18A — September 25 - October 15, 2015 — M id A tlantic
Real Estate Journal
www.marejournal.com
P eople & C ompany N ews
Greenbaum, Rowe, Smith & Davis LLP partner Community Assoc. Practice Group names Li to chair
Martha Snider joins Castle Lanterra Properties
SUFFERN, NY — Mar- tha Snider has joined Castle Lanterra Properties (CLP) ,
estate experience and strong leadership skills will be vital in further establishing our presence in that region and de- veloping relationships within the brokerage community and with prospective tenants and owners.” Charlton brings 12 years of experience in industrial real estate, most recently as Prin- cipal and senior vice president of investments for KTR Capital Partners, where he led busi- ness development for indus- trial acquisitions and land development opportunities on the East coast. Charlton holds a Bachelor of Science degree from Wake Forest University and a Master of Business Ad- ministration from The Whar- ton School of the University of Pennsylvania. n Some businesses make the mistake of believing that after a succession plan is written, there is allegedly no need to re- vise it. This is a major mistake since succession planning is a dynamic process that involves training, hiring, internal de- velopment, and external mar- keting. Succession plans must remain current and relevant and they need to be periodically updated and revised to address changes in the market place that the business is currently facing and will face in the future. #10: Develop a succession plan without considering the “What Ifs?” and not ensuring the necessary pro- tection for all parties con- cerned. The succession plan needs to have contingencies. n A resident of NewCity, Snider joins CLP from PDI, Inc., where she worked with the firm’s executive team. She had pre- viously held similar positions over many years with Tishman Speyer, where she was involved in various projects including the construction of the new Yankee Stadium. She holds a Bachelor of Arts fromSUNY-New Paltz. n Martha to the Castle Lanterra family,” said Rieder. “Our focus continues to be on providing a high level of service to our partners, and we look forward to working with her as we continue that effort.”
Sm i t h & Davis LLP announced that Chris- tine F. Li h a s b e e n named chair of the firm's C o m m u - nity Asso- W
a n n o u n c e d Elie Rieder , founder and CEO of the p r i v a t e l y - held, Suffern- based real es- tate company. With 14 years of commercial
have nothing but confidence in the strength and expertise of the attorneys and other professionals at our firm who practice in this area. We look forward to Wendell remaining a vital force in our practice and the community association industry." The firm's Community Association law practice is widely acknowledged as a pi- oneer and present day leader in this complex and highly specialized area of the law. Members of our Community Association Practice Group have represented hundreds of condominiums, coopera- tives and homeowners as- sociations throughout New Jersey for over four decades. The firm has historically Lee received his master’s degree from Carleton Univer- sity and his bachelor’s degree in civil engineering from the Beijing University of Civil En- gineering. He is a member of the American Society of Civil Engineers (ASCE) and serves on ASCE’s Infrastructure Re- silience Division committee. In his new role with Colliers, Berardi will oversee project management assignments; provide counsel to the firm’s brokers, their clients, and po- tential new clients on design, engineering, and construction; and advise on the benefits and capabilities of applicable state incentives. Previously, Berardi served as VP of project management for Foit-Albert Associates where he was responsible for oversee- ing all aspects of project man- agement in the development of the Port Authority of New York & NJ’s headquarters and police department at the World Trade Center. Berardi also managed the overall renovation of Verizon’s 1.4 million s/f facility in Bask- ing Ridge. Prior to that, he served as VP of global real
been at the forefront of devel- opments that affect commu- nity associations in the state, keeping our clients promptly informed of legislative initia- tives and new developments that impact common inter- est communities and their governance. Li is a partner in the firm's Real Estate Department. Her work on behalf of community association clients includes general counseling, collec- tions, and alternative dispute resolution. She also chairs the firm's Planned Real Estate Practice Group, representing numerous top-tier national and regional developers in all aspects of planned real estate development. n Dewberry is a leading, market-facing firm with a proven history of providing professional services to a wide variety of public- and private- sector clients. Recognized for combining unsurpassed com- mitment to client service with deep subject matter expertise, Dewberry is dedicated to solv- ing clients’ most complex chal- lenges and transforming their communities. Established in 1956, Dewberry is headquar- tered in Fairfax, Virginia, with more than 40 locations and 2,000+ professionals na- tionwide. n estate for JP Morgan Chase, where he managed capital projects with a $100 to $200 million annual budget. “Cesare’s extensive knowl- edge and depth of experience will be a significant resource for our team,” said David A. Simon, SIOR , executive managing director and head of Colliers International’s New Jersey operations. “Expand- ing our project management practice will enable us to offer enhanced real estate solutions to our clients and customers.” “Cesare is a seasoned lead- er in the industry who will bring tremendous value to the growth of our project manage- ment practice across the North- east region,” said Jonathan Winikur , executive manag- ing director and head of Col- liers International’s project management practice in the Northeast. n
oodbridge, NJ — Green - baum, Rowe ,
Martha Snider
real estate and related profes- sional experience, Snider joins the firm as director of investor relations. “We are pleased to welcome
Christine F. Li
ciation Practice Group. Li succeeds longstanding Group chair Wendell A. Smith in assuming this new role. "Our firm is privileged to have had Wendell Smith at the helm of our community association practice for so many years," she said. "I welcome this challenge and
CenterPoint Props. appoints Charlton as SVP, Investments
OAK BROOK, IL — Cen- terPoint Properties an- nounced that Paul “PJ” Charlton has been appointed senior vice president, invest- ments, and will focus on grow- ing the company’s East Region portfolio. Charlton will work out of CenterPoint’s newest office at Park 80 W. Plaza, Suite 312, Saddle Brook, NJ. Charlton will work closely with regional team members in growing CenterPoint’s east region portfolio. “The CenterPoint team is thrilled to welcome PJ, and we are confident he will be in- strumental in identifying and pursuing opportunities for our growing East Region portfolio,” said CenterPoint’s chief invest- ment officer Jim Clewlow . “PJ’s wealth of industrial real reality, too many times these employees have little funding to acquire a business. If that is the case, then the current owner must develop some form of a deferred compensation plan or other alternative. #8: Fail to train your cho- sen successor. Many small businesses forget to realize that the new owners must possess or obtain very critical skills and experience to successfully run the business they are buy- ing. If key skills and respon- sibilities are missing from the background of a likely internal successor, then a part of your succession planning needs to be developed with the goal to train and develop that successor into a better and more qualified person. A specific and custom- ized training program should be developed after completing an assessment of the successor’s needed skills and identifying continued from page 2A
Baltimore, MD — Dew- berry , a privately held profes- sional services firm, has hired Dewberry welcomes Spencer Lee years, Lee is experienced in innovative structural design applications. He is currently working on the new Dorsey Mill Rd. Bridge over Interstate 270, which includes dual steel beam bridges with two spans in Montgomery County.
S p e n c e r Lee, PE , as a senior proj- ect manager in the firm’s Ba l t imo r e , office. In this new capacity, Lee will focus on bridge de-
Spencer Lee
sign and rehabilitation proj- ects, as well as other transpor- tation-related projects. Having practiced as an engineer for more than 30
10 Deadly Succession Planning . . . what specific training is needed. #9: Fail to review, revise and update your succession plan.
Parsippany, NJ — As Colliers International con- tinues to bolster its robust line Colliers International’s NJ operations adds Berardi project management team in New York.
of services, the firm has ann o un c e d that Cesare Berardi has j o i n e d i t s New Jersey o p e r a t i o n s as director of project man- agement.
Cesare Berardi
The highly-respected and accomplished industry veteran with more than 40 years of experience in project manage- ment –– ranging from real estate planning, design, and construction to the strategic capital planning of projects in both the public and private sec- tor –– will focus on enhancing Colliers’ project management practice in New Jersey, while also working closely with the
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