Wood Partners promoted Carter Siegel (pictured, left) to the position of regional director of the company's mid-Atlantic region, which currently includes Maryland, Virginia, Pennsylvania, Delaware and Washington, DC.
Siegel, who spent the last seven years as director in the Charlotte office of Wood Partners, will succeed the regional director role from Leonard Wood Jr. who will resign at the end of this month.
Since joining the firm in 2006, Siegel has overseen development and finance responsibilities for new projects in North and South Carolina, Virginia, Tennessee and the Midwest. He has financed more than 2,000 multifamily units with a total capitalization in excess of $300 million.
Scott Zimmerly (right), a director for the Mid-Atlantic region, was also promoted to supervise the entire region and will report to Siegel.
As a director in the mid-Atlantic region for the past seven years, Zimmerly has been involved in the sourcing, development and financing of more than 1,500 units with a capitalization in excess of $300 million.
Prior to joining the company in 2006, Zimmerly spent five years in the investment banking industry in New York and Maryland, where he focused on mergers and acquisitions across several industries. In addition, he also has experience working in the acquisitions department of Washington Real Estate Investment Trust.