M id A tlantic Real Estate Journal — Owners, Developers & Managers — January 2025 — 25A
www.marej.com
O wners , D evelopers & M anagers
Kazanjian, Herzog, Cohen, and Hulsh secure financing with Bank of America for client IPA Capital Markets arranges $174M acquisition financing and JV equity for NJ multifamily asset
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investment manager. “The acquisition represents a significant value-add opportu - nity for the sponsor,” said Ka- zanjian. “In Q4 2024 alone, our team secured approximately $150 million in JV equity part- nerships with an additional $100 million in progress. We are excited about the continued momentum as we begin 2025 and look forward to further expanding our business. With over $1.5 billion currently in the market, we remain active and committed to delivering exceptional opportunities for our clients.” MAREJ
EST NEW YORK, NJ — IPA Capital Markets , a divi-
sion of Marcus & Millichap specializing in capital markets services for major private and institutional clients, has secured $174 million in joint venture equity and debt fi- nancing for the acquisition of 55 Riverwalk Place, a 348-unit multifamily property located in West New York, New Jer- sey. Built in 2006, the prop - erty is located adjacent to the Hudson River, directly across from Manhattan. The New York-based IPA Capital Markets team of Marko Kazanjian, Max Herzog, An- drew Cohen and Max Hulsh Woodmont Properties expands leadership team FAIRFIELD, NJ — Woodmont Properties (Woodmont) has expand- ed its leadership team, in- cluding the appointment of Blaise Lucas, CPA , as VP of accounting. This expansion will support the company’s robust pipeline of over $2 billion in commercial and multifamily projects in key markets across the Northeast and Southern United States. As part of its commitment to growth, innovation and positioning its leadership for future success, Woodmont looked first to its in-house team and is proud to highlight several recent promotions: Louis DeVos , who was promoted to senior VP of Property and Commercial Asset Management. Melanie Diaz , who now serves as VP of Business Opera - tions and System Integration. Chris Camy , who was pro- moted to VP of Marketing. John O’Donnell , who was promoted to director of Portfolio Operations. Ty’ya Pettis , who is now director of Strategic Marketing and Communications. Nicole Erbaio , who now serves as director of Property Systems and Compliance. Additionally, Woodmont welcomed two professionals to its industrial team, Wood- mont Industrial Partners : Danielle Versnel as asset coordinator and Cole Kresh- pane as assistant project manager. MAREJ
Marko Kazanjian
Max Herzog
55 Riverwalk Place
arranged acquisition financing with Bank of America on be- half of their client, a new joint venture between a NYC-based
multifamily owner/operator focused on acquiring value-add apartment assets in the North- east and a global institutional
Andrew Cohen
Max Hulsh
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