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Did You Hear? They See Potential in the Capital of South Carolina

A Daily Look at the Movers and Shakers in Commercial Real Estate
October 2, 2018

The Trinity Partners team in Columbia, South Carolina (from left): Jake Nidiffer, Braden Shockley, Roger Winn, Nick Stomski, Macon Lovelace and Bruce Harper. Photo courtesy of Trinity Partners.

Trinity Partners, a commercial real estate services firm in North Carolina, is convinced its neighbor to the south represents untapped opportunity.

To that end, Trinity has opened a new office in South Carolina’s capital city and partnered with an established real estate team to scout opportunities there. Trinity’s Columbia office will be headed by Managing Partner Bruce Harper, a long-time broker in the city, who will oversee day-to-day operations at Trinity Columbia. The other partners are Roger Winn, Nick Stomski and Macon Lovelace, who are joined by Associates Jake Nidiffer and Braden Shockley. The team previously worked at NAI Avant, a real estate services company in Columbia.

Adam Colvin, managing partner at Trinity, said the expansion to Columbia continues the firm’s strategy of growing by being entrepreneurial and finding top talent. “We’re keenly focused on building our firm by doing what we do best for more people, in more places,” Colvin said.

Besides being the Palmetto State’s capital, Columbia is known as being home of the University of South Carolina. Winn said the city is poised for a commercial boom as the downtown area draws new interest and activity takes off in an historic West Columbia area known as the River District. “Columbia has been flying under the radar,” Winn said. “We want to make sure investors realize that they’re missing out if they don’t consider Columbia.”

In Columbia, Trinity sees potential in the same way it did when the company entered Greenville, South Carolina, five years ago. At the time, Fast Company magazine declared that Greenville “is the knowledge economy’s next big thing” and investments by and in technology companies started to grow. Last year, The New York Times named Greenville “the next major food destination” and ranked it No. 12 on its list of 52 Places to Go in 2017.

“With what we’ve seen and experienced since going to Greenville five years ago, we’re firm believers in the South Carolina markets,” Colvin said.

Did you know?  Each year, Trinity Partners supports the Pancreatic Cancer Action Network’s PurpleStride Charlotte event to raise awareness of and funds to fight the disease. In doing so, Trinity honors David Allen, its founding partner who died from pancreatic cancer in May 2014.



Starwood Retail Taps Blake to Oversee Mall Redevelopment


Starwood Retail Partners, in the midst of evaluating how to add nontraditional uses to each of its 30 enclosed malls and lifestyle centers, has hired a specialist in mixed-use development to lead the charge.

Rod Blake is Starwood Retail’s new vice president of development based in Starwood Retail’s Chicago headquarters. Blake will be responsible for identifying and overseeing the implementation of mixed-use opportunities at Starwood’s centers. He has nearly 30 years of experience in the public and private sectors, including a stint as director of real estate and development at Olympia Development of Michigan.

At Olympia, Blake served as the company’s liaison to a neighborhood advisory committee as the company worked to create District Detroit, the $2 billion entertainment and sports development centered on the new Little Caesars Arena between downtown and midtown Detroit. Blake joins Starwood from Winnsboro Forest Cos., where he oversaw teams that advised clients on the development of residential, retail and special-use projects. Other previous positions held by Blake include senior development roles at General Growth Properties (now Brookfield Properties Retail Group) and Taubman Centers, a retail real estate investment trust.

"Rod Blake's multifaceted background perfectly mirrors what we are exploring for each of our 30 enclosed malls and lifestyle centers," said Vincent Corno, senior vice president of development at Starwood Retail.

Starwood already has begun redevelopment at several of its enclosed retail centers, including the $125 million repositioning of The Shops at Willow Band in Plano, Texas, and the multi-phased renovation of Stony Point Fashion Park in Richmond, Virginia. Starwood also is adding a mixed-use complex at MacArthur Center in Norfolk, Virginia, and investing in major renovations of Northridge Mall in Salinas, California, and The Mall at Wellington Green in Wellington, Florida.



more moves


Kosmont Cos. Hires Planning Expert


Kosmont Cos., a real estate, financial advisory and economic development services firm, has hired a planning expert as a senior advisor. The Manhattan Beach, California-based company said it hired Mark Persico to work with its clients on economic and community development initiatives and issues.

Kosmont has served as a community development director for several cities over the past 18 years. They include Calabasas, West Hollywood, Seal Beach and San Bernardino in California.

“Through these experiences, Mr. Persico has developed a personal approach to community building through leadership and vision,” the company said in a statement.



Freddie Mac Promotes Lansbury


McLean, Virginia-based Freddie Mac, which provides mortgage capital to housing lenders, said it promoted longtime executive Steve Lansbury from vice president to senior vice president of multifamily underwriting and credit.

In his new position, the 20-year veteran will oversee all aspects of the firm's multifamily lending platform. He also will serve as principal manager of the division’s underwriting and credit approval process for all of Freddie Mac’s multifamily debt investments.

Lansbury replaces Deborah Jenkins, effective Monday. Jenkins will be promoted to executive vice president and head of Freddie Mac’s multifamily businesses beginning on Jan. 1, 2019.



AmTrust Title Grows South Florida Team


AmTrust Title Insurance Co. has expanded its Florida team to meet rising demand for its services in the Sunshine State.

The New York-based company hired Monica Ferradaz Lopez, a veteran real estate attorney, to grow its business and support its expansion in Florida. An attorney since 2001, Lopez’s commercial litigation practice specialized in construction and contract law, and her real estate practice centered on closing transactions for several title insurance companies and underwriters.

“Florida is an exciting market, comprising almost 10 percent of the U.S. title insurance market,” said AmTrust President Jason Gordon.


Did You Hear? is a new column focusing on real estate's movers and shakers. Send new executive hires and promotion announcements to news@costar.com.  |  Check out yesterday's issue of Did You Hear? and follow the news on Twitter @TheCoStarGroup and @TWilbert.


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