This feature presents a weekly rundown of recent significant management and board changes and personnel moves in the North American real estate industry, including U.S. real estate investment trusts and homebuilders.
C-suite changes
* HFF Inc. CEO Mark Gibson will join Jones Lang LaSalle Inc. as CEO of capital markets for the Americas and as co-chair of JLL's global capital markets board, as the two companies announced a merger March 19.
* David Carbonaro stepped down as president, CEO and a director of Prime City One Capital Corp. The company named Vikas Ranjan, president and a director of Gravitas Financial Inc., to replace Carbonaro.
* Blackstone Real Estate Income Trust Inc. appointed Paul Kolodziej chief accounting officer. Kolodziej also assumed the role of principal accounting officer from Paul Quinlan, effective March 13.
Board shuffle
* Marriott International Inc. expanded its board to 14 members with the addition of CVS Health Corp. Executive Vice President Margaret McCarthy as an independent director, effective March 19.
* Paramount Group Inc. nominated former CEO of JLL and current chairman of the supervisory board of Unibail-Rodamco-Westfield, Colin Dyer, as a director candidate at its upcoming annual meeting scheduled for May 16.
* Life Storage Inc. enlarged its board to nine members with the addition of CEO Joseph Saffire.
* Sabra Health Care REIT Inc. increased the size of its board to nine members with the appointment of Lynne Katzmann as a director. Katzmann is the founder, president and CEO of seniors housing and long-term care communities operator and developer Juniper Communities LLC.
* Willoughby Laycock joined Saul Centers Inc.'s board, effective March 14.
* Hudson Pacific Properties Inc. board member Michael Nash resigned and was replaced by Christy Haubegger, effective March 14.
Other news
* TRI Pointe Group Inc. promoted Linda Mamet to chief marketing officer.
* Cushman & Wakefield PLC named Greg Schuster president of its Global Occupier Services for the Americas.