Movers and Shakers Week Ending 01.06.23
Wells Announces New Leadership in Mountain States Region
Wells, one of the largest prefabricated building solutions providers in the United States, has promoted Steve Kloos to president/COO of Mountain States.
A 27-year Veteran of Wells, Kloos has impacted many different aspects of the business and brings years of expertise in operational leadership. He started his career in the former Ready Mix Division, ascended to general manager, and most recently served as senior vice president of quality. In this role, Kloos became heavily integrated in all of Wells’ manufacturing operations, leading efforts related to quality control, with an emphasis on continuous improvement and the client experience.
Kloos will be responsible for preconstruction, sales, engineering, operations and field and installation services throughout the mountain states. While his ultimate responsibility is achieving revenue growth, optimal performance and profitability of his facilities, he will also seek to nurture and grow other leaders at the company.
“Steve has been instrumental in building a cohesive team culture between quality and operations at Wells,” said Dan Juntunen, president and CEO of Wells. “We have seen many benefits from this, and it has been critical to the refinement of our product and ultimately, the growth of the company to where we are today.”
Regional Presidents exemplify Wells’ core values of Safe, Inventive, Driven and Collaborative, ensuring they remain visible and present throughout the organization.
“I can’t wait to get started, roll up my sleeves and hit the ground running,” shared Kloos. “I am beyond excited to bring this talented team together, to learn and build off their strengths, and make a direct impact on the Wells client experience.”
Wells is one of the nation’s largest building solutions providers, specializing in prefabricated construction solutions. For more than 70 years, the company’s advanced building processes and practices have continuously raised building industry standards for innovation and efficiency. Wells’ building solutions are used to solve design-build challenges from Canada to New Mexico, and Colorado to Indiana: creating landmarks, transforming communities, and helping businesses and individuals thrive.
Marcus & Millichap Capital Corporation Appoints New VP of Capital Markets in Denver
Marcus & Millichap Capital Corporation, a leading provider of commercial real estate capital markets financing solutions, announced the hiring of Erik Franks as vice president of Capital Markets in the Denver office.
In his new role, Mr. Franks will originate commercial debt and equity transactions for an array of property types including multifamily, office, industrial, retail, seniors housing and hospitality. Over the course of his career, he has closed more than $2.2 billion in transactions and has long-standing relationships with capital sources including CMBS, insurance companies, debt funds, and banks. He has closed numerous complex financing structures including credit facilities, preferred equity, and tax credit financings.
“We are pleased to welcome Erik to our growing team,” said Evan Denner, executive vice president and head of business. “Erik is widely recognized for his creative financing solutions and strong relationships with capital sources, which will help ensure our clients are always getting the most competitive terms available in the market.”
Prior to joining MMCC, Mr. Franks served as a vice president with CBRE Capital Markets for more than 10 years.
Mr. Franks is a graduate of Arizona State University, where he earned a B.S. degree in Real Estate. He holds a California Real Estate license and is also a member of the Mortgage Bankers Association, Urban Land Institute, and ICSC.
Kairoi Residential Announces Addition of Jeff Carara as a Community Director
Kairoi Residential, a premier, vertically integrated, multifamily investment, development and property management company, is pleased to announce that Jeff Carara has joined the company as a community director.
Jeff has more than 11 years of experience in the apartment industry and is a two-time Tribute Award nominee. He provides strong communication and leadership to his team and residents.
“Jeff is another valuable addition to the Kairoi team and we’re honored to have him working with us,” said Elizabeth Meyers, director of client services for Kairoi. “Kairoi strives to provide all of our residents with a team of individuals who are leaders in the industry and respected by their peers and Jeff embodies those characteristics."