Robin Zeigler, the former chief operating officer of Cedar Realty Trust, has set up a real estate investment firm to target mixed-use investment opportunities throughout the US.
The new company, MURAL Real Estate Partners, has earmarked over half a billion dollars to target mixed-use redevelopment and value-add renovations on existing shopping centres or multifamily products and is currently evaluating acquisitions and partnerships.
In addition to serving in the role of development lead or partner, MURAL offers a suite of third-party services, including property management, asset management, and leasing advisory.
MURAL’s founder Zeigler, was Mid Atlantic COO at Federal Realty Investment Trust from 2004 to 2015. She joined Cedar Realty where she served as CEO until last month. She serves as MURAL’s CEO.
“It is incredibly gratifying to formally launch MURAL, which brings a unique perspective to the development process, predicated upon a commitment to making long-term investments in the neighbourhoods that have previously been ignored,” said Zeigler.
“We build value alongside communities – not just within them — and will work to identify lasting solutions for underserved areas while providing equity, creating economic empowerment, and forging strong and meaningful relationships.”
In addition to serving in the role of development lead or partner, MURAL offers a suite of third-party services, including property management, asset management, and leasing advisory.
MURAL’s executive team includes Jessica Tan as VP of development. Most recently, Tan managed the mixed-use redevelopment of existing shopping centre assets in the Mid-Atlantic area for Cedar Realty Trust.
Vanessa Rodriguez has been named senior VP of marketing, PR and community relations. Rodriguez has developed and implemented strategic marketing initiatives and placemaking for development and operating mixed-use properties throughout the Mid-Atlantic and Northeast for companies such
Melanie Ramos will also be joining the team as VP of property management. Ramos has 15 years of direct mixed-use real estate experience with companies such as Federal Realty Investment Trust, Bozzuto, and Cedar Realty Trust.
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