February 2024

12B — February 2024 — New Jersey/Pennsylvania — M id A tlantic Real Estate Journal

www.marej.com

P eople on the M ove

Carlos Sanchez Jr. joins REDCOM

Including Most Creative for trailer wrap design Hurley Real Estate and Auctions wins PAA Awards G

financial operations of the company, including the devel- opment of financial strategy and metrics. Sanchez will also evolve and monitor control systems and deliver financial reporting. "We are thrilled to welcome Carlos Sanchez to our team as Controller," said CEO Ryan Teicher. “Carlos has broad experience across many facets of accounting and finance and is well-versed in job costing and reporting. He understands our industry from multiple viewpoints and is a proven people-leader. We’re glad to have him on board.” Sanchez holds a BS degree in Business Management & Finance from Brooklyn Col- lege. He resides in Nutley, NJ. MAREJ

WESTFIELD, NJ — RED- COM , a commercial design- build engineering, architec-

REENCASTLE, PA — Hurley Real Es- tate & Auctions took home seven awards at the 2024 Pennsylvania Auction- eers Association Annual Con- ference & Trade Show held at the Sheraton Harrisburg Her- shey Hotel on Jan. 9-12, 2024. The annual Advertising/ Marketing Contest boasts 21 categories and is an op- portunity for PAA members to showcase their top-tier marketing materials from the prior year. The competition features postcards, brochures, auction photography, digital ads, social media content, and much more. The competition was judged based on the effi- cacy of visual communication, creativity, composition/layout, and overall aesthetics. Among the awards received by Hurley Real Estate & Auc- tions were first place honors

ture and construction company, is pleased to an- nounce Car- los Sanchez Jr. has joined the firm as Controller. As REDCOM moves into

Carlos Sanchez Jr.

its 42nd year, the company remains a leader in NJ in com- mercial, industrial and automo- tive design and construction. Sanchez brings over a decade of accounting and controllership experience in the construction industry to REDCOM. He will lead the

Hurley Real Estate & Auctions wins at the 2024 PA Auctioneers Association Annual Conference & Trade Show.

for their postcards featuring several high-acreage farms/ real estate auctions, as well as for farm equipment personal property/estate auction mar- keting materials. They were also awarded honors for their digital promotional content, and they earned Most Creative for their trailer wrap design

as the lead analyst in PPR’s purchasing of over $800 mil- lion worth of NPLs. He also supports PPR’s Investment Management, Investment Strategy and Finance teams with modeling, forecasting and data analysis. “As director of NPL Invest- ments I'm excited about the opportunity to maximize PPR’s NPL portfolio,” said Nelson. “I look forward to taking owner- ship of the firm’s NPL vertical, a business model I became deeply familiar with in my pre- vious role, while continuing to position PPR for viable invest- ment opportunities.” MAREJ "I am excited to begin my new role at Bergman, where I'll not only expand our portfolio but also enhance the value of our currently owned assets. The Bergman team's impressive business conduct continues to impress me, and I am enthusi- astic about assuming more of a leadership role in guiding these practices," said Rand. MAREJ within Simius’s portfolio, lead- ing to outsized returns for its investors and partners. Rand earned a Bachelor’s Degree in Sociology and Business & Organizations from Cornell University and received his Masters of Business Admin- istration from The George Washington University. featuring their new branding. Hurley Real Estate & Auc- tions is a full-service real estate brokerage and auction company specializing in farm, land, and home real estate auctions as well as estate/busi- ness liquidations, farm sales, and other personal property auctions. MAREJ

Sitex Group promotes Max Fuchsman to vice president

in the growth of Sitex since his arrival,” said principal Blake Chroman . “This promotion is recognition of Max’s abil- ity to navigate the intricate landscape of the business with finesse and strategic vision.” Prior to joining Sitex, Max was an associate with Cush- man & Wakefield’s market- leading Institutional Capi- tal Markets team based in New York. While there he focused on office, multi-fam- ily, retail and industrial in- vestment sales transactions and was involved in over $37 billion of transactions during his tenure. Max holds a B.S. in Fi- nance and Marketing from the Dolan School of Business at Fairfield University. MAREJ

ENGLEWOOD, NJ — Si- tex Group (Sitex) has pro- moted Max Fuchsman to vice

WOODBRIDGE, NJ — Bergman Real Estate Group has announced that Brian invaluable addition to the Bergman team, driving our growth and effectively leading efforts to diversify our portfo- lio. His expertise in evaluating the entire investment lifecycle of commercial properties aligns perfectly with the require- ments of this new role," said Michael Bergman , president of Bergman Real Estate Group. Before joining Bergman, Rand was president and found- er of Simius Holdings LLC, a boutique real estate invest- ment company with assets throughout the Midwestern, SE and Northeastern US. Throughout his tenure, Rand actively acquired, managed and created value for assets PPR elevates Nelson to director of non-performing loan investments Bergman Real Estate Group appoints Rand to CIO Rand has been promot- ed to CIO. Rand joined the Bergman organization in 2022 as di- rector of ac- quisitions. Rand will continue to be responsible for spearheading the firm’s acqui- sitions activity and expanding the firm’s portfolio across a va- riety of asset classes, including industrial, multi-family, office and retail. "Brian has proven to be an Brian Rand

president from associ- ate. Fuchs- man joined Sitex in 2022. In this po- sition, Fuchs- man will oversee leas- ing and ac-

Max Fuchsman

quisition processes for prospec- tive investment opportunities. In addition, he will continue to be responsible for handling portfolio management as well as disposition strategies and tactics for the firm. “Max is a highly motivated real estate finance profession- al who has been instrumental

GRCA welcomes new director of lending & business outreach

nerships. Nelson previously served as the firm’s senior ac- quisition and portfolio analyst since 2020. “Taylor has been a champion of PPR’s continued expansion into the NPL vertical and a major contributor to the firm’s success in this area,” said Steve Meyer , CEO of PPR Capital Management. “He’s very deserving of leading our NPL investment strategy, which better positions PPR to further grow this business model and deliver strategic in- vestment opportunities to our investors and stakeholders.” Since 2019, Nelson has acted

BERWYN, PA — PPR Capital Management has announced the promotion of

Program efforts, conducted in partnership with the Com- monwealth of Pennsylvania’s Department of Community & Economic Development Dept. “I am looking forward to the opportunity to help Berks County businesses grow and succeed,” Hayick said. Most recently, Hayick served as a loan officer assistant at Mortgage America, where she pre-qualified loan candi- dates and assisted them in the home-buying process. She graduated from Penn State University with a Bachelor of Arts in Communication Arts & Sciences. MAREJ

READING, PA — The Greater Reading Chamber Alliance (GRCA) announced

Taylor Nel- son to direc- tor of non- performing loan invest- ments. In this role, Nel- son will lead PPR’s Non- Performing Loan (NPL)

its recent hire of Kayla Hayick as its new director of lending & business out- reach. With- in this role, Hayick will be responsible for oversight

Taylor Nelson

of the loan programs offered through the GRCA affiliate, Greater Berks Development Fund . In addition, she will lead the Engage! Business Calling Kayla Hayick

business vertical and will be responsible for acquisitions, surveillance and performance of the firm’s NPL business line and Joint Venture part-

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