People moves: Allianz Real Estate expands US team; Heitman rehires Mercer [updated]
Allianz Real Estate, Heitman, Starwood Capital, Relendex, Warehouse REIT, Voya Investment Management, KKR, King & Spalding, Arnold & Porter, Queensberry Real Estate, Milligan, PFA Real Estate
Allianz Real Estate – has appointed Michael Cale as co-head of debt investments and Karen Horstmann as head of equity acquisitions. Both roles will focus on the company’s US business. Cale will lead the national origination team to cover Atlanta, New York and Los Angeles. He joins Allianz from Voya Investment Management where he held the position of senior VP, head of capital markets. Horstmann will join in September to lead the equity acquisitions team from the New York office.
Heitman – Caleb Mercer has rejoined the global real estate investment management firm’s European private equity group as managing director. He is responsible for originating, structuring, completion, and managing investments throughout Europe. Mercer was previously with the firm from 2012 to 2015. In his previous role with Heitman, he was senior vice president, acquisitions. Caleb formerly served as a senior vice president, European acquisitions at Starwood Capital. He began his career as an analyst with Merrill Lynch. He has also held real estate roles with AXA Investment Managers and JER Partners. Chasity Boyce has joined to head the firm’s inclusion and diversity. In the newly-created role, Boyce will be responsible for setting the firm’s global inclusion and diversity strategies and initiatives.
PFA Real Estate – The property arm of Denmark’s biggest commercial pension fund PFA has appointed Morten Mygind as its senior development manager, replacing Lars Bramsen. PFA Real Estate said Mygind is joining the firm from his most recent position as head of studio at Friis & Moltke architects. Prior to this, he also ran his own studio for eight years and worked as an architect for the Danish firms 3XN and Arkitema Architects.
KKR – Jérôme Nommé has been hired to lead the investment firm’s private equity investing in France, to work across all investment platforms, including infrastructure, real estate and credit. Nommé joins as a member, effective from 1 September 2019 and will be based in Paris. Nommé joins KKR from Sun Capital, where he was a managing director. Before joining Sun Capital in 2011, Nommé was a partner at EY in Paris in the corporate finance team, working with clients on a range of M&A engagements.
Milligan – Stuart Harris has joined the retail developer as COO. Harris was previously a co-founder and director of Queensberry Real Estate.
King & Spalding – The international law firm has added real estate lawyers Scott Levine and Christine O’Connell as partners in the corporate, finance and investments practice group in New York. The pair join from Arnold & Porter, where they were both partners. Both partners focus on commercial real estate finance and development, representing clients across all types of real estate transactions, including major investment banks, private equity funds, hedge funds and other institutional lenders. Levine represents a variety of lenders in mortgage and mezzanine originations, workouts and restructurings. He also advises on the acquisition, financing, holding and disposition of real estate assets, including lodging and hospitality properties, retail, office buildings, mixed-use projects and undeveloped land. O’Connell works with major investment banks, private equity funds, and other financial institutions in the origination, acquisition, disposition, and restructuring of various real estate assets. Her practice covers the structuring and negotiating of commercial agreements and complex loan transactions.
Relendex – The peer-to-peer lender specialising in the UK property market, has appointed Claire Newman as head of lending operations. Newman joins from Masthaven Bank, where she was head of underwriting in the short-term lending department. She began her career at Instant Access Properties, before moving to FiLGroup in 2008 where she was a property development assistant.
Warehouse REIT – The AIM-listed specialist warehouse investor’s external manager, Tilstone Partners has appointed Greg Lacey as asset manager for the north-west UK. Lacey will be responsible for managing Warehouse REIT’s portfolio of urban warehouse assets in the region. Lacey will be based at Tilstone Partners’ regional headquarters in Chester. He joins from Commercial Estates Group. Before that he worked as an asset manager within Asda’s real estate team, across its retail, land and investment portfolio in the North West, Yorkshire & East Midlands.