Lincoln Residential Services The Foster City, Calif.-based apartment management affiliate for the Western region of Lincoln Property Co. has named Richard Fisher president and CEO.
LCOR Inc. Peter P. DiLullo has been promoted from COO to president and CEO of the New York-based developer.
Amerimar Enterprises Inc. The real estate investment,and management firm based in Philadelphia has named Gerald M. Marshall, a managing director of the firm, president and COO. Peter Linneman, who will be taking a sabbatical year from his position as director of the Wharton Real Estate Center at the University of Pennsylvania, will join Amerimar as a managing director and vice chairman of the Investment Committee.
Regency Realty Corp. The Board of Directors of the Jacksonville, Fla.-based owner, operator and developer of grocery-anchored neighborhood shopping centers has elected Martin E. Stein Jr. chairman and CEO. Stein, who has been president and CEO, succeeds Joan Wellhouse Stein, who will become chairman emeritus.
Grubb & Ellis Co. John G. Orrico, formerly senior vice president and district manager for the full-service real estate firm's West Orange and Princeton, N.J., offices, has been promoted to president of the Eastern region.
Urban Land Institute James J. Chaffin Jr. began serving a two-year term as president of the Washington, D.C.-based nonprofit education and research institute on July 1. Chaffin, who is president of Chaffin/ Light Associates in Snowmass, Colo., was elected at the group's fall meeting.
Heitman Capital Management Mary Ludgin has been promoted from managing director to the newly created position of chief operating officer of the-based full-service real estate investment firm.
CRI Inc. The Rockville, Md.-based apartment owner has promoted Susan R. Campbell to executive vice president and COO. She was most recently a senior vice president for the company.
Chesterton BinswangerLori G. Brown, formerly a managing director at Mesirow Stein Real Estate Inc., has been appointed executive vice president of the Philadelphia-based full-service real estate organization's Binswanger Advisory Group.
The Multifamily Housing Institute,Washington, D.C., has named Shaun M. Brady to be its new executive director, replacing Matthew B. Slepin. He also has been named to the Urban Land Institute's new senior management post of chief information officer. NREI asked Brady about his new roles.
NREI: What role will you be taking as MHI gears up for the launch of AptData?
Brady: Education and outreach are my top priorities. We want everyone connected to the industry to understand AptData's many uses and, therefore, are reaching out to apartment owners, lenders, the capital markets and property managers. We also want the industry to be ready to use AptData by the time we are on the Internet early next year. Our challenge is to make sure we always stay current with industry information needs. To that end, we are now conducting focus groups with members from the private and public sectors as we define the structure and agenda of a Research & Publications Council. This body will address the multifamily industry's needs for various standards, indices and benchmarks. In addition, we are exploring links with industry organizations,providers and others.
NREI: What mark do you hope to make as CIO of ULI?
Brady: ULI and the Multifamily Housing Institute have nearly the same mission. As the premier research and educational organization serving real estate as a whole, ULI is well-positioned to serve as a model for how real estate and capital can harness information and technology. I will be looking for ways to help make this happen. AptData is a specific way to meet the needs of one sector of the real estate community, and we can use it as a model for how we can better serve the rest of our members. We also intend to build on the success of the Dollars and Sense books and ULI's other services and printed resources -- using technology where it helps us prepare to enter the next century.