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Jeffrey M. Schotz, Senior Vice President/Managing Dir.-NJ Division, Reckson Associates Realty Corporation announced the appointment of Aaron H. Galileo (photo) as Leasing Associate. Galileo joined Reckson Associates from CB Richard Ellis where he was an Associate. Galileo will work with Steve Jennings, Reckson's Vice President of Leasing for the company's New Jersey division.

Galileo earned his Juris Doctor from the Seton Hall University School of Law and is currently pursuing a Masters in Real Estate Development at New York University.

He resides in Nutley.

Arbor National Commercial Mortgage, LLC announced the promotion of John Caulfied to vice president of capital markets and operations. Caulfield has more than 14 years experience with commercial and residential mortgage. He will be responsible for day-to-day operations of non-credit functions and will oversee the pricing, investor relations, and production process management, including the application, rate lock, closing, and funding functions. He manages all capital markets activities, including interest rate risk management and secondary marketing activities for Arbor. His responsibilities include the pricing and selling of Fannie Mae MBS/DUS and conduit loans and managing Arbor's pipeline to ensure timely underwriting and funding.

Before joining Arbor National Commercial Mortgage in 1995, Caulfied was vice president of secondary marketing at Arbor National Holdings, Inc. During his seven years with Arbor Holdings, he assisted in the growth of the firm from a start-up operation to a publicly held national residential mortgage corporation. Mr. Caulfield began his career at E.F. Hutton & Co. Inc., where he was a supervisory trainee.

CB Richard Ellis has promoted Steven A. Swerdlow to the position of Executive Managing Director - Eastern Division, in an appointment announced by Chairman of the Americas, Brett White.

Additionally, the company, recognizing the significance of the New York real estate marketplace, will relocate the Eastern Division headquarters to New York City.

Swerdlow will replace Skip Beebe, who has been promoted to Executive Managing Director -- Organizational Development. Both appointments will become effective January 1, 2001.

Swerdlow will remain based at the 560 Lexington Avenue office, where he will continue to work closely with Managing Director Allan Rothschild in running the New York operations.

Swerdlow joined CB Richard Ellis in 1990 as Managing Director of the New York City office. He was promoted to Senior Managing Director of the New York Region in 1995. During his leadership role at CB Richard Ellis, Swerdlow helped grow New York area revenues tenfold. He led cultural and organizational changes that accelerated the company' growth in New York, emphasizing areas such as Corporate Services, Consulting and Strategic Planning, and Real Estate Investment Banking, leveraging the distinct competitive advantages of the world's largest and most diverse real estate services company.

The Staubach Company has announced that Charles H. Dillon has joined the company as vice president of Staubach's New Jersey office.

In his new position, Dillon will be concentrating on new business development and client service. Prior to joining The Staubach Company, Dillon was employed by CB Richard Ellis, Inc. As part of a corporate advisory team, he was dedicated to serving the real estate needs of major corporations and financial institutions nationwide. Specializing in tenant representation, Dillon was one of the top sales producers at CB Richard Ellis' Central New Jersey office. In addition, he was a member of an exclusive listing and marketing team for Koll Corporate Plaza Associates' 660,000 SF of first class office space in Woodbridge, N.J.

The Lefrak Organization has appointed Charles J. Mehlman (photo) to senior vice president and general manager of Mid State Management Corporation, the company's management division. Mr. Mehlman has been with the multi-billion-dollar company since 1979.

Mehlman's duties will be to supervise all residential operations for Mid State Management on a nationwide basis. In addition, he will serve as president of Mid City Security Services Inc., the in-house private investigative and security department of the subsidiary.

Prior to joining the Lefrak Organization Mehlman was director of Owner Tenant Operations and assistant counsel to the Rent Stabilization Association.

A graduate of Brooklyn Law School, Mehlman is an attorney. He resides in Long Island, N.Y.

Reilly Mortgage Group recently announced the appointment of Winston Moore as vice president in the McLean, Va. office.

Winston came to Reilly from Capri Capital in Rosslyn, Va., where he spent the last 10 years originating and underwriting FHA and Fannie Mae DUS loans. Winston has more than 20 years of experience in banking, multi-family, and commercial properly lending. At Reilly, his responsibilities will include the origination of loans and the underwriting of properties under the new FHA M.A.P. (multifamily accelerated processing), Fannie Mae DUS, and Freddie Mac Program Plus lending programs.

Bruce E. Mosler (photo) has been named to the newly-created position of president of U.S. operations at Cushman & Wakefield, Inc.

In the firm's effort to enhance its leadership position and consolidate its decision making, Mr. Mosler will be responsible for the strategic direction, business growth and development, and profitability of the firm's 45 U.S. offices. He will also work closely with the firm's global operations to ensure that Cushman & Wakefield seamlessly conducts its business with U.S. multinationals.

Prior to this promotion, Mr. Mosler was the executive vice president of Cushman & Wakefield. He is also a member of the firm's board of directors. As a brokerage professional, Mr. Mosler was one of the industry's top earners and has been instrumental in some of Manhattan's largest leasing and sales transactions. He is a recipient of two prestigious Real Estate Board of New York "Deal of the Year" awards, for the office (Reuters transaction, 1999) and retail (Hennes & Mauritz, 2000) sectors. He also co-brokered the successful consolidation of Reuters America Holdings, Inc. into 500,000 SF at 3 Times Square, an 855,000 SF joint venture between the Rudin family and Reuters America. In addition, Mr. Mosler led the team that negotiated the 32,000 SF lease Hennes & Mauritz signed for its U.S. flagship store on Fifth Ave. in Manhattan.

In 1994, Mr. Mosler was voted by Crain's New York Business as one of New York's "40 Under 40" leading executives in the City. He has been recognized for his ongoing representation of some of the nation's leading publishing, communications, and insurance companies. In addition to his prominence in New York, he has been responsible for numerous national and international transactions, including Reader's Digest in the U.K.

Arbor National Commercial Mortgage, LLC announced the promotion of Daniel M. Palmier to senior vice president of asset management and dispositions. With more than 17 years experience in various facets of real estate management and finance, Palmier directs Arbor's asset management group. The group is responsible for an investment portfolio valued at more than $1 billion held as equity and/or debt funded through its Fannie Mae, FHA, and structured bridge and mezzanine financing programs.

Before joining Arbor in 1997, Mr. Palmier was a vice president with Lehman Brothers, where he participated in all aspects of asset management, restructuring, refinancing, leasing, and disposition of commercial, retail and residential real estate properties and mortgages. Previously, Palmier was a senior associate in the Mergers & Acquisition/Corporate Finance Group of LJ Hooker Corporation, Inc. He earned an M.S. degree in real estate from New York University and is a certified public accountant.

Tudor Realty Services Corp. has announced that Mindy Schmidt (photo) has joined the firm's management division.

In the past, Ms. Schmidt has served as a managing agent for rent controlled, stabilized, and market rate rental buildings, IMD lofts, commercial buildings, commercial and residential condominiums, condops, and residential cooperatives.

Ms. Schmidt brings 15 years of real estate experience to her new position. She began her career in back-office operations. Her first management position was at Wells & Gay, prior to its acquisition by Stribling & Associates.

Ray O'Keefe, President of Grubb & Ellis New York, has named Stuart Siegal (photo) a Managing Director of the firm.

"A consummate real estate professional, Stuart Siegal has achieved extraordinary results both in brokering the sales of major buildings as well as negotiating significant leases," Mr. O'Keefe noted.

In his seven years at Grubb & Ellis New York, most recently as an associate managing director, Siegal has achieved results in a variety of property types and locations throughout the metropolitan area. He recently negotiated the sale of a 215,000-square-foot warehouse in East Brunswick, New Jersey, and four commercial condominiums totaling 44,000 square feet at 545 West 45th St. He also recently represented Cablevision in the leasing of two hub facilities in Brooklyn, and completed the leasing of 450 West 15th Street that included both retail and new media clients.

Siegal earned his BS in Business Administration with a specialty in Real Estate Finance from the University of Southern California. He is a member of the Real Estate Board of New York.
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Publication:Real Estate Weekly
Geographic Code:1U2NY
Date:Sep 20, 2000
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