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Tue, Feb 19
A Compendium of Property & Capital News
Feb 19
A Compendium of Property & Capital News

Recent Hires and Promotions Kick Off Summer CRE Movements

June 25, 2018 - By The Real Reporter

BOSTON – Cresa Boston, one of the largest global tenant representative companies, has announced the promotions of John Coakley and Paul Delaney to principal positions. Coakley and Delaney have been with Cresa since 2011, serving most recently as senior vice presidents. As principals, they will be responsible for further developing Cresa’s Boston team of tenant advisors while continuing to grow its portfolio.

Joseph Sciolla, managing principal at Cresa Boston, elaborated on the firm’s future success with the achievements of Coakley and Delaney. “Cresa, as a privately held firm, takes great pride in the ability to offer a path to meaningful ownership based upon productivity, character, and tenure, and welcomes the input of both new principals towards the strategic direction of the Boston office of Cresa… John and Paul have achieved this promotion by contributing to our success with their outstanding performance and tremendous leadership skills,” said Sciolla. “Their wide breadth of experience, dedication to the collaborative team effort, and ability to give their full attention to every client will be instrumental to their role in shaping the future of Cresa. It is a pleasure to welcome them into the ownership stake of this enterprise…we have full confidence they will excel as principals and help advance the firm’s growth,” extolled Sciolla.

WALTHAM Hobbs Brook Management, a commercial property management, and development firm announced the addition of three commercial real estate professionals. Ahad Choudhury will be joining as assistant real estate manager and construction specialist, Leyla Kimball will be entering as counsel of commercial real estate, and Emily Tinsley will be coming on as a tenant relations specialist.

Kevin Casey, vice president and chief operating officer at Hobbs Brook, stated, “At Hobbs Brook Management, we pride ourselves on developing superior relationships with the tenants of our high quality, sustainable buildings. To do so, we need exceptional staff.” “We are pleased to welcome Ahad, Leyla, and Emily, and confident their dedication will enhance our firm and the quality relationships we build…our tenants will benefit from the high attention to detail and problem-solving abilities these experienced and accomplished professionals bring to our commercial real estate group,” elaborated Casey.

MELROSE–Melrose Bank welcomed Edward Fitzgerald as Vice President, Commercial Lending. Fitzgerald will help to further diversify the real estate portfolio, facilitate construction financing, and embark on a focused commercial and industrial business lending effort for the Bank.

“Edward’s involvement will strengthen our commercial lending sector and his knowledge will greatly enhance the lending solutions we can offer our customers,” added Jeff Jones, Melrose Bank President and CEO. “He is a valuable addition to our growing team and his experience will be invaluable to the goals of local entrepreneurs and businesses.”

With over 30 years of business and financial experience, Fitzgerald brings 30 years of business and financial experience, and a reputation for effective client relationship management and business development, according to a release. He began his banking career at Eastern Bank in New Business Development and Business Banking.

John Coakley Paul Delaney Ahad Choudhury Ahad Choudhury Emily Tinsley Edward Fitzgerald