26 — October 2024 — M id A tlantic Real Estate Journal
www.marej.com
P eople on the M ove
Son of Landmark’s COO makes significant impact Murdocca recognized at PA Chamber Annual Dinner
Phipps to succeed as president and CEO Lawson announces CEO Carl Hardee’s retirement
multiple properties, developed more than 30 new Low Income Housing Tax Credit (LIHTC)
NORFOLK, VA — Lawson has announced the planned retirement of president and
AMP HILL, PA — The Pennsylvania Chamber of Business and Industry Annual Dinner, Miles Murdocca , the 13-year- old founder of Going the Ex- tra Miles , was honored for his perseverance at the National Civics Bee competition and his remarkable drive and com- mitment to civic engagement. This recognition underscores the importance of empowering young people to effect positive change in their communities. As the son of Landmark’s COO, Barb Murdocca , Miles demonstrates that age is no barrier to making a sig- nificant impact. His initiative engages youth of all ages to foster a spirit of service and leadership essential for the next generation. Jason Grace, CCIM, SIOR, CEO and managing principal of Landmark, re- marked, “We’re proud of Miles for his achievements and the difference he’s making in the community. His dedication to C
communi - ties totaling more than 3,200 afford- able apart- ments, and currently has new develop- ments in its pipeline.
chief execu- tive officer, Carl Hard- ee , effective at the end of 2025. Follow - ing Hardee’s retirement, the company expects to ap-
Carl Hardee
Aaron Phipps
Phipps joined Lawson as SVP and CFO in 2013 and has over 25 years of investment real estate experience includ- ing acquisition, disposition, equity offering, debt financing, debt and equity structuring, underwriting, and recapital- ization along with oversight of accounting and financial reporting for both private and publicly traded companies. Phipps holds a Bachelor of Sci- ence degree in Accounting and Finance from Purdue Univer- sity and has been instrumental in managing Lawson’s finan - cial strategy and operations over the past decade. Hardee will remain with Lawson through the end of 2025 to assist with a seamless transition. MAREJ
point Aaron Phipps , current senior VP and chief financial officer, to that position. Hardee began at Lawson in 1991 as a regional property manager at Lawson Realty Corporation, Lawson’s prop- erty management subsidiary organization. His leadership earned him promotions, includ- ing president of Lawson Realty Corporation in 1996, vice presi - dent and COO of The Lawson Companies in 1999, and finally president and CEO in 2016. During Hardee’s tenure, the company grew from a 2,500- unit property management firm to a development, con- struction, and management one with over 5,100 units in its portfolio. In that time the company bought and sold
Miles Murdocca, the 13-year-old founder of Going the Extra Miles, was honored for his perseverance at the National Civics Bee competition.
civic engagement reflects the values we embrace at Land- mark, emphasizing integrity and collaboration.” Going the Extra Miles pro- vides unique opportunities for youth to engage in community service and leadership, high- lighting that small hands can create big waves. With Miles at the forefront, the move- ment continues to inspire young leaders. A sincere thank you to the Pennsylvania Chamber of
will be a great addition to our New Jersey office as we expand further throughout the northeast.” Prior to joining MMCC, Litwack was a loan originator with Meridian Capital. “I’m thrilled to join the MMCC team and be part of its commitment to excellence and innovation,” Litwack said. “This is a great chance to apply my expertise to a vibrant orga- nization, and I’m dedicated to leveraging my experience to support the success of both our clients and MMCC.” MAREJ training, and professional development initiatives. “Our mission to recruit and retain the best and brightest talent in the com- mercial real estate industry remains a major driver in St. John Properties’ sustained momentum and success,” stated Lori Rice, executive vice president, and chief financial officer at St. John Properties. “Cindy’s exper- tise will help preserve and evolve our high performing and dynamic corporate cul- ture; we are excited for her to join our company.” MAREJ Business and Industry for recognizing Miles’ efforts and supporting youth initiatives in our state. About Going the Extra Miles: Going the Extra Miles is a youth-driven initiative dedicated to empowering chil- dren to become active change- makers in their communities. By providing opportunities for civic engagement, we aim to cultivate the next generation of leaders committed to mak- ing a difference. MAREJ
Marcus & Millichap Capital Corporation expands in NJ with hiring of Litwack
Connell Foley’s RE practice under new leadership and poised for further growth
multifamily, retail, hospital- ity, self-storage, office and in - dustrial. He maintains strong relationships with local, re- gional, and national funding sources, including commercial banks, life insurance com- panies, CMBS lenders, debt funds and agency lenders. In his new role, Litwack will report to Marc Sznajder- man , head of production for MMCC’s eastern region. “We are excited to welcome Mark to MMCC,” said Sznaj - derman. “His extensive expe- rience and client relationships
SADDLEBROOK, NJ — Marcus & Millichap Capi- tal Corporation (MMCC)
and long-held reputation as one of the region’s premier real estate law service pro-
NEW JERSEY — Connell Foley has announced that partner George Garcia will
announced the hiring o f Mark Litwack as managing director in its Saddle- brook office. Li twack joins MMCC
viders. The firm is confi - dent the pair will enable the group to quickly respond to e c onomi c changes and provide a full
be joining W. Nevins Mc- Cann as co- chair of Con- nell Foley’s Real Estate and Land Use practice group. With veteran real
Mark Litwack
with over 12 years of experi- ence in the commercial real estate industry and will advise on all property types including
George Garcia W. Nevins McCann
spectrum of real estate law ser- vices to more clients than ever, according to firm managing partner Timothy Corriston . “I look forward to grow- ing the Real Estate and Land Use Group’s influence throughout the region,” said Garcia, who has dominated Jersey City’s real estate scene in recent years, guid- ing the development of the Garden State’s tallest resi- dential building—99 Hudson Street—and having been recognized as one of the New Jersey Law Journal’s “Real Estate-Midsize, Deal- makers,” primarily for his involvement as lead redevel- opment counsel for projects located in that area. MAREJ
estate lawyers Garcia and McCann at the helm, Connell Foley’s Real Estate Group’s Land Use practice group pre- pares for a bright and busy future that includes growing the team and servicing an ex- panded geographical territory. Kevin Coakley , who served as the group’s co-chair for over 20 years, will continue to con- tribute to the group’s growth in a co-chair emeritus role. The already well-established group will continue to grow under the new leadership of Garcia and McCann, who will leverage their combined 40+ years of experience and broad network of relationships in New Jersey to enhance Connell Foley’s extensive capabilities
Shelton joins St. John Properties, Inc. as VP, Human Resources
BALTIMORE, MD — Cin- dy Shelton has joined St. John Properties, Inc. , as
the company. In her new role, Shelton will be responsible for hu- man resources-related initia- tives supporting the compa- ny’s 15 regional offices, with a focus on executing talent recruitment and retention activities, employee rela- tions, talent management and executing programs aimed at maintaining a vi- brant and inclusive work- place. She will also address and oversee priorities in the entire employee lifecycle including the completion of on-boarding programs,
vice presi- dent, human resources. With a Bach- elor of Sci- ence degree in English from Towson University and a Pro- fessional in
Cindy Shelton
Human Resources (PHR) certi- fication, Shelton brings nearly 30 years of business and hu- man resources experience to
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