Chief Financial OfficerThomas Baker, CPATom Baker joined Alterra Property Group in May of 2017. On May 22, 2017, KSL Capital Partners (KSL) and Aspen Skiing Company announced a $1.5 billion buyout of Intrawest for a large 40% premium, once again removing the company from the public stock exchange. Sean graduated from Boston University where he majored in Finance and was a member of the mens lacrosse team. Alterras real estate platform is strategically focused on our two core competencies of residential/mixed-use development ( APG Living ), and industrial outdoor storage ( IOS ). Liberty was acquired by Prolog is in February, 2020 for $13B. Matt has been involved with over $1 billion of transactions during his time at Alterra. WebLearn about Alterra Home Loans Chino, CA office. After Turner, Mark worked 7 years at one of Philadelphias preeminent professional project management/real estate services company, Aegis Property Group. 2013. 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. Carolyns legal/real estate career began at law firms in Kalamazoo, MI (Legal Secretary) and then Atlanta, GA (Paralegal). Most recently Carolyn worked at Capano Management Company as a Paralegal and Lease Negotiator. 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. ABOUT ALTERRA PROPERTY GROUP Alterra Property Group, LLC (Alterra) is an established real estate investment, development, and management company based in Philadelphia, PA. Real estate prices are closely tied to interest rates because investors require mortgages and loans. All rights reserved. Prior to joining Alterra, Chelsea was a Lease Management Analyst within the accounting department at Gopuff, a Philadelphia based startup. She currently resides in South Philadelphia with her fianc and their dog. We will email you a link to reset your password. Upon moving to PA, she began working at Liberty Property Trust as a Paralegal, transitioning to Director of Due Diligence after 11 years. The companys industrial outdoor storage platform focuses on acquiring and developing industrial sites throughout the United States. "In the Southeast and the Southwest, theres such population growth that rents are skyrocketing, so they pay what they need to pay in order to get new things built. Gillian earned her bachelors degree in Architecture from Tsinghua University. Charlie is a 2010 graduate of Georgetown University and he currently resides in Pittsburgh with his wife and son. 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. In 1986, U.S. billionaire Marvin Davis wanted to sell off 20th Century Foxs skiing assets, specifically Blackcomb Skiing Enterprises, the owner and operator of Blackcomb Mountain in Whistler. Alterra Property Group in Finance from Georgetown University. Today, Alterra is one of the largest institutional owners of IOS properties in the U.S. We are very excited at Alterra to have completed the fundraising for Venture II, our first discretionary Fund. Jeff began his career as a consultant within Deloitte Consultings Strategy and Operations practice, focusing on organizational growth strategy and opportunities with large, global clients. Director - IOS ConstructionLiam SullivanLiam works as Senior Development Manager focusing on Mixed Use and Industrial projects. Alterra Capital Holdings Ltd : Markel And Alterra Shareholders Overwhelmingly Approve Acqu.. ALTERRA CAPITAL HOLDINGS LTD : Ex-dividend day for. Prior to joining Alterra, Jim served as lead transactional counsel for the East Region at Prologis (PLD) where he oversaw over $1B in acquisitions, dispositions and development projects annually. 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. The catalyst for Alterra's expansion was when Addimando's friend Frank Bardonaro calledon behalf of his company, Maxim Crane Works. Shares of Debt-Heavy Intrawest Resorts Fall in Debut. Reuters. In 2013, Intrawest filed with the SEC on November 12 to become a publicly-traded company under the ticker SNOW. "Clearly, they not only succeeded in Boston, but ultimately handled projects for us on a coast-to-coast basis.". Alterra Holdings Co-Founding Partner & General CounselJeff PustizziJeff is a Partner, General Counsel and Co-Founder of Alterra Property Group. Please try again later. Prior to Exeter, Mark was an Assistant Vice President at AEW Capital Management, focused on East Coast acquisition opportunities. With the looming collapse, Intrawest entered into a restructuring plan on April 28, 2010 to refinance $1.2 billion of loans. WebEvery homeowner becomes a member of the Alterra family, a legacy going on 50 years. 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. "He quickly responded, put us with some local contacts and we had multiple options within a month.". 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. Throughout his career he has traveled extensively, leading millions of square feet of projects from inception to completion in 24 different states. The team comprises professionals from diverse backgrounds on the buy-side and sell-side and leverages this experience to offer Park Madisons clients highly customized solutions across global real estate capital markets. Accessed April 17, 2023. https://www.perenews.com/fortress-buys-intrawest-for-2-8bn/. 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. SVP- Development & ConstructionMark Cartella She worked on licensing and regulatory matters for 400+ properties throughout the United States. Last modified August 11, 2006. She currently resides in South Philadelphia with her fianc and their dog. Over 17+ years as a real estate entrepreneur, Leo has gained experience with a diverse range of real estate product types, acquired industrial properties in 30+ US States, closed over $2.5B of real estate transactions, acquired or developed over 3,500 residential units, structured dozens of complex transactions, and overseen all aspects of numerous residential, commercial, industrial, and mixed-use real estate development projects. We need additional data to finish your registration. 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. 2022 Alterra Holdings. Venture II is a continuation of Alterras Industrial Outside Storage (IOS) investment strategy launched in 2016. On the public side, Tom gained extensive real estate accounting and auditing experience while working for the operations and development teams of a global real estate investment trust and as an assurance auditor for PricewaterhouseCoopers (PwC) in their asset management practice (Funds and Real Estate). On March 21, 1990, Intrawest filed with the Toronto Stock Exchange to trade under the ticker ITW. Additionally, she is a Notary Public and a licensed Real Estate Salesperson. Addimando remains deeply involved in the company's strategy in the sector, and he served as president of the Building Industry Association's Philadelphia chapter last year. Clydesdale, Greg. He has 17 years of experience in the real estate industry, including 12 exclusively in the IOS sector. 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. Daniel Jarvis, previously CFO of Intrawest, led this new group. 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. 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. Gavin graduated from the University of Delaware where he majored in Finance and currently lives in Center City Philadelphia. This positive influence will continue as private equitys role in the industry grows. As a leading Canadian real estate developer, Joe Houssian was introduced to Davis despite his complete unfamiliarity with the ski industry. Prior joining Alterra, Gillian served as an Asset Management Associate for Rubenstein Partners L.P. focusing on budgeting, financing, performance projections, and cash management for over $3B AUM. Holding positions in both Development and Construction, Liam successfully brought to market projects throughout the U.S. and Canada. "Once you learn that you are dealing with people that always find a way to get it done and do it the right way, I think you can rely on them to expand into more regions or areas of expertise," Bardonaro said. Senior Fund AccountantRory OConnor Canada went through a recession in the early-1980s from rising inflation, thus creating a bad economy for foreign investors to enter and compete against Intrawest. Co-Founder & Managing PartnerLeo AddimandoLeo Addimando is a Managing Partner and Co-Founder of Alterra Property Group, LLC (Alterra). Matthew Pfeiffer - Steers Global Real Estate Prior to joining Alterra, Rory was the Corporate and Fund Accountant for Rubenstein Partners L.P. working on the corporate entities and funds. Parker spent his time working on optimizing terminal locations across the country. Just hit yes and continue on your way. Parker received a Bachelors of Arts in Accounting and Entrepreneurship from Miami University in Oxford, OH. Matt is actively involved with Whartons Zell Lurie Real Estate Center and is a member of the board for Georgetowns Steers Center for Global Real Estate. 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. 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. He currently resides in South Philadelphia. Currently, Gillian lives in Philadelphia with her fianc-to-be and two lovely cats. Roy, Priya A. Interested in joining our team? 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. Carolyn earned her BA in Psychology and Sociology from the University of Michigan and has a Paralegal Certificate. 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. 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. Associate - Asset ManagementGillian ZhaoGillian joined Alterra Property Group (Alterra) in May 2022, where she directly works on and helps with the asset and portfolio management for Alterras Industrial Outdoor Storage platform. As institutional investors seek more diversification within their real estate portfolios, Alterra has clearly positioned itself as a leader within the IOS space. He was formerly the head of real estate for an international transportation and logistics company. 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. Jeff is a Pennsylvania licensed Real Estate Broker. Jarvis described the strategy in a 2004 corporate press release saying, We had a vision of a ski resort being more than a place to ski, but rather an all-encompassing experience. Parker resides in downtown Chicago with his wife and two children. Matt is actively involved with Whartons Zell Lurie Real Estate Center and is a member of the board for Georgetowns Steers Center for Global Real Estate. She worked on licensing and regulatory matters for 400+ properties throughout the United States. She also has a masters degree from the University of Pennsylvania. Park Madison Partners acted as the funds exclusive placement agent. In addition, he is responsible for raising and structuring equity and debt for Alterras ongoing business initiatives. The Song Was Stuck on Repeat for Intrawest. Mark has a Bachelors degree from the University of Pennsylvania and currently resides outside of Philadelphia with his wife and son. Upcoming regulations in the European Union require us to show this pop-up and ask you to agree to keep using Bisnow.com. Chelsea joined Alterra in April 2023 as a Lease Administrator within the IOS team. Liam joined Alterra to bolster the strengths and add experience to the Development Team. She is responsible for managing the overall marketing strategy for the residential portfolio to include digital marketing/ advertising, social media, and product launch. Over that time period, industrial outdoor storage exploded in popularity as an investment target, enjoying both the relentless demand for logistics space in general and advantages specific to the property type. Leo has an MBA from the Harvard Business School (HBS) and a B.A. Director of MarketingLeah McVay Additionally, Liam is a credentialed LEED AP through the USGBC. 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. Because of the turbulent global economy, Intrawest faced significant financial distress. Jeff is a Partner, General Counsel and Co-Founder of Alterra Property Group. Those diverse transactions have often entailed complex and sophisticated structures, including historic tax credits and joint ventures with some of the countrys most well-known institutional investors. Announcing Alterra Mountain Company: A Family of 12 Iconic Mountain Destinations in North America. Alterra Mountain Company. Last modified January 31, 2014. Alterra Property Group LLC, of Philadelphia, has reached the final close of its Alterra IOS Venture II LP. Jonearned a Master and Bachelor of Architecture from Texas Tech University, as well as a Master of Real Estate from Georgetown University. After Turner Construction, Liam joined URBN, the publicly traded parent company of Urban Outfitters, Anthropologie, Free People, and Terrain. We are grateful for the opportunity to work with Alterra on this capital raise, said Park Madison Partners Rob Kohn. A vertically integrated real estate company focused on deploying institutional discretionary capital to acquire and develop Industrial Outdoor Storage (IOS) throughout the United States. 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. Taks, Marijke and Ragoen, Jona. We need you to be ok with our use of information like your general location or reading habits to personalize your experience, so we can suggest the right stories to read or events for you to attend. Alterra Wynwood of Brea | Assisted Living | Brea, CA 92821-3374 Alterra IOS Home - Alterra IOS 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. Accessed April 17, 2023. https://www.nytimes.com/1998/07/15/business/company-news-intrawest-acquires-sandestin-resorts-for-130-million.html. Test Request, Prototype short run, Alterra Holdings has developed multiple Straw formulations that are marine WebFree access to listings of Alterra Homes. 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. Leah McVay joined Alterra Property Group in September of 2017. There was an error trying to send your message. See reviews, salaries & interviews from Alterra Home Loans employees in Chino, CA. Bankruptcy and widespread foreclosures were a real risk for Intrawest. Alterra Property Group Six years later, it hasanational, institutionally backed portfolio of IOS properties, but is still a Philly-focused multifamily developer. Previous to his career in real estate, Leo was an early employee of Orbitz.com, helping the company to develop ancillary revenue streams, the profitability of which contributed to the companys successful IPO in 2003. Supply of IOS is constrained for a few reasons," said Matt Pfeiffer, Addimando's fellow managing partner who runs the day-to-day operations of the IOS business. Managing PartnerMatthew Pfeiffer After Turner, Mark worked 7 years at one of Philadelphias preeminent professional project management/real estate services company, Aegis Property Group. He lives in the greater Atlanta area with his wife. "There are the zoning restrictions, and traditional industrial investors have converted a number of IOS properties. Pitchbook. The Denver Post. All Rights Reserved. Subscribe to Bisnow's Philadelphia Newsletters. Alterra recently announced a $500 million program for 2023 specifically to enhance guest and employee experiences. WebThe most common Alterra Property Group LLC email format is [first]. Before Rivian, he completed projects as a project management consultant, most recently as an Associate Director at Turner & Townsend. Jeff began his career as a consultant within Deloitte Consultings Strategy and Operations practice, focusing on organizational growth strategy and opportunities with large, global clients. She brings to Alterra a strong understanding of real estate marketing, sales leadership, and team development. Associate - Asset ManagementGillian Zhao 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. Save my name, email, and website in this browser for the next time I comment. Total Available Area: Entire site 11.5 acres, Total Available Area: 27,496 SF 6.6 acres, Total Available Area: 23,186 SF 4.75 acres, Total Available Area: 31,000 SF 6.2 acres, Total Available Area: 7,442 SF +/-3.86 acres, Total Available Area: 2,500 SF & 12,00SF Shop 4.9 acres, Total Available Area: Currently under construction, Total Available Area: 7,442 SF of office 19,750 SF shop building +/- 14 acres, Total Available Area: 19,280 SF 5.4 acres, Total Available Area: 37,900 SF 5.45 Acres, Total Available Area: 7.62 acres 177 trailer spaces, 7101 BRYHAWKE CIRCLE NORTH CHARLESTON, SC 29418, Total Available Area: FL 14,901 SF +/-3.87 acres, Total Available Area: 35,000 SF building 15.35 acres, Total Available Area: +/- 10,000 SF 12.3 Acres, Total Available Area: +/- 10,500 SF +/- 5.16 acres, Total Available Area: 2.5 miles to Interstate 40 7 miles to Nashville International Airport, Total Available Area: 37,900 SF 5.45 acres, Total Available Area: 19,500 SF 25 acres 177 trailer spaces, Total Available Area: 10,350 SF building 2.5 acres, Prefer dense infill industrial clusters surrounded by similar IOS users, Senior Advisor - Industrial Outdoor Storage, Associate - Acquisitions & Asset Management. 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. He began his career in real estate at Blackstone (2007-2012). Prior to joining Alterra, Liam was with Turner Construction in the Philadelphia Business unit, gaining experience in the field and developing project management experience. Alterra Home Loans Chino, CA Office | Glassdoor Mattattended Arizona State with a degree in Business Administration Marketing. 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. In developingand managing properties hyperlocally like were doing in Philadelphia and Greater, Also subscribe to Bisnow's Industrial Newsletter, Weekend Interview: Keystone Development + Investment's Rich Gottlieb On Improving Offices While Relying Less On Them, Spark Therapeutics Signs 63K SF Lease At King Of Prussia's Discovery Labs, Center City Report: Phillys Dual Business Taxes Are Making Its Downtown Office Drain Worse, Judge Overturns Zoning Permit For Already-Open Center City Dining, Gambling Venue, national, institutionally backed portfolio. Fortress is a private equity firm that invests in businesses with strong asset bases and cash flows, such as real estate. Modelling the Wider Effects of Ski Lift Investments. Empirical Economics (February 27, 2019): 259274. Rory is a graduate from Temple University with a Bachelors Degree in Accounting. jane@alterraproperty.com). Rory is from Haverford, PA and currently resides in Philadelphia with his wife. towards a paywall. She brings over 15 years of marketing and project management experience in multi-family housing, student living, and furnished corporate accommodations. And, over the next three years, Intrawest grew revenue to $570 million before ultimately garnering new interest from private equity investors. 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. Ski Smarter, Not Harder: The Great Debate of Digital vs In-Person Ski Coaching, La Grave: How the Gravesite of Skiers Has Become the Champion of Extreme Snowsports Since the 80s, Liberating Women and Their Legs: Female Ski Fashions Shift to Pants in the Early 20th Century, Pirates, Private Equity, and Plows: The 40-Year Journey of Alterra Mountain Company, Instructing Kids to Ski: The Psychology, Training, and Curriculum behind Every Lesson, Behind the Vail: The Effect of Corporatization on New Skiers, Get Again to Get the job done Every person Outdoor Outing, White as Snow: An Examination of Race within Skiing. Tom holds a Bachelors Degree in Accounting from West Chester University and is a Certified Public Accountant for the Commonwealth of Pennsylvania. Alterra focuses on acquiring low density, supply chain and infrastructure real estate in core infill locations. Intrawest Resort Holdings, Inc. Intrawest Sets Its Sites on Global Leisure and Travel Market; Crosses $1.5 Billion Revenue Milestone. Hotel Online, October 20, 2004. Altria Group, Inc. (MO) Stock Price, News, Quote & History Accessibility Statement. As the analysis proves, private equity played a catalytic role in the development of Alterra and while there were serious setbacks and periods of distress, the overall impact was positive on both the company and industry as a whole. Liam is a graduate of Stony Brook University with a BS in Economics. Associate Transactions & ComplianceLauren Olson Last modified May 4, 2006. Intrawest found a niche in the Canadian ski market as it was less developed than the U.S. in the 1980s and 90s.
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