Kiser Group has announced the newest member of its team, Yun Park. With over 30 years of extensive experience in real estate investment and a decade as a real estate broker, Park brings a wealth of knowledge and expertise. Her background uniquely blends creative experience with her deep understanding of the real estate market. Park’s ability to identify and drive value in the commercial real estate sector sets her apart as a valuable asset to the Kiser Group team.
Related Midwest’s Ann Thompson, executive vice president of architecture and design, has been elevated to The College of Fellows of The American Institute of Architects (AIA). The AIA Fellowship is the organization’s highest membership honor for exceptional work and contributions to architecture and society and is bestowed on only 3% of AIA members. Thompson leads the design and planning of Related Midwest’s mixed-use, mixed-income, affordable and luxury developments.
Kraus-Anderson Companies, an integrated construction management and real estate enterprise based in Minneapolis, recently named Pete Diessner as CEO of the firm. He will succeed Bruce Engelsma, who is stepping down to make way for Diessner, his nephew, as leader of the Minneapolis construction and development company. Founded in Minneapolis in 1897, the company is family-owned and privately held, with Diessner’s appointment continuing the tradition for a third generation.
The NRP Group, a vertically integrated, best-in-class developer, builder, and manager of multifamily housing, today announced the hire of Patrick Carino as Vice President of Development. Leveraging more than a decade of experience in the Northeast region, Carino will originate and manage all aspects of market-rate development in New Jersey, New York, Connecticut, and Massachusetts. Carino will report to Jonathan Gertman, Senior Vice President of Development for NRP’s New York City office.
Northmarq has announced the addition of Annamarie Bjorklund as senior vice president based in Chicago. In her new role, Bjorklund will join Northmarq’s Institutional Equity Advisory Group team along with Charlie Rimkus, senior vice president, and Joel Heikenfeld, managing director. Bjorklund is responsible for structuring equity investments, including co-GP, limited partner, preferred and programmatic ventures for operators and developers. Prior to joining Northmarq, Bjorklund served as associate director of acquisitions at Marquette Companies, and she also spent four years at Origin Investments, a Chicago-based private equity fund.
JLL has regained its ranking as the leading hotel investment advisory firm globally for 2023, as based on total investment volumes in the asset class. Data analyzed and published by MSCI Real Capital Analytics has confirmed that JLL advised on $7.7 billion in transactions, representing a global market share of 25% of all hotel investment deals.
Baker Barrios Architects has released renderings of its design for what will be the country’s deepest warm water therapy pool. Located in North Chicago, Illinois, it will be part of an educational and research facility developed by the international nonprofit Diveheart. The patented design of the deep therapy pool planned for a minimum depth of 130 feet, features a unique telescoping configuration with a portion of the structure above grade, allowing for general observation of the divers.
