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Bellwether Enterprise Real Estate Capital LLC (BWE) announced that Nora Keane has joined the company as its new Director of Affordable Housing Analytics. Keane brings over 15 years of experience in affordable housing to BWE and will lead the team that supports the firm’s growing affordable housing platform for transactions with Fannie Mae, Freddie Mac and private placement sources. Prior to joining BWE, Keane was the National Affordable Production Manager for Agency Finance at PNC Real Estate.
As a born and bred Texan and University of Texas at Austin alumna, Kaley has estimated projects in Texas for more than 17 years and has spent the last seven years leading preconstruction efforts for Kitchell’s Texas operations. Kaley’s passion for and ability to develop accurate budgets is bar none, allowing her to become a trusted advisor to our clients and foster strong relationships with trade partners in the Austin area. She is as passionate about people as she is projects and is integral to Kitchell’s success in Texas, and now will lead our continued growth in Austin. Kaley is the Austin Board President of the Institute for Leadership in Capital Projects.
Gensler is pleased to announce Nikki Rafie has been hired as a regional practice area co-leader for strategy; Philip Paratore has returned to the firm as Houston’s hospitality practice area leader with a focus on business development.
Rafie joins Kelly Moore to oversee workplace strategy and design for global corporations, bringing more than 20 years of strategy experience to the region and firm, most recently serving as senior director of global workplace operations at Twitter. Prior to that, Nikki led workplace transformation and real estate portfolio planning for sportswear and technology giants Nike and Intel.
Paratore served in project architect and manager roles with Gensler from 1999-2003 and 2008-2012. He has also worked at 3DI, Structure Tone, Landry’s Development, and Knoll. For the past nine years, Philip was employed as the real estate portfolio and facilities manager of a global engineering firm.
Ashland Greene, vertically integrated Dallas-Fort Worth-based multifamily real estate investment firm, announced two strategic appointments at the executive level: CFO Keith Colvin and VP of People and Culture Jessica Gemar. The company, comprised of Ashland Greene Capital, Ashland Greene Construction, AG Living—its property management company, and Ashland Greene Impact—its 501(c)(3) social responsibility entity, is strengthening its management team as it deftly navigates fast-paced company growth in what has become one of the most lucrative multifamily real estate markets.
Keith Colvin is a licensed CPA and CFA Charter Holder, with an extensive background in real estate. His background includes roles at Emersons Commercial Real Estate and Satori Capital, and most recently he served as CFO of Rainier Companies, a Dallas-based commercial real estate investment sponsor and asset manager. In these positions, he has successfully built and led finance teams, managed financial reporting, accounting, audit, and tax functions, and implemented technology solutions to enhance efficiency and internal controls.
Jessica Gemar, an accomplished human resources professional, will spearhead the company’s talent strategy to maintain an inclusive and proficient workforce. She will also oversee the human resources department for all payroll, benefits and total rewards initiatives and implementations. While also guiding the company’s learning and development program to build a world class on-boarding experience and a comprehensive training and development program for the entire organization. Gemar comes with a diverse background within commercial real estate, hospital/ healthcare operations, and more with almost two decades of experience within talent acquisition, leadership development, diversity and inclusion, organizational and cultural development and HR operations.
As part of this leadership transition, Tyler McWilliams, who previously held the dual role of CFO/COO, will now concentrate solely on his position as COO. McWilliams’ extensive experience in operations management will remain invaluable as he oversees the company’s day-to-day operations, streamlines processes and enhances operational efficiencies across the organization.
Westmount Realty Capital, a private national real estate investment firm with offices throughout the country, recently announced the addition of Managing Director of Development Kyle Russell.
Westmount is strengthening its growing portfolio and focus on the industrial market through the restoration of its development initiative, focusing first on the Dallas-Fort Worth area with plans to progress and broaden further development into a national footprint. Russell leads the new development initiative, bringing over 30 years of experience in development analysis, planning and execution. Russell will further bolster Westmount’s industrial development capacity, providing another capability that aligns with the firm’s solid industrial portfolio and time-tested reputation in this asset class.
Russell has managed diverse project teams, budgets, project schedule and consultant teams for timely project delivery. Prior to joining Westmount, Russell was the vice president of development management at Dalfen Industrial where he led industrial developments across Texas, Arizona, Utah and Pennsylvania. Before his time at Dalfen Industrial, he served as vice president of project management at Scannell Properties where he was the project lead in the Texas market for build-to-suit and logistics developments.
Russell is a native Texan and received his Bachelor of Architecture from Texas Tech University. He is also a member of the American Institute of Architects.
Partner Valuation Advisors, a national commercial real estate valuation advisory firm, appointed Erik Hill, MAI, CCIM, MRICS, as managing director in Dallas. Hill will deliver valuation and advisory services for healthcare and life sciences properties nationwide, as well as be responsible for overseeing the growth in Dallas.
Since launching in September 2022, Partner Valuation Advisors has completed more than 700 valuations across 40 states with an aggregate commercial real estate value exceeding $20 billion. The Chicago-based, technology-forward firm has grown to more than 50 employees in 20-plus markets nationally, making it one of the fastest growing commercial real estate valuation advisory companies in the U.S. Partner Valuation Advisors serves investors, lenders, investment funds, and real estate occupiers.
Hill brings nearly 17 years of commercial real estate experience. In his previous role as managing director and national sector lead of healthcare and life science at JLL Valuation Advisory, Hill focused on providing valuations for properties in the healthcare and life science sectors. That included hospitals, medical office buildings, surgery centers, imaging centers, behavioral hospitals, substance abuse treatment centers, labs, GMP/cGMP facilities and others. The array of valuation and advisory services he delivers includes real property and going-concern appraisals, fair market rent studies for lease negotiation and Stark compliance, purchase price allocations for FASB ASC 805 and ASC 820 compliance, and other consulting services.
Prior to joining JLL in 2016, Hill served on the National Healthcare Practice at Integra Realty Resources in Dallas. Prior to his career in appraisal, Hill spent 10 years as a commercial real estate broker with Coldwell Banker Commercial in Waco, Texas, where he was involved in sales, acquisitions and leasing of retail, office, industrial and multifamily properties.
Hill holds a MAI designation from the Appraisal Institute, earned a CCIM designation from the CCIM Institute, and is a member of the Royal Institution of Chartered Surveyors (RICS). He earned a broker license from the Texas Real Estate Commission, is a member of the North Texas Chapter of the Appraisal Institute and an is an affiliate member of the National Association of Realtors. Hill received a bachelor’s degree in business administration from Baylor University and an MBA from Tarleton State University.