ex- tensive buy-side investment, development, and capital mar- kets experience to the firm. “I’m thrilled to expand our ca- pabilities into capital advisory
NEW YORK, NY — Raven Property Advisors has hired Jared Sobel as principal
and have Jared join the team,” said Rich Velotta , Founder of Raven Property Advisors. “He’s an incredibly intelligent and talented real estate finance professional, and his addition further underscores our com- mitment and ability at Raven to provide a complete service for our clients. The capital markets division now allows us to provide a full set of capital markets services.” Sobel joins Raven after six years as senior managing director at Walker & Dunlop and five years as executive vice president at CBRE. MAREJ
of its newly l aun c he d Capital Mar- kets division, bringing on a veteran multifamily finance advi - sor who has closed more 1,000 transactions.
Crystal Plum
brings a background in finan - cial leadership, most recently serving as chief financial of - ficer of Wheeler Real Estate Investment Trust. In that capacity, she oversaw finance and accounting operations for a multi-entity real estate investment platform, led SEC
Jared Sobel
The new division will pro- vide debt brokerage services and capital advisory for real estate owners and sponsors
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