DIRECTOR - IOS DEVELOPMENTJon CordingleyJonCordingleyjoined Alterra in 2022 as Director of Development, supporting the companys industrial outdoor storage portfolio with over 14 years of experience. While the Global Financial Crisis exposed some risks in working with private equity firms, without the financial support and knowledge of Fortress investors, Intrawests story could have taken a turn for the worse, adding its name to a long list of failed companies in 2008-09. "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. Prior to joining Alterra, Chelsea was a Lease Management Analyst within the accounting department at Gopuff, a Philadelphia based startup. Gains from Investments in Snowmaking Facilities. Ecological Economics 130 (October 2016): 339349. Mattcurrently resides in La Jolla, CA with his wife, daughter and son. Above all else, the emphasis on the skier, employee, and community experiences continues to shape the brand. Alterras real estate platform is strategically focused on our two core competencies ofresidential/mixed-usedevelopment (APG Living), andindustrial outdoor storage (IOS). 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. Alterra Property Group, LLC (Alterra) is an established real estate investment, development, and management company based in Philadelphia, PA. Liam lives in Philadelphia with his Wife and two Mutts. Lease Administrator Chelsea Holber Alterra Mountain Company Plans to Invest Nearly Half a Billion Dollars in Transformational Changes in the Year Ahead. Alterra Mountain Company. Matt and his wife have two children and reside outside of Philadelphia. Gillian earned her bachelors degree in Architecture from Tsinghua University. This is not a step "There are the zoning restrictions, and traditional industrial investors have converted a number of IOS properties. Accessed April 26, 2023. https://www.reuters.com/article/us-intrawestresorts-ipo-idUSBREA0U1EM20140131. Creating award-winning Intrawest Company Profile, 2023. Designed by Juggernaut Work. The Roanoke Times commented in 1995 that Intrawest has averaged 25 percent annual growth in skier visits. Alterra Property Group, LLC(Alterra) is an established real estate investment, development, and management company based in Philadelphia, PA. Thank you for your message. The prices, plans, amenities, availability, and improvements shown are subject to change without notice. Co-Founder & Managing PartnerLeo Addimando 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. Venture II was oversubscribed, closing $524MM of total commitments, exceeding the original fundraising goal of $400MM. In March, Alterrasold a 250K SF building in West Philly, one of the largest modular apartment projects in the country, for $88M. Jim graduated with a BS from Penn State University and a JD from Washington & Lee School of Law. Intrawest Foreclosure a Threat to Olympics. New York Post. Last modified January 20, 2010. Carolyns legal/real estate career began at law firms in Kalamazoo, MI (Legal Secretary) and then Atlanta, GA (Paralegal). Required fields are marked *, Notify me of followup comments via e-mail. Mark was born and raised in the Philadelphia area and currently resides in South Jersey with his wife and three children. Fortress Buys Intrawest for $2.8bn. PERE. Falk, Martin, and Sigbjorn Landazuri Tveteraas. 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. Leah is a graduate of Temple University with a Bachelors degree in Communications. communities for almost 50 years. All Rights Reserved. Lacee holds a Masters in Accounting from the University of Maryland-College Park and an undergraduate degree in accounting from the College of Charleston. 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. 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. 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. WebThe most common Alterra Property Group LLC email format is [first]. She remained at Liberty until February 2020 when it was acquired by Prologis. 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. Associate - Acquisitions & Asset ManagementGavin WeaverGavin focuses on acquisition opportunities and asset management functions at Alterra Property Group. Every major city in the country needs IOS real estate to support its infrastructure, logistics, and transportation industries. With smaller transactions that average between $5-20MM This community is located in the southern section of Chino Hills, off the Soquel Canyon Road exit of the 71 Freeway. Alterra Property Group. Plenty of commercial real estate companies operate in multiple asset classes, but few have a portfolio like Alterra Property Group. January 31, 2014. Currently, in his role at Alterra, Leo oversees management of the firm, provides overall vision and leadership to the company, serves on its Investment Committee, raises capital, overseas residential, mixed-use, and industrial development, and spearheads the firms residential/mixed-use development and investment strategy. He also holds a LEED AP designation under the USGBC. Parker resides in downtown Chicago with his wife and two children. With smaller transactions that average between $5-20MM and are below the radar of most institutional investors, Alterra is able to curate high quality national portfolios of IOS real estate. 416.964.1800 He grew Liberty to be one of the nations leading REITs with 112million square feet logistic portfolio across 24 US markets and the United Kingdom. Alterras real estate platform is strategically focused on our two core competencies of residential/mixed-use development ( APG Living ), and industrial outdoor storage ( IOS ). Our dedicated staff of industry experts strive to provide the highest level of management services for residential, retail and commercial properties. Rory joined Alterra in October 2021 as a Senior Fund Accountant working directly with Alterras IOS Fund. Over 53 communities developed. The fund was heavily oversubscribed, closing at $524 million of total commitments, versus the original fundraising goal of $400 million. Electrical and Electronics, Industrial 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. Lipton, Martin, Wachtell, Lipton, and Rosen & Katz. Deputy General CounselJim Freeman, Esq. Jeff resides in Pennsylvania with his wife and two children, and when not working or spending time with his family, enjoys golf, spending time at the shore and being a Philadelphia sports fan (most of the time). WebAlterra Wynwood is an assisted living residence that is purposefully designed to meet the needs of the frail elderly in a comfortable, home-like environment. He currently resides in South Philadelphia. Designed by Juggernaut Work. Jonhas completed projects working in a range of environments including industrial, manufacturing, hospital, lab expansions and corporate occupier. Mark has a Bachelors degree from the University of Pennsylvania and currently resides outside of Philadelphia with his wife and son. When they arent working, they enjoy traveling, snow and water sports, and backyard barbecues. January 20, 2010. Accessed April 18, 2023. https://www.sec.gov/Archives/edgar/data/1587755/000156761913000131/s000092x2_s1.htm. In the IOS space, we believe there is no substitute for experience, and our teams track record speaks for itself with more than 150 successful transactions, across 30+ states, and counting. The firm raised CAD$26 million through the initial public offering (IPO) to use in acquiring more ski assets, such as purchasing Mont Tremblant for $22 million in 1991. Associate - Acquisitions & Asset ManagementGavin Weaver Gavin graduated from the University of Delaware where he majored in Finance and currently lives in Center City Philadelphia. Material Development, Formula Development, Prior to joining Alterra, Matt focused on acquisitions on the East Coast for CenterSquare, a real estate private equity firm located in Philadelphia. VP IndustrialMatt McNutt Accessed April 17, 2023. https://www.sec.gov/Archives/edgar/data/1587755/000156761913000131/s000092x2_s1.htm, Intrawest Resort Holdings, Inc. Form 10-K/A 2016. DIRECTOR - IOS DEVELOPMENTJon Cordingley in Economics and Political Science from the University of Michigan, Ann Arbor. But Alterra'sacquisition of the sitefor leasing to Maxim led Bardonaro to realize the benefit of focusing more capital expenditure on his company's vehicle fleet. and striving to provide real estate solutions to tenants. All Rights Reserved. VP - IndustrialParker PearsonParker focuses on sourcing, underwriting and acquisition due diligence for Alterras Industrial Outdoor Storage platform. Co-Founding Partner & General CounselJeff Pustizzi Matt has an MBA from the Wharton School of the University of Pennsylvania and a B.S. Last modified January 11, 2018. She is a licensed Certified Public Accountant for the State of Pennsylvania and a member of the AICPA and PICPA. Intrawest Resorts Holdings, Inc. to Be Acquired by Affiliates of Aspen Skiing Company and KSL Capital Partners. Business Wire. Director - IOS ConstructionLiam SullivanLiam works as Senior Development Manager focusing on Mixed Use and Industrial projects. Altera Corp. (NASD: ALTR) presently has an above average rank, in [] Altera reports its third-quarter earnings on Thursday, October 23, 2014, and the consensus earnings per share estimate is 37 cents per share.The consensus estimate remains unchanged over the past month, but it has decreased from three months ago when it was 39 cents. Granito, Alison. WebEvery homeowner becomes a member of the Alterra family, a legacy going on 50 years. 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). 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. At this time, Fortress had owned Intrawest for seven long years. Leah is experienced in implementing innovative systems and creative strategies resulting in established brand identity, enhanced customer engagement, and lead generation. Fortress is a private equity firm that invests in businesses with strong asset bases and cash flows, such as real estate. Jim joined Prologis after it acquired Liberty Property Trust (LPT), where Jim served as lead transactional counsel overseeing and managing the acquisition, disposition, construction and development of industrial facilities throughout the United States. Holding positions in both Development and Construction, Liam successfully brought to market projects throughout the U.S. and Canada. She is a licensed Certified Public Accountant for the State of Pennsylvania and a member of the AICPA and PICPA. Alterra focused on hiring and elevating "high-ceiling individuals" to handle elements of both multifamily and industrial outdoor storage that Addimando might have previously done himself, he said. -, Alterra Capital Holdings Ltd : Markel Announces Completion Of Alterra Acquisition, Alterra Capital Holdings Ltd : Markel Reports First Quarter 2013 Results, Alterra Capital Holdings Ltd : Markel And Alterra Shareholders Overwhelmingly Approve Acquisition.