News: Brokerage

LRC Properties adds Hall to acquisitions team

Seth Hall

Rye Brook, NY Seth Hall has joined LRC Properties as vice president, acquisitions. In this position, Hall is responsible for growing the firm’s portfolio in Atlanta, Memphis, Nashville, Tampa, Orlando, and Richmond/Norfolk.

Prior to joining LRC Properties, Hall was a director of capital markets at Newmark Knight Frank, focusing on debt and equity placement and leading a team responsible for the placement of $22 billion of financing across various asset classes and geographies. Before Newmark Knight Frank, Hall spent five years at Mesa West Capital (acquired by Morgan Stanley in 2018) where he led or assisted in the organization of $3.5 billion of commercial mortgages across the country. He started his career in the commercial real estate group at Wells Fargo Bank.

“We are excited Seth has joined LRC Properties,” said Karie Nero, principal at LRC Properties. “He brings a deep expertise and proven track record in commercial real estate and capital markets that will be beneficial helping us identify and purchase properties that we can reposition, restructure, and redevelop in these key markets and ensuring we can add value to the properties as well as generate a substantial return to our investors.”

Hall received his B.S. in real estate development from the University of Southern California. In 2018, he was named a Top Young Professional of Debt & Equity by Commercial Observer.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Many long-time property owners are divesting from their rent stabilized properties at an increasingly rapid pace. This trend has gained momentum primarily due to the unyielding permanence of rent laws over the past six years and the increasing operating costs that continue to outstrip rent growth. In addition, the judiciary’s elongated timeline in processing evictions and tenant rent challenges,