JLL Capital Markets said it formed what it called the only all-female multihousing brokerage team in the Boston market, a unit set up to provide investment sales and debt and equity advisory services for multifamily clients in the area.

Martha Nay has been appointed to lead the newly formed investment sales advisory group as managing director. She will be joined by Director Kellie Coveney in the Boston office to offer investment sales advisory services in the region.

In a move to provide more integrated service, Nay and Coveney will work closely with Director Jacqueline Meagher, who specializes in debt and equity advisory for the property type.

The trio collectively bring more than 30 years of commercial real estate experience and have been involved in more than $6 billion in completed transactions.

The new team was formed to meet the increasing need for capital solutions within the sector in Boston. According to JLL Research, Boston demand is largely impacted by the region’s diverse and cycle-resistant employment base, including the technology and life science industries, while transaction volume in the area hit an all-time high last year.

"We are excited for the value proposition of our integrated multihousing team and plan to serve as a meaningful player in the market with the support of our platform both locally and nationally," said Matthew Lawton, executive managing director and platform leader of JLL Capital Markets' investment sales and advisory platform, in a statement.

Nay, Coveney and Meagher all joined JLL as part of the HFF acquisition in 2019.

Nay has participated in the sale and capitalization of a broad range of property types with experience in underwriting and structuring investment deals as well as construction, conventional, permanent, agency, bridge, mezzanine, preferred equity and joint-venture debt financing. Before joining HFF in 2013, she worked as a portfolio manager and assistant vice president at Citizens Bank, and earlier in her career taught high school Spanish in Baltimore, Maryland, as a Teach For America corps member.

Coveney specializes in investment advisory throughout New England related to multifamily. Prior to joining HFF in 2017, Coveney worked as a senior director at Yahoo! in New York and began her career in financial consulting with IBM's global business services.

Meagher specializes in debt and equity placement transactions in the sector. Before HFF, she worked in analyst positions at the Roseview Group and at Anglo Irish Bank.

Multifamily development veteran Jack Kachadurian joined Newmark as a managing director, responsible for marketing the sale of multifamily properties across Colorado.

In his new role, Kachadurian will work alongside Managing Director Courtney Crowder to lead the firm's apartment investment sales team in Denver. The team is supported by Amanda Meldrum and Craig Ratterman, and partners with Bryon Stevenson on multifamily land transactions.

Kachadurian brings more than 12 years of commercial real estate experience, most recently as director of investments for Forum Investment Group, where he sourced development opportunities, negotiated purchase and sale agreements and sourced preferred equity and mezzanine debt for the private firm that focuses on multifamily throughout the Southwest. Before that, he held development roles with Waypoint Residential and Wood Partners in Denver.

The Multifamily Group is continuing to grow with the opening of a new office in Tulsa, Oklahoma, and has tapped Casey Litsey to spearhead its expansion across the Midwest.

In his new role as a managing director, Litsey will focus on building the new office while handling multifamily transactions throughout the region.

Litsey joins the firm from SVN Oak Realty Advisors, where he spent the past four years selling mid-tier and workforce housing. Before that, he worked in commercial brokerage at Coldwell Banker Select in Tulsa.

Cushman & Wakefield/the Lund Co. has promoted Pamela Flynn to senior vice president of residential property management in Omaha, Nebraska.

In her expanded role, Flynn will oversee the firm's multifamily property management division and work with clients and internal leadership on securing new business.

Flynn joined the Lund Co. in 2010, and most recently was promoted in 2019 to director of residential property management, where she oversaw a team of regional property managers handling a diverse multifamily portfolio. Before that, she managed existing multifamily properties as well as new lease-up projects. She holds both the certified apartment manager and certified apartment portfolio supervisor designations from the National Apartment Association.

Randy Carballo has joined CBRE's Miami office as a senior vice president.

In his new role, Carballo will specialize in office tenant representation and agency leasing throughout the greater Miami area.

Carballo brings more than a decade of industry experience, most recently as an executive vice president at Blanca Commercial Real Estate, where he advised local and global companies on real estate strategy and oversaw key agency leasing assignments. Before that, he worked at JLL in Orlando and Miami.

National property builder Swinerton has promoted Alison Satt to vice president and division manager in Austin.

In her expanded role, Satt will lead the firm's growing operations in Texas and help grow its Austin division with a focus on the aviation, ground-up development and tenant improvement sectors.

Satt joined Swinerton in 2016, and during her time there has risen from project manager to project executive, working primarily on core and shell development of office, affordable housing and multifamily residential projects. She holds a California civil professional engineering license and earned her bachelor's degree in civil engineering from Purdue University.

Interior architecture firm Phoenix Design One has promoted Sophia Humphrey to principal.

In her expanded role, Humphrey will manage the Scottsdale, Arizona-based firm's design studio and directly oversee more than 40 buildings on which the firm is the architect of record. She also joins PDO's executive leadership team, responsible for growing the firm's presence in the industry.

Humphrey joined PDO in 2007 as an associate and senior project manager. She holds the National Council for Interior Design qualification and a bachelor's degree in interior design from the Art Institute of Phoenix.

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