Westchase District Announces Charly Weldon as Organization’s President/CEO

HOUSTON, TX – Westchase District’s Board of Directors has named Charly Weldon as the organization’s President/CEO. Weldon takes over from longtime President/CEO Jim Murphy who is retiring but will remain in a consulting role.

“I was born in the old Spring Branch Hospital and lived in Westchase during the 90’s,” said Weldon. “To now be a part of developing Westchase District is very exciting.”

Weldon joins Westchase District as it continues to carry out its 380 Program with the City of Houston to fund public projects such as roads, parks, trails and drainage improvements in the area. These public investments have been leveraged by grants, charitable donations, and area stakeholder support to improve mobility, reduce flooding, and enhance the quality of life in the District and surrounding neighborhoods.

Weldon says Westchase District is also focused on the opening and programming of Camden Park, its largest destination park, playground and entertainment experience spanning 3.4 acres on Wilcrest Drive just north of Richmond Avenue.

Other Westchase District priorities, she adds, include the reconstruction, utility upgrades, and streetscape improvements on Meadowglen Lane, one of three major corridors within the District; and completing a new monument sign program to better mark the area’s boundaries. 

Weldon joins Westchase District after leading Family Houston, a non-profit organization connecting families to community resources, including food, shelter, employment assistance, mental health counseling, and financial counseling. Prior to that, she served as Executive Director of The Beacon, which works to meet the needs of Houston’s homeless population.

“Charly is a strategic leader who has great experience collaborating with a board of directors,” said Westchase District Board Chair Harry Greenblatt. “There was no doubt when we met with her that she would be a good fit with our current team.”

Weldon was chosen during an eight-month search led by a four-member search committee made up of Westchase District board members.

Roughly 53,000 people work in Westchase District and 28,000 live in the area.  In addition, more than half a million people live within five miles of the its boundaries. 

Go to WestchaseDistrict.com to learn more about the advantages of Westchase District, including the benefits of working and living in the area, its commitment to safety, mobility and beautification.

JLL expands Value and Risk Advisory Multi-housing sector

CHICAGO, JLL’s Value and Risk Advisory group announced today that it has expanded its Multi-housing sector practice with five key hires in the Dallas, Denver and Phoenix markets. The new hires will report to Kai Pan, Executive Managing Director and National Head of the Multi-Housing Property sector. The continued growth demonstrates the strength of the Value and Risk Advisory sector-aligned strategy, which launched in April 2023.

In Dallas, the team has added Director Michael Stavinoha, who began his career at JLL as an Analyst in 2017. After four years in that role, he went on to work at two commercial real estate companies in the Dallas area before returning to JLL this month.

Senior Director Kelly Hyde, MAI, has joined the Denver team to focus on multi-housing valuations in the Rocky Mountain region. She has more than 10 years of experience in the industry in both the Denver and Houston markets.

The Phoenix team, focusing on the growing Southwest region for the group, consists of Senior Director Jason Beakley and Analysts Micah Brittain and Scott O’Connor. Beakley has more than eight years of experience appraising and analyzing commercial real estate and was most recently a Senior Analyst valuing multifamily and manufactured housing properties in the Phoenix metro area. 

“We are really excited to welcome Michael, Kelly, Jason, Micah and Scott to the team,” said Pan. “We are starting to see more green shoots in the market and as a result want to ensure we are ready to address our clients’ needs around value and risk in the coming months.”

“Additionally, feedback from our clients has indicated that they value our service more when we specialize,” Pan added. “They expect appraisers to understand their business, have deep insights into the industry and deliver a consistent level of service and product. We’re laser focused on bringing in talented multi-housing specialists to deliver a world-class experience.”

JLL Value and Risk Advisory is the essential guide to the changing face of real estate values and risk.  Our expert value and risk specialists are here to help investors and lenders identify, mitigate and monitor risk, and optimize real estate values across all sectors and geographies.  

2,500 experts in over 35 countries analyze $3 trillion of real estate, delivering actionable risk and value insights, so investors and lenders stay ahead in the market. A global community of sector-based specialists, the team delivers tailored client solutions for your real estate and business asset interests, giving an accurate picture of value and risk across any opportunity.  

For more news, videos and research resources on JLL, please visit our newsroom.

Grayson Joins Weitzman as VP-Asset Management Dallas

Alan Grayson, an experienced commercial real estate professional, has joined Weitzman as a Vice President-Asset Management. In this role, he is responsible for overseeing the asset management of a portfolio of retail centers in the Dallas-Fort Worth area.

Prior to joining Weitzman, Grayson was vice president of leasing for Inventrust Properties, where he leased and maximized the value of 19 retail centers totaling 2.6 million square feet. Grayson entered the commercial real estate industry in 2004.

Grayson is a member of the International Council of Shopping Centers, from which he earned the Senior Certified Leasing Specialist certification.

He received a Bachelor of Business Administration degree from the University of North Texas in Denton, Texas.

Pacific Elm Properties Appoints Sara Terry as CMO

Dallas, Texas Pacific Elm Properties is pleased to announce the appointment of industry expert Sara Terry as the new Chief Marketing Officer. With over 26 years of experience in commercial real estate, including brokerage, property management, development, and construction management, Terry brings valuable expertise to the firm.

Pacific Elm Properties, established by Woods Capital in 2021, has been actively expanding its presence in Dallas through notable acquisitions. Currently, the company boasts an impressive portfolio of seven class A towers spanning 6.5 million square feet, along with nine acres of developable land in Uptown and Downtown Dallas.

Jonas Woods, CEO of Pacific Elm Properties, expressed enthusiasm about the addition of Sara Terry to the executive team. “As we continue to grow our Dallas portfolio, we recognized the opportunity to strengthen our in-house capabilities and leadership,” stated Woods. “Sara was the natural choice for us. Having collaborated with her for more than two years in a leasing capacity, we have witnessed her exceptional talent and experience, which greatly complement our team. In her role as Chief Marketing Officer, Sara will oversee all aspects of brand development, marketing, advertising, and leasing activities for the firm.”

Prior to joining Pacific Elm Properties, Sara Terry served as an Executive Vice President and Director of Agency Leasing at Colliers DFW. During her tenure, she expanded the Agency Leasing Platform by over 8 million square feet in just three years.

“I am thrilled to take on the role of Chief Marketing Officer at Pacific Elm Properties,” shared Terry. “The company’s rapid growth in recent years has been impressive, and I have had the unique opportunity to witness how they work as a company as they have expanded. They have a great culture and I’m looking forward to being a part of it.”

Trez Capital announces key leadership changes

Trez Capital, a leading provider of private commercial real estate debt and equity financing solutions in Canada and the United States, announced today that after almost 26 years as chairman and chief executive officer, firm founder Morley Greene will transition into the role of executive chairman. Executive leaders John D. Hutchinson and Dean Kirkham, will serve as co-chief executive officers, taking over day-to-day leadership of the firm.

Trez Capital’s partnership continues to undergo changes that bring new perspectives, skills and varied expertise. After 13 years with the firm holding progressively senior positions and 20 years of experience in the home building business, Hutchinson joined the partnership in Fall 2021. More recently, in early 2023, Kirkham and John Maragliano were welcomed as partners. Kirkham joined Trez Capital in 2016 as chief credit officer and has since taken on increasingly senior roles, culminating in his most recent position as president and chief operating officer. Maragliano joined Trez Capital in 2021 as chief financial officer, bringing 25 years of experience in the financial services industry. With this executive team’s diversified capabilities, Trez Capital has the right leaders in place to ensure its future success. 

In his new role as co-chief executive officer and global head of origination, Hutchinson will continue focusing on the firm’s debt and equity origination business. As co-chief executive officer and president, Kirkham will continue focusing on the key pillars of risk and capital raising for the firm. Together, they will set the mission, vision, values and strategic direction of the firm. Additionally, Maragliano will become chief operating officer, paired with his current role as chief financial officer.

In his role as founder and executive chairman, Greene will continue providing valuable mentorship to the executive team, while also actively contributing to key strategic initiatives. Furthermore, he will prioritize fostering strong relationships with borrowers and investors, which have been an essential component of the organization’s success over time.