June 2024

22A — June 2024 — M id A tlantic Real Estate Journal

www.marej.com

P eople on the M ove

Equus announces leadership changes

Squires, Weilheimer & Koenig receive promotions Kislak presents promotions & new hires in FL, PA, & NJ W OODBRIDGE, NJ — The Kislak Company, Inc.

announced three executive promotions and welcomed four new salespeople in Florida, Pennsylvania, and New Jersey as part of its expansion in those markets. Jeff Squires and Matt Weilheimer were pro- moted to managing directors, Greg Koenig was promoted to a VP and Ryan Sullivan, Belus Brutus, Kevin Diet- rich, and Matt LoBocchiaro recently joined the firm in Florida, Pennsylvania, and New Jersey, respectively. “These promotions are ex- tremely well-earned and well- deserved. I welcome all our new salespeople and look forward to their successful careers with Kislak” said Jason Pucci , chief executive officer. “Jeff and Matt contribute greatly to our success and they each bring a unique skill set and successful approach to our business. I am excited for Greg and the south Florida team as they expand our services there.” Squires joined Kislak in 2007 and specializes in the sale of multifamily and retail in- vestment properties through- out northern New Jersey. He is consistently one of the firm’s top producers and serves as an exemplary guide for new sales- people and the sales team. As a managing director, Squires will help lead Kislak’s invest- ment and multifamily sales efforts in northern New Jersey and metropolitan NYC. Weilheimer joined Kislak in 1996 and specializes in the sale of multifamily properties, REO assets and other invest- ment properties in New Jer- sey, New York, and Pennsyl- vania. He is also consistently one of the firm’s top producers and has a successful history training and mentoring new salespeople. As a managing director, Weilheimer will help lead Kislak’s investment and multifamily sales efforts in southern New Jersey and metropolitan Philadelphia. Koenig joined Kislak in 2019 and initially specialized in the sale of multifamily properties in Rockland County, NY. After his first year with the firm, he was awarded its prestigious Rookie of the Year award, which recognizes a newer salesperson who records the greatest achievement during the year. Koenig recently re- located to Miami where, as a

Stephen Spaeder

George Haines

Kyle Turner

Howard Patent

Daniel DiLella Arthur Pasquarella Robert Maloney

senior VP and CFO, has been named secretary and treasurer of the board. All three remain active partners and shareholders at the firm and will continue to provide strategic direction. Haines joined Equus in 2001 and has led many of the firm’s acquisition, development and asset management initiatives. Turner joined Equus in 2008 and most recently led invest- ment execution and capital raising efforts for the firm’s comingled Fund business, programmatic ventures, and co-investments. Patent joined Equus in 1993 and has man- aged tax compliance, planning and structuring for Equus and its investment vehicles. MAREJ for flexible living spaces and community-focused environ- ments is on the rise. A survey by the National Multifamily Housing Council (NMHC) found that 56% of renters con- sider smart home technology an important feature in their apartments. Properties that invest in these technologies not only enhance resident satisfaction but also attract a techsavvy demographic willing to pay a premium for such conveniences. Selecting the right ameni- ties involves making strategic decisions that enhance the liv- ing experience while improv- ing operational efficiency and ensuring financial returns. By focusing on both resident satisfaction and data-driven management, property man- agers can create desirable communities. Embracing fu- ture trends and continuously adapting to feedback will keep properties competitive and ready to meet the demands of modern living. Jonathan Treble is found- er and CEO of WithMe . MAREJ

NEWTOWN SQUARE, PA — Equus Capital Partners, Ltd. (Equus) has announced several leadership transitions. Stephen Spaeder has been named president and CEO, responsible for overall firm direction and investment per- formance. George Haines has been named executive VP and chief operating officer, Kyle Turner has been named execu- tive VP and CIO, and Howard Patent has been named CFO. As part of the transition, longtime president and CEO, Daniel M. DiLella has been named chairman of the board. Arthur Pasquarella , former COO, has been named vice chairman of the board, and Robert K. Maloney , former collecting resident feedback through surveys. By under- standing which amenities are most appreciated and identifying potential areas for improvement, managers can make informed decisions about future investments. This approach not only helps enhance current offerings but also guides the introduction of new, high-value amenities. Adapting to Future Trends As hybrid and fully remote work models continue, ameni- ties that promote productivity will be essential in meeting residents’ evolving needs. Ac- cording to Upwork, 22% of the American workforce will be remote by 2025, representing an 87% increase from pre- pandemic levels. Residents increasingly ex- pect their communities to support their work-from- home lifestyles with tech- enabled amenities such as high-speed internet, dedi- cated coworking spaces, and smart home devices. Furthermore, the demand

VP, he is leading Kislak’s bro- kerage efforts in south Florida with a focus on multifamily sales in Miami-Dade, Broward, and Palm Beach Counties. Sullivan recently joined Kislak as a sales associate specializing in the sale of mul- tifamily and other investment properties in Miami-Dade and Broward Counties Prior to joining Kislak, he worked as a director for Keller Wil- liams’ commercial division, where he provided a wide range of advisory services. Sullivan has strong relation- ships with many key clients, major financial institutions, and asset management firms. He holds a Master of Science degree in International Real Estate from Florida Interna- tional University and Bachelor of Business Administration degrees from Florida Inter- national University and La Universidad Iberoamericana Dominican Republic. Brutus recently joined Kislak as a sales associate specializing in the sale of multifamily, and other investment properties in Miami-Dade and Broward Counties. Prior to joining Kis- lak, Brutus also worked with Keller Williams’ commercial division, where he was part of a successful multifamily team that provided a wide range of advisory services. He also built a successful mitigation and restoration business, which has provided him with a deep and practical understanding of commercial and investment real

estate. Brutus holds an Associ- ate of Arts degree in Civil Engi- neering from Broward College. Dietrich recently joined Kis- lak as a sales associate special- izing in the sale of multifamily properties in greater Phila- delphia. Prior to joining Kis- lak, he worked as a banking professional most recently as a VP and commercial credit senior underwriter for M&T Bank focusing on healthcare in commercial real estate. Previously, he was a banking officer for Firstrust Bank and an assistant VP for Customers Bank. Dietrich has assisted developers, institutions, and high net worth individuals to secure construction and permanent financing on mul - tifamily properties nationwide with underwriting exceeding $3 billion. Dietrich holds a Bachelor of Science degree in Business Administration from West Virginia University. LoBocchiaro recently joined Kislak as a commercial sales and leasing associate special- izing in the sale and leasing of retail, office, industrial and other commercial properties in central New Jersey. Prior to joining Kislak, LoBocchiaro was an intern for CBRE where he conducted comprehensive market re- search and created detailed market demographic reports and market site surveys. He holds a Bachelor of Science degree in Business Admin- istration from Monmouth University. MAREJ

continued from page 2A Choosing the right amenities . . .

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