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.

MORE FROM Brokerage

Horvath & Tremblay Announces Strategic Integration of B6 Real Estate Advisors, Expanding New York City Presence

New York, NY Horvath & Tremblay, a premier real estate services firm specializing in investment real estate brokerage, 1031 exchanges, debt/equity placement, and appraisal & valuation services, announced the strategic integration of B6 Real Estate Advisors into the firm’s growing national platform.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced