12C — August 19 - September 15, 2022 — Owners, Developers & Managers — M id A tlantic Real Estate Journal


P eople on the M ove

Jeffrey Euclide of Entech announces retirement

New hire will help build upon decades of success Diversified Properties taps Peter Matarazzo as CFO

to create a company that offers leadership opportunity and growth to all for the purpose to sustainably create and improve our built environment.” Incoming president Robert J. Weir, PE said, “Jeff has led Entech through a tremendous period of growth in recent years by keeping our team focused on our core values of commitment, trust, and quality. This has provided the firm a foundation to build long-term relationships with our clients and employees. We have been carefully plan- ning this transition for the last few years and I am looking forward to building upon our success, providing a wonderful culture for our team to flour - ish, and delivering unrivaled service as we help our clients make more informed decisions.” A Rewarding Career Upon graduation from The Pennsylvania State University with a degree in mechanical engineering, Jeff spent several years on construction projects for Pacific Gas & Electric con - structing hydroelectric pumped storage projects in California’s Sierra Nevada. In 1984, decid- ing to return to Pennsylvania he joined a small, fledgling consulting engineering firm located in downtown Reading, focused on energy engineering. As the company grew, Euclide became a recognized leader and owner, accepting a role as Principal in 1994. In 1998 the company founders, Tom McMahon and Bill McMahon (unrelated), retired and Jeff assumed a larger leadership role joined by fellow Principals Dan Castellani and Matt Lloyd. Euclide was named President in 2012. Under his leadership Entech has flourished. The fo - cus on people and culture has provided the foundation for the firm to grow to more than 150 employees across seven offices and enjoy recognition as one of the top Pennsylvania Best Places to Work for the past 3 years. MAREJ management program. Her leadership will enhance the management of Denholtz Prop- erties’ existing multifamily portfolio while ensuring the seamless onboarding of its planned acquisitions across NJ and the Southeast. Previously, Peters served as regional property manager for Morgan Properties, a national real estate investment and management company. MAREJ

READING, PA — Jeffrey C. Euclide, PE , president of En- tech Engineering, Inc. has


Prior to joining Diversified Properties, Matarazzo served as CFO and Controller with Arete Management, a New York City-based developer of low-income and affordable housing with a portfolio of 18 Low-Income Housing Tax Credit buildings in New York City and over 80 affordable housing, commercial and mixed-use properties in Hud- son, NY. Matarazzo presided over all financial reporting items, including monthly clos- ing of books and records, fi- nancial statement preparation in accordance with GAAP, ac- count reconciliations, investor reporting and tax filings for over 50 entities consisting of development, real estate opera- tions, commercial properties and non-profits. “Peter’s previous work with “The success of our Larken Living portfolio has only been made possible through the hard work, creativity and adaptabil- ity of our entire team,” said Jessica Heckman , director of residential asset manage- ment of Larken Associates. “We welcome Jasmin to Larken Associates and are confident her addition will provide our team with another experienced and driven professional who is keenly focused on delivering an industry-leading residential experience for everyone who calls our portfolio home.” Larken Living’s New Jersey portfolio currently spans three completed communities and two under-construction com- munities scheduled for comple- tion later this year. The newest property in the portfolio is Hillsborough Village Center, a 191-unit mixed-use community in Hillsborough, that welcomed residents in 2021 and will be

Arete Management exemplifies his attention to detail and his ability to drive financial success at multifaceted and fast-moving organizations,” said Diversi- fied Properties founding and managing partner Nicholas Minoia . “We are excited to welcome Peter to the team and look forward to working with him to continue to execute our real estate investment strategy in the years to come.” Matarazzo added, “From the moment I had my first conver - sation with the executive team at Diversified Properties, it was clear that they have the vision and creativity needed to suc- ceed in today’s commercial real estate industry. I am honored to join one of the real estate indus- try’s most experienced executive teams and help them build upon their decades of success.” MAREJ

ONTVILLE, NJ — Diversified Prop - erties , one of the

announced plans for re- tirement af- ter nearly 40 years with the company. Eu c l i d e will be suc- ceeded in his role as presi-

region’s most experienced commercial/ residential real estate developers and owners, announces the hiring of Peter Mata- razzo as CFO.

Jeffrey C. Euclide

dent by Robert J. Weir, PE , on September 28th, but will remain Chairman of the Board until the end of 2022. Reflecting on his time at Entech, Euclide shared, “Since joining the company I have found the company culture to be one that allowed me to re- main engaged and challenged. I have enjoyed working with a highly talented team of profes- sionals to grow the company from a small, start-up energy consulting firm to a profession - ally managed company with more than 150 employees help- ing clients across the country make more informed decisions. I am most satisfied that we have “sustainable leadership” where we give key employees the opportunity to develop their leadership skills so they can one day own and lead the company. Bob and I have been working closely together on my transition to retirement. I am confident Bob and the rest of our Leadership Team are ready to take Entech to continued growth and success.” After working alongside Jeff for 15 years, fellow prin- cipal, Lenette Wells, RA , expressed, “Jeff’s optimism, strategic thinking, boundless energy, and willingness to ex- periment in changing and dif- ficult circumstances has been the foundation of our transfor- mation and growth throughout his presidential leadership tenure. Demonstrated in his persistence to try new things and tolerance of failures, Jeff’s approach is fueled by a vision RED BANK, NJ — Den- holtz Properties announced the hiring of Kayte Peters as multifamily regional manager. Peters brings over 17 years of expertise with a dedicated focus on proactive community man- agement and internal training to her new role with Denholtz. As multifamily regional man- ager, Peters will leverage her experience to build a long-term, scalable residential property

Peter Matarazzo

In his new role, Matarazzo will work closely with Diversi- fied Properties’ executive team to streamline the firm’s opera - tions and finance departments through the addition of new op- erational workflow efficiencies, the restructuring of manual processes and improving the adoption of the latest real es- tate and business technologies.

Larken Associates taps Robertson as regional property manager NJ portfolio

completing its final units later this month. The company also welcomed Autumn Ridge, a brand-new 198-unit multifam- ily community in Lopatcong to its portfolio last year. Also located in Lopatcong, Warren Heights is a 414-unit multi- family community that was constructed by the firm in 2002. The firm’s two under- construction projects will add over 500 luxury units to the portfolio upon their completion in 2022. Scheduled to welcome its first residents this summer, The Reserve at Crosswicks will bring 272 units to Bordentown and The Ridge at Readington will bring an additional 254 units to Readington in the fourth quarter of 2022. In ad- dition to its expansive New Jersey portfolio, Larken Living boasts a large Pennsylvania portfolio spanning 1,400 units with another 420 units in the development pipeline. MAREJ Denholtz adds regional manager to oversee growing multifamily portfolio

BRANCHBURG, NJ — Larken Associates has hired Jasmin Robertson as region-

al property manager for New Jersey. Robertson joins Larken Associates after previ- ously serving as regional leasing and

Jasmin Robertson

operations manager for the KRE. In her new role, Robert - son will oversee the manage- ment of Larken Associates’ rapidly growing New Jersey Larken Living luxury multi- family portfolio. Robertson will leverage her deep experience in residential property man- agement and leasing to drive superior resident service and strong leasing activity across the portfolio to build upon Larken Living’s reputation for residential excellence.

BETHESDA, MD — Fin- marc Management, Inc. , a commercial real estate invest- ment and management firm headquartered in Bethesda has announced the selection of Molly Badger as director of leasing. She brings four years of commercial real estate experience to this new position and was formerly real estate manager for MyEyeDr., a healthcare company with more Finmarc Management selects Badger As director of leasing than 800 vision care centers in 28 states. In her new position, Badger will oversee day-to-day mar- keting and leasing functions for a portion of Finmarc’s port- folio of more than seven million s/f of commercial office, indus - trial/flex and retail properties situated in the Mid-Atlantic re- gion. This includes identifying organizations interested in ex- panding or creating a presence in a particular sub-market; handling lease negotiation and renewal activities and forming and strengthening relation- ships with the commercial real estate brokerage industry. Badger will also formulate and execute specific marketing and leasing strategies designed to maintain peak occupancy levels and build value, with a focus in the Washington, D.C. Metropolitan area. MAREJ

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