LRC Properties adds Milovic as associate managing director

July 14, 2014 - Front Section

Mark Milovic, LRC Properties, LLC

Mark Milovic has joined LRC Properties, LLC as associate managing director. Milovic is joining the company's asset management team and will also be assisting on acquisitions and dispositions, underwriting and evaluating of potential transactions, as well as assist in the sale of assets already in LRC's portfolio. He will also be responsible for oversight of the company's redevelopment and leasing strategies, as well as the management of the brokers responsible for leasing space within the firm's many properties along the East Coast. "We're excited to have Mark join LRC," said Howard Lavitt, co-founder and principal of LRC Properties. "He brings solid expertise, knowledge and a quality network, particularly in the brokerage and capital market areas. Mark's ability to tap his resources of capital and brokerage relationships will help LRC in our continued work to identify and purchase properties that we can reposition, restructure and redevelop, adding value to the properties as well as substantial return to our investors. He is a great asset to our team." Prior to joining LRC, Mark was associate vice president of Latitude Management Real Estate Investors, where he was responsible for assisting with the organization, structuring, underwriting and closing of both debt equity investments and assist with daily asset management tasks. During his tenure there, he was directly involved with originating more than $369 million of first mortgage bridge loans spread across 37 loans. Mark also worked as a marketing analyst for a multinational company in Barcelona, Spain. Milovic graduated from Loyola Marymount University in Los Angeles with a BA in International Business and an emphasis in finance.
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