Transwestern names chief financial officer

Adam Altsuler has been named chief financial officer for Transwestern.

Serving as a key member of the firm’s Executive Committee, Altsuler is charged with setting enterprise-wide fiscal priorities and overseeing all financial matters for Transwestern as it executes a bold transformation designed to scale capabilities and optimize synergies to support its mission of value creation. Altsuler succeeds Steve Harding, who held the CFO post for 21 years before being promoted to the role of Chief Transformation Officer (CTO) in 2023.

Before joining Transwestern, Altsuler was Executive Vice President and CFO of U.S. Development Group, which develops, owns and manages large-scale multi-modal logistics centers and energy infrastructure in North America. During his 10 years with the company, he oversaw corporate finance, financial planning, treasury, capital markets, accounting and investor relations activities.

Altsuler started his career in investment banking at Donaldson, Lufkin and Jenrette/Credit Suisse First Boston before serving as an investment analyst at an energy-focused hedge fund and holding financial leadership roles at Eagle Rock Energy Partners.

Altsuler earned a BBA in finance from The University of Texas at Austin and an MBA from Rice University, graduating Beta Gamma Sigma. He currently serves on the Advisory Council for KBH Energy Center at The University of Texas at Austin McCombs School of Business.

Dallas’ BBG names chief revenue officer

BBG, one of the nation’s largest independent commercial real estate services firms, appointed financial services industry leader Barrett Scruggs as chief revenue officer, a new position at the firm.

In his latest role, Scruggs will lead and manage BBG’s revenue generation efforts, and enhance overall operational efficiency between service lines. This includes formulating and executing comprehensive sales and business development strategies, identifying new market opportunities, and fostering strategic partnerships to drive sustainable growth.

Scruggs will work closely with cross-functional teams to streamline internal processes, implement best practices, and identify areas for continued improvement across BBG’s operations.

Scruggs has a wealth of experience in operations management and business growth leadership roles in the consumer financial services sector.

Before joining BBG, Scruggs served as a Vice President at SoFi Technologies. In that capacity, he created successful revenue growth strategies and led operations for the firm’s workplace benefits business. He also held other senior-level positions at the company.

Scruggs’ achievements include a prestigious military and educational background. He was a Captain and Battery Commander of the U.S. Army’s Missile Defense Unit, awarded the Bronze Star medal and graduated from the U.S. Army Ranger School. He graduated with an MBA at Columbia Business School and a Bachelor of Science degree in management from the U.S. Military Academy.

Weitzman names new SVP in Dallas-Fort Worth office

Lynn Van Amburgh has been promoted to senior vice president with the Dallas-Fort Worth office of Weitzman.

At Weitzman, Van Amburgh is responsible for leasing a portfolio of Dallas-Fort Worth retail properties, including Golden Triangle Mall in Denton.

Her retail leasing experience includes some of the most high-profile properties in Dallas-Fort Worth and in Texas, including Galleria Dallas, NorthPark Center, The Crescent, Highland Park Village, El Paso’s Cielo Visa Mall, Town East Mall in Mesquite and The Parks at Arlington.

Van Amburgh is a member of the International Council of Shopping Centers. She received a Bachelor of Science degree in Business Education from the University of Alabama in Tuscaloosa, Alabama.

Campbell Puckett joins Cushman & Wakefield as Executive Director

Cushman & Wakefield announced today that Campbell Puckett has joined the firm as Executive Director. 

Puckett specializes in representing tenants’ interests in office leasing, transaction management, strategic planning/consulting and acquisitions and dispositions, delivering industry-leading advisory services to corporate occupiers.

“Campbell is a rising star in our profession and brings a unique, innovative approach to our tenant representation efforts,” said Victoria Malkin, Cushman & Wakefield President, Central. “His addition is especially important as we help clients navigate a complex environment and return-to-office strategies. What’s more, his collaborative approach will only strengthen our industry-leading tenant rep group in Dallas/Fort Worth.”

Added Puckett, “We have an extraordinary opportunity at Cushman & Wakefield, and I’m excited to be part of it. The Dallas/Fort Worth growth story will continue, but clients face uncertainty regarding their corporate real estate. We have the right people and platform in place to help them resolve those issues and create a workplace that drives long-term business success and is ideal for employees.”

Puckett joins Cushman & Wakefield from CBRE, where he began his commercial real estate brokerage career after graduating from Texas Christian University in 2015. In the community, he serves on the Board of the American Heart Association and was named 2020 LLS Dallas Man of the Year by the Leukemia & Lymphoma Society. 

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in approximately 400 offices and 60 countries. In 2022, the firm reported revenue of $10.1 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), Environmental, Social and Governance (ESG) and more. For additional information, visit www.cushmanwakefield.com.

Paul Mefford promoted to VP of Construction at FTK

(ALLEN, Texas)- FTK Construction Services, a nationwide General Contractor specializing in Affordable Housing/LIHTC projects, is pleased to announce the promotion of Paul Mefford to Vice President of Construction, effective 2/1/2024. 

In his role as Vice President of Construction, Mr. Mefford will oversee the Preconstruction and Financial Administration of projects in FTK’s three divisions: Affordable Housing Projects, Market Rate Renovations and Insurance Restoration Projects. Mefford assumes his new position after leading the Business Solutions focus at FTK for the last two years. In that role, Meffordwas responsible for resolving process challenges, conducting contract reviews and estimating audits for an average of 250 projects annually for FTK. Mefford began his career with FTK in 2017 as a Project Estimator, quickly moving into implementing procedures and software to enhance the estimation process. Prior to joining FTK, he managed global logistic strategies with Paragon Offshore. Since 2017, Mefford worked diligently to develop FTK’s Low-Income Housing Tax Credit (LIHTC) Project estimating processes, contributing to the completed contracts for over 5,300 units and $310,000,000 in contract value. Mefford graduated from Northwestern State University with a bachelor’s degree in business administration, then received his master’s degree in finance from Sam Houston State University.

Mefford is based out of the DFW area and enjoys spending his free time at his family ranch in Central Texas.

Northmarq adds SVP reporting to Austin office

Northmarq has announced the addition of Ryan Shoars, senior vice president, to its debt and equity platform. Shoars is based in Rochester, New York, and will be responsible for affordable housing originations. He brings over 23 years experience as a trusted agency lending expert.

Shoars will report to Cheryl Higley, senior vice president/managing director in Northmarq’s Austin, Texas Debt + Equity office, and work in collaboration with the Austin Investment Sales team.

Before joining Northmarq, Shoars served for 13 years as vice president of Originations for Colliers Mortgage, previously known as Dougherty Mortgage. His responsibilities included debt placements for Fannie Mae, Federal Housing Administration, and Colliers’ bridge platform.

Prior to that, Shoars was a director of Originations at Greystone Servicing Corporation for six years where he co-managed its affordable housing program.