Movers and Shakers Week Ending 06.29.18
United Properties Investment President to Retire
Eva Stevens, president of United Properties Investment (UPI) and chief operating officer, says she will retire Dec. 31, ending a 17-year tenure with the company and a 40-year career as a trailblazer in the commercial real estate industry.
Since 2015, Stevens has co-led United Properties with Bill Katter, president of United Properties Development and chief investment officer. In her role as president and chief operating officer of UPI, Stevens is directly responsible for portfolio and asset management of United Properties’ 7 million square feet of owned assets. She also oversees all aspects of company operations, including accounting, financial analysis, insurance, IT, governance, administration and human resources and is a member of the Investment Committee and the Board of Governors.
“Eva has been an outstanding leader in our organization since day one,” said Bert Colianni, CEO of Marquette Companies, LLC, the Pohlad family company that in turn owns UPI. “We look forward to her continuing leadership and guidance as we move into the second half of an important year for United Properties. And, when the time comes, we will wish her well in her retirement.”
“I have absolutely loved my job, the company and most of all, my colleagues at United Properties,” Stevens said. “But it’s time for me to make room for the next generation of leaders ready to embrace rapid change in our industry with curiosity, agility and energy. I look forward to spending more time with my family and nurturing my interests outside of work.”
Multifamily Specialist Robert Bratley Joins CBRE
CBRE announced that Robert Bratley has joined the Denver office as a first vice president with CBRE Capital Markets, focused on mid-market multifamily investment properties up to $20 million. Bratley was most recently a director with ARA Newmark’s Private Client Services team in Denver. There he sold more than $150 million in multifamily assets across Central Denver, including the recent sale of the 30-unit Jux apartments in Capitol Hill, which set a record for a boutique multifamily community at $400,000 per unit.
“Robert has had great success in Denver’s mid-market multifamily sector, securing record-breaking pricing for his clients. He understands how to help owners navigate the sale process, and we know CBRE clients will appreciate the value he brings,” said Pete Schippits, senior managing director and market leader for CBRE’s Colorado region.
Bratley specializes in working with private local owners, many of whom have owned their properties for decades.
“Apartment fundamentals across the Denver metro have been incredibly strong for several years at this point, which is bringing national and even international investor interest to this market. There are a lot of good opportunities within Denver’s mid-market multifamily sector in particular, as many of those properties have increased substantially in value in the past few years or have not yet traded hands this cycle,” said Bratley.
Bratley began his career in commercial real estate as an analyst, conducting market studies, appraisals and rent comparability studies for both market-rate and income-restricted multifamily properties in 40 markets across the United States. He received a bachelor’s degree in finance and real estate from Colorado State University.
Majestic Realty Co. adds Michael Kapoor to Assist Growing Commercenter Portfolio
Majestic Realty Co. announced the addition of Michael Kapoor to its development team at the Majestic Commercenter. An attorney with experience across commercial real estate business and legal elements, Kapoor will serve as an ownership representative and help manage and grow the company’s portfolio at the 1,500-acre industrial park located at the intersection of I-70 and Tower Road in Aurora.
Kapoor joins Majestic from the Brownstein Hyatt Farber Schreck law firm. He will provide oversight on all aspects of the park’s development from proposals and lease agreements to entitlements and future development opportunities within what has been the City of Aurora’s largest industrial development over the past two decades.
“We know that Michael adds a set of skills and experience that will help ensure that we’re taking care of our tenants with the level of care and service that Majestic has built over seven decades,” said Majestic Realty Co. Executive Vice President Randy Hertel. “Having the chance to work with and get to know him over the past several years, I know he is a critical thinker with tremendous attention to detail. His relationship building and ability to make deals work for all parties involved will be critical to our long-term success.”
Hospitality Firm Stonebridge Companies Advance Leadership Team, Promotes Four Team Members
In its corporate office in Denver, Stonebridge Companies has promoted Chris Cheney (pictured above) to its vice president of hotel performance and analytics. In this role, he will be responsible for harnessing data to help Stonebridge’s teams grow both top- and bottom-line performance.
Previously, Cheney served as the vice president of revenue management. With more than 17 years of experience in the hospitality industry, Cheney joined Stonebridge Companies in 2007 as a general manager, growing through several leadership positions and joining the corporate team in 2011. Cheney is also a member of Hospitality Sales and Marketing Association International (HSMAI)’s Americas Board of Directors.
Thomas Lloyd (pictured above) has been promoted to general manager of the Boulder Marriott. He previously served as the assistant general manager of Stonebridge’s Renaissance Denver Downtown City Center Hotel.
Lloyd graduated from Stonebridge Companies’ Aspiring Leaders program, an advanced training program supporting the development and advancement of team members. He holds a bachelor’s degree in business management from Colorado State University-Pueblo. Lloyd is also a member of the Downtown Denver Partnership’s Leadership Program.
Michael Marchese (pictured above) has been promoted to general manager of Hampton Inn by Hilton – Loveland. He previously served as assistant general manager of Hilton Garden Inn – Denver/Cherry Creek, advancing from his initial role as the property’s food and beverage director.
Bryce Walker (pictured above) has been promoted to general manager of Courtyard by Marriott – Denver/Cherry Creek. He previously served as an assistant general manager at two of Stonebridge’s Denver properties, including helping to open the Hampton Inn and Homewood Suites Downtown Denver Convention Center hotel – the first dual-branded Hilton hotel in Colorado.
Walker earned a Bachelor of Science in business management from Metropolitan State University of Denver.