Movers and Shakers Week Ending 07.24.20
The Opus Group (Opus) announced today that Eric Chamberlin has joined Opus as a senior manager of real estate development. He will focus on identifying and executing multifamily, senior living, and industrial development opportunities across the greater Denver region.
“We’re thrilled to have Eric join our team and look forward to leveraging his knowledge in the multifamily, industrial and office sectors to strengthen our presence in the growing market,” said Dustin Slack, vice president of real estate development at Opus. “His experience in private equity, asset management and acquisitions will be invaluable to our clients and the local commercial real estate community.”
Opus’ Denver office has been very active with multi-family and industrial projects, which continue to see strong demand despite the current macro-economic challenges. With more than 500,000 square feet of industrial space and 1,000 units of multi-family in the Denver office pipeline, Eric will assist with current projects while evaluating future development opportunities.
“Over the past three years, I’ve traveled to Denver for asset management and acquisition opportunities while building a local real estate network,” said Chamberlin. “I’m excited to expand that network of relationships and assist the team with growing the Opus development pipeline in such a dynamic market.”
Chamberlin is joining Opus with nearly 10 years of experience in commercial real estate with deep expertise in institutional acquisitions and asset management. Chamberlin previously worked with Bristol Group; Partners Group; Holliday Fenoglio Fowler, L.P. and Shorenstein Properties while in San Francisco.
Chamberlin received his Juris Doctorate from the University of Denver Sturm College of Law and a bachelor’s degree from the University of Colorado.
Tributary Real Estate Expands Capital Advisory Team
Tributary Real Estate, a fully integrated commercial real estate firm based in Colorado, recently announced the expansion of its capital advisory team with the hire of Managing Partner Jake Meilach.
“Jake’s experience in debt and capital markets further strengthens Tributary’s robust real estate platform,” said Andy Cullen, partner and managing broker for Tributary. “Leveraging his well-connected network and vast industry knowledge, Jake effectively navigates the rapidly changing debt and equity markets and assists clients in structuring a successful capital stack for their projects.”
Meilach offers more than 15 years of experience in commercial real estate and capital markets, ranging from acquisitions, development and asset management to capital structuring, loan originations and portfolio management. Leading the firm’s capital advisory team, Jake helps clients build a capital stack for their investment and development projects, including finding efficient and competitively priced financing options and pref/bridge equity investments.
“We maintain strong relationships with traditional and alternative capital sources to present financing options that save our clients time and money,” said Meilach. “The team at Tributary looks beyond single transactions to create lasting relationships with our clients. We’re invested in their long-term success, and it shows in the results we’re able to help them achieve, deal after deal.”
Prior to joining Tributary, Jake served as vice president of finance for a privately held Denver-based real estate investment and development firm with a national portfolio of ~$1.4 billion in real estate assets under management. Jake was the lead for all capital markets implementation, strategy and management for the company and was involved in over $500 million of real estate financings during his tenure.
His experience also includes serving as vice president at RBS Citizens Bank (Citizens Financial Group) in their Institutional Commercial Real Estate department as well as managing director at PrivateBank (CIBC) in commercial real estate and credit risk management. As a lender, Jake has underwritten, originated and managed commercial loan portfolios exceeding $3 billion throughout his career.
Tributary launched its capital advisory service line, formally known as Tributary Lending, earlier this year with Dave Lederhos, who continues to serve in an advisory role.