Movers and Shakers Week Ending 08.12.22
Adam Dembowitz joins JLL’s Valuation Advisory group
JLL’s Valuation Advisory group announced today that it has hired Adam Dembowitz as a managing director in its Denver office. Dembowitz will focus on driving growth and expanding the group’s West Coast platform in Colorado and California.
Dembowitz joins JLL with nearly 20 years of real estate experience spanning valuation advisory, consulting, sales and leasing, construction administration, development, and property management. His deep breadth of experience also reaches across all property types, vacant land, and special purpose projects and includes a wide variety of clients, including property owners, law firms, municipalities, developers, financial institutions, and more.
“Valuation advisory services have been in high demand and our group is continuing to grow as the market dictates,” said Tony Lenamon, Americas head of valuation advisory. “The West Coast market is an important region for our team, and we’re excited to have a professional with Adam’s depth of understanding in the space and deep bench of client relationships to expand our offerings and services to our valued clients throughout the Western U.S.”
Dembowitz will report directly to Lenamon and continue to build out the group’s services across all property types in the Western region. He is a designated member of the Appraisal Institute and an active member of the Colorado chapter of the Appraisal Institute.
“The valuation industry continues to evolve, but some core aspects of our business remain the same: clients want the highest quality work and professionalism, and valuation experts want the best work experience,” Dembowitz added. ”I’m grateful to join the team at JLL to help create a best-in-class service for our clients in California and Colorado, and across the country.”
Rocky Mountain Communities Hires Karrie Simmons as Vice President of Finance
Affordable housing nonprofit Rocky Mountain Communities (RMC), which owns and manages affordable housing communities across the state, has named Karrie Simmons as vice president of finance. Simmons has worked in finance for the past nearly 20 years.
“Karrie brings to RMC robust experience in finance in a variety of industries and in multiple roles, and we are excited to have her join our leadership team,” said Dontae Latson, CEO of Rocky Mountain Communities. “Karrie is the last of our executive new hires to round out our team. We look forward to a successful 30th year this year and many more to follow with all of our leaders now in place.”
As vice president of finance, Simmons will oversee all finance and accounting for Rocky Mountain Communities including owning annual budgets, overseeing cash management, structuring and negotiating loan and partnership documents, managing partnerships in cooperation with legal counsel, and more.
Simmons has 19 progressive years of accounting and finance experience. Her primary functions have included preparation and variance analysis of financial statements, budget preparation and comparisons, cash flow analysis, audit preparation and coordination, IRR calculations, defeasance calculations, and 704(b) analysis. She also has experience with fund accounting, private equity accounting, and corporate accounting. Her specialties include fund accounting, 704(b) analysis, partnership accounting, corporate accounting and Low Income Housing Tax Credits.
Most recently, Simmons was senior project manager for WNC & Associates for the past three years, and vice president/senior vice president at Aldon Torch Financial for more than seven years.
Simmons has a Bachelor of Arts in Business Administration from Doane College in Crete, Neb. and a Master’s in Business Administration from Regis University in Denver, Colo. In her spare time, Simmons enjoys skiing, scuba diving, and spending time with her husband, Doug, and dog, named Meatball.
SVN | Denver Commercial Announces New Hire
SVN | Denver Commercial, one of Colorado’s top producing real estate investment brokerage firms, recently announced the addition of Hanh Chung as an advisor.
“We are pleased to have Hanh Chung join us at our Denver office. She brings a wide range of business relationships in the private sector which will broaden our reach to the Colorado market,” said Managing Director Steve Kawulok. “Hanh has a strong background in analysis and research which will benefit her client base when combined with SVN’s tools, resources, and network.”
Warehouse Hotline Names Aviva Sonenreich as its Managing Broker
Warehouse Hotline, a family-owned commercial real estate brokerage specializing in industrial real estate since 1984, has announced Aviva Sonenreich as its new managing broker. Prior to accepting the new position, she was an associate broker at the firm.
“I am excited to take on this journey as the leader of Warehouse Hotline,” Sonenreich said. “One thing that has been missing from the commercial real estate space is the use of branding and technology. I want to leverage my experience and knowledge in those areas to continue pushing Warehouse Hotline to the next level. With the demand for commercial real estate growing, our ability to dominate the online space will be a net positive for both us and our clients.”
Continuing to build Warehouse Hotline’s brand on social media, Sonenreich has established a presence in the space netting over one million followers on TikTok. In addition, Warehouse Hotline has one of the largest real estate followings on Instagram.
“Many real estate brokers don’t utilize social media to maximize their presence,” said Sonenreich, who is also a member of the Forbes Business Council. “I want to utilize every tool available to increase our brokerage’s reach. Whether it’s TikTok or Instagram, we are making it easier for people to find us and recognize our brand.”
Since taking over as managing broker, Warehouse Hotline’s growth has been on display. Recently, the brokerage closed on a large land sell transaction. The company sold 320 acres near the Denver International Airport for $50 million. There are plans to build a multi-building industrial park on the property.
“Commercial real estate is on the rise, and we’ve been able to stay at the forefront of the industry because we entered the space before it was trendy,” said Sonenreich. “We’re not chasing major returns, so we are able to provide competitive prices for outstanding properties. As the managing broker, I plan to continue using that business model to grow Warehouse Hotline and thrive in commercial real estate.”
Cuningham Appoints Jacqueline Dompe as New Chief Executive Officer
Cuningham, a national design firm, is thrilled to announce the appointment of Jacqueline Dompe as the firm’s chief executive officer (CEO).
Dompe will collaborate with Cuningham’s internal and external stakeholders to oversee the firm’s strategic direction and value.
“We are thrilled to have Jacqui join the Cuningham team,” says Board Chair Margaret Parsons, FAIA. “Her deep commitment to driving positive change and her proven track record aligning brand with successful business outcomes will be invaluable to our firm as we position ourselves in a rapidly changing industry.”
Dompe has more than 20 years of experience delivering value for a variety of companies, including those in the Architecture/Engineering/Construction (AEC) industry. She has earned a reputation over her career for being future-focused and committed to progressive solutions.
“What attracted me to Cuningham was a clear and genuine shared belief throughout the firm that design must be regenerative, achieve ecological benefit, and promote social well-being,” says Dompe. “I am eager to continue influencing a healthy culture while growing the awareness of the value of our work — and of course have lots of fun along the way.”
Cuningham Director of Strategy and Board Member Jeffrey Mandyck, AIA, praises both Dompe’s strengths as a leader and her ability to question and elevate the firm’s thinking, processes, and outcomes.
“We are honored to have Jacqui lead Cuningham’s strategic planning,” says Mandyck. “On both an individual and firm-wide level, we are excited to be challenged in finding new ways to produce a clear synchronization between who Cuningham wants to be and who we are.”
Previously, Dompe has held strategic business executive roles for technology start-up companies, regional minority-owned businesses, and global fortune 200 companies, including AECOM and JLL. Her work has influenced a wide variety of project types, including healthcare facilities, sports and entertainment venues, commercial development, and public infrastructure.
“With so many great people and opportunities here at Cuningham, I am excited to begin tackling the dynamic forces, internal and external, that our clients face,” says Dompe. “Together, we will better position the firm to anticipate how these forces impact our clients’ businesses and provide greater value through a holistic approach to design solutions.”
Dompe holds a Bachelor of Arts in in Business Administration and Environmental Studies from the University of San Diego and a Professional Certificate in Urban Development & Planning from the University California San Diego.