alterra property group stock

In a landmark move for the ski industry, and to better protect, sustain, and organize these unique assets, KSL and Aspen Skiing Company rebranded Intrawest as the Alterra Mountain Company on January 11, 2018. Alterra focuses on acquiring low density, supply chain and infrastructure real estate in core infill locations. Addimando said. Founded on November 23, 1979 by Joe Houssian, Intrawest began as a Canadian real estate development company constructing single-family homes and apartments across British Columbia. Thomas Marano, a real estate investor, succeeded Jensen. Most recently Carolyn worked at Capano Management Company as a Paralegal and Lease Negotiator. Prior to joining Liberty, he served for 11 years as president of the Philadelphia Industrial Development Corporation and before that served as the city of Philadelphias Commerce Director. Alterras real estate platform is strategically focused on our two core competencies ofresidential/mixed-usedevelopment (APG Living), andindustrial outdoor storage (IOS). Coping with Recession in the Ski-Industry: A Suppliers and Consumers Perspective. Journal of Sports Management and Commercialization, January 5, 2016. From our inception born out of one original tenant relationship, the Alterra IOS team has understood the importance of listening to the occupier industries (transportation and logistics, equipment rental, building materials, etc.) The North American average is 1 percent. The company positioned itself as an operator, not just an owner or investor. Illustrations are artists depictions only, are not neccessarily to scale and may differ from completed improvements, and scenes may include locations or activities not on or near the property. Cochran, Bill. The company raised $188 million through the IPO at a valuation of $540 million, down sharply from the $1.8 billion in Fortress 2007 purchase. He is a board member and recent past President of the Building Industry Association (BIA) of Philadelphia, an Advisory Board member for the Port of Philadelphia, and a member of YPO. This investment fundamentally shifted the strategic focus of Intrawest and the development of the ski industry at large. Originally from Baltimore, Lacee currently resides in the East Passyunk area of Philadelphia. Clausing, Jeri. Mark was born and raised in the Philadelphia area and currently resides in South Jersey with his wife and three children. Alterra focuses on acquiring low density, supply chain and infrastructure real estate in core infill locations. Alterra Property Group. She also has a masters degree from the University of Pennsylvania. Focused on low building coverage sites with large, stabilized yard space to accommodate an array of uses such as vehicle, material, and equipment storage, Alterra brings an institutional comprehension of the municipal & logistical complexities in securing mission-critical real estate for the often-overlooked sectors of the U.S. industrial landscape. Alterra IOS Venture II, LP reaches $500 million hard cap Email. Akesson, Alex. She is responsible for managing the overall marketing strategy for the residential portfolio to include digital marketing/ advertising, social media, and product launch. Over the course of his career, Mark has successfully managed the design and construction of various building product types ranging from highly sophisticated healthcare facilities, historic preservation/adaptive reuse buildings, higher ed/K-12 institutions, office space, and multi-family/mixed used developments with an aggregate volume valued in the billions . Mark has a Bachelors degree from the University of Pennsylvania and currently resides outside of Philadelphia with his wife and son. Parker received a Bachelors of Arts in Accounting and Entrepreneurship from Miami University in Oxford, OH. This included leasing, disposing of, and acquiring millions of square feet of real estate projects from inception to completion as well as developing strategic planning within their real estate, finance, and executive levels. APG IOS is Alterras industrial real estate platform dedicated to providing real estate solutions through property acquisition, development, management & leasing for tenants in the heavy industrial & outdoor storage space. Working for two of the leading industrial logistics companies in the world has provided Jim with substantial experience and with key insights into the industrial space, which he brings to his current position at Alterra. Chief Financial OfficerThomas Baker, CPA Tom currently resides in New Jersey with his wife and three children. Alterra Our dedicated staff of industry experts strive to provide the highest level of management services for residential, retail and commercial properties. Mark most recently served as an Associate Portfolio Manager at Exeter Property Group, helping source and underwrite industrial transactions for Exeters value-add & core investment vehicle. Blackcomb became a highly profitable asset for Intrawest and announced $112 million in renovations and upgrades the following year. Alterra Mountain Company. Alterra Capital Holdings Ltd : Alterra Capital to Release Fourth Quarter 2012 VP - IndustrialParker Pearson Jim has over 20 years of experience leading acquisitions, dispositions, and development projects in a variety of asset classes, with a focus on industrial and logistics facilities. Associate - Acquisitions & Asset ManagementGavin Weaver Alterras real estate platform is strategically focused on our two core competencies of residential/mixed-use development ( APG Living ), and industrial outdoor storage ( IOS ). The ski industry has undergone significant evolution over the last 20 years as resorts have come and gone, innovative technology has transformed the mountain experience, and demographic shifts have introduced new people to the sport. Alterra Property Group, LLC(Alterra) is an established real estate investment, development, and management company based in Philadelphia, PA. Lease Administrator Chelsea Holber Limited partners in the fund included a wide mix of public and private pensions, endowment and foundations, asset managers, family offices, and high net worth individuals. (657) 247-2600 Mr. Hankowsky currently serves on the boards of Citizens Financial Group Inc. (NYSE: CFG), the Greater Philadelphia Chamber of Commerce, Delaware River Waterfront Corporation, Philadelphia Convention and Visitors Bureau, Philadelphia Shipyard Development Corporation, Pennsylvania Academy of Fine Arts. Park Madison Partners, LLC is a New York-based capital markets and advisory firm for global real estate alternative investments. Company News; Intrawest Acquires Sandestin Resorts For $130 Million. The New York Times, July 15, 1998. Prior to forming Alterra, Jeff began his career at the Philadelphia-based law firm of Stradley Ronon Stevens & Young, where he honed his skills in commercial real estate and finance. Jeffs 15 years in real estate have allowed him to gain a wealth of experience in both the legal and business aspects of the industry. Upon moving to PA, she began working at Liberty Property Trust as a Paralegal, transitioning to Director of Due Diligence after 11 years. In addition, he is responsible for raising and structuring equity and debt for Alterras ongoing business initiatives. Designed by Juggernaut Work. MarketScreener: Created by Investors for Investors! She remained at Liberty until February 2020 when it was acquired by Prologis. Jonearned a Master and Bachelor of Architecture from Texas Tech University, as well as a Master of Real Estate from Georgetown University. Sources told the New York Post that creditors holding $1.4 billion of debt on Whistler Blackcomb were within 10 days of entering foreclosure. Mr. Hankowsky currently serves on the boards of Citizens Financial Group Inc. (NYSE: CFG), the Greater Philadelphia Chamber of Commerce, Delaware River Waterfront Corporation, Philadelphia Convention and Visitors Bureau, Philadelphia Shipyard Development Corporation, Pennsylvania Academy of Fine Arts. WebAlterra Property Group contact info: Phone number: (267) 414-4954 Website: www.alterraproperty.com What does Alterra Property Group do? September 8, 2016. Chelsea holds her Bachelors of Business Administration in Marketing from the University of Pittsburgh. The Denver Post. communities for almost 50 years. Prior to joining Alterra, Gavin was an Associate at Rubenstein Partners since 2019, where he worked on office acquisitions for the companys equity portfolios as well as loan originations for the companys mortgage fund. Intrawest Foreclosure a Threat to Olympics. New York Post. Above all else, the emphasis on the skier, employee, and community experiences continues to shape the brand. jane.doe@alterraproperty.com), which is being used by 60.6% of Alterra Property Group LLC work email addresses. Alterra, a combination of the words altitude and terrain, seeks to maintain the rich history, stories, and culture at each property while better sharing resources, such as Aspenwares customer service software or the Ikon pass ticket platform. Accessed April 17, 2023. https://www.bamsec.com/filing/114036116084750?cik=1587755. Taks, Marijke and Ragoen, Jona. Prior to joining Alterra, Mark worked several years in the Philadelphia Business Unit of Turner Construction Company, the largest construction management company in the world by volume, gaining unparalleled construction management expertise. WebThe Alterra IOS team brings an institutional comprehension of the municipal, environmental, and logistical complexities in acquiring, leasing, and occupying mission-critical real Parker spent his time working on optimizing terminal locations across the country. Alterra Property Group For example, within the first season of owning Stratton, four high-speed chairlifts were installed, improving the skier experience. Save my name, email, and website in this browser for the next time I comment. Subscribe to Bisnow's Philadelphia Newsletters. Last modified August 11, 2006. Jim began his career in private practice as an attorney in 2000 at Latham & Watkins in London, UK and Washington, DC and then at Blank Rome in Philadelphia before joining a client, StoneMor Partners (STON), as Assistant General Counsel in 2016. Co-owner and developer, bringing Canada's first Ace Hotel to the city. PR. Alterra Alterra Property Group Though Pfeiffer leads the day-to-day of the IOS operation, Addimando himself was forced to evolve how he worked in order to keep both ventures successful. Only a handful of Alterra employees have duties across both verticals, while around 50 focus exclusively on multifamily and 15 or so do the same with industrial outdoor storage. This is not a step [last] (ex. In his free time, Jim enjoys spending time with his family, traveling, being outside biking, hiking and skiing, working in his garden and having a nice meal and/or craft beer with friends. Today, Addimando admits he knew little about Boston as a real estate market and even less about a little-known niche of industrial property. She is a licensed Certified Public Accountant for the State of Pennsylvania and a member of the AICPA and PICPA. This has piqued the interest of financial firms in both the private and public markets to create a more profitable and efficient industry for customers, employees, and investors alike. Alterra Holdings Accessed April 17, 2023. https://www.hedgeco.net/news/05/2006/pirate-capital-hedge-fund-boosts-stake-in-intrawest.html. While the Global Financial Crisis exposed some risks in working with private equity firms, without the financial support and knowledge of Fortress investors, Intrawests story could have taken a turn for the worse, adding its name to a long list of failed companies in 2008-09. His clients include Tesla, Rolls-Royce, Chevron, and ExxonMobil Global Real Estate, among others. With the looming collapse, Intrawest entered into a restructuring plan on April 28, 2010 to refinance $1.2 billion of loans. Director - IOS ConstructionLiam Sullivan Park Madison Partners acted as the funds exclusive placement agent. Lauren also worked on acquisitions and divestitures, corporate and real estate record management, and assisted legal with various employment, real estate, and general litigation matters. Prior to joining Alterra, Sean worked as an analyst on the Industrial Capital Markets team at JLL, where he worked on both investment sales advisory & equity placement transactions in Pennsylvania & New Jersey. Senior Fund AccountantRory OConnor Alterra Property Group LLC, of Philadelphia, has reached the final close of its Alterra IOS Venture II LP. Lauren works closely with all members of the Industrial Outdoor Storage team on transactions, due diligence, compliance, and insurance. Search jobs. Accessed April 16, 2023. https://scholar.uwindsor.ca/humankineticspub/40. In his role at StoneMor, Jim oversaw and managed all real estate and commercial matters relating to the acquisition, disposition, ownership, leasing, development and operation of 400+ properties located throughout the United States. Carolyns legal/real estate career began at law firms in Kalamazoo, MI (Legal Secretary) and then Atlanta, GA (Paralegal). Last modified April 10, 2017. But Alterra's multifamily business didn't just tread water. Prior to joining Alterra, Jeff was Vice President of Asset Management at Independence Realty Trust (NYSE: IRT), a role focused on leading strategic organizational initiatives in addition to the asset management of a diverse real estate portfolio. Alterra Leo is married to Brigitte Castaing Addimando (HBS 05), has three children (Nico, Marcus, Sophie) and in his spare time enjoys spending time with family, exercise, golf, attending live sporting events (youth and professional), and travel. Park Madison Partners served as the exclusive placement agent. He and his Partners are responsible for forming and implementing investment strategies across the company. Jeffs responsibilities at Alterra include managing all aspects of legal, finance, risk-management and operational matters for the company, as well as collaborating with his Partners on the firms investment decisions. After Turner Construction, Liam joined URBN, the publicly traded parent company of Urban Outfitters, Anthropologie, Free People, and Terrain. Six years later, it hasanational, institutionally backed portfolio of IOS properties, but is still a Philly-focused multifamily developer. Intrawest Company Profile, 2023. During his career, Liam has managed development and construction of projects ranging from historically significant adaptive reuse to technical healthcare facilities including a BSL3 to mixed-use developments. Alterra Capital Holdings Ltd : Alterra Capital Reports Fourth Quarter and Year End 2012 Re.. Alterra Capital Holdings Ltd : Alterra Capital Announces $0.16 Dividend, Alterra Capital Holdings Ltd : Markel Reports 2012 Financial Results, Alterra Capital Holdings Ltd : Alterra Capital to Release Fourth Quarter 2012 Earnings. Launching our first fully discretionary fund further adds to our competitive advantage on certainty of execution and national scale that are central to our long-term investment strategy, said Matthew Pfeiffer, Managing Partner/CIO of Alterra. We understand that we have a responsibility. "Yeah, but its five hours that I shouldnt have been spending there to begin with.. Pirate Capital Hedge Fund Boosts Stake in Intrawest. HedgeCo.Net. Upcoming regulations in the European Union require us to show this pop-up and ask you to agree to keep using Bisnow.com. Fortress Buys Intrawest for $2.8bn. PERE. Alterra Property Group. Matt played an integral part in the formation of Alterras Industrial Outdoor Storage platform and oversees the day-to-day acquisitions and asset management initiatives of that platform. Through 2011 and 2012, Intrawest and Fortress navigated its way out of the difficult economic period with less debt to position the business for long-term, sustained success.

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