Fogelman Management Group in Memphis promoted John Barger to vice president of Real Estate Services. Barger, who joined the company in 2000, will coordinate due diligence efforts related to the company’s property acquisition program while continuing to oversee and direct all corporate efforts involving national accounts, ancillary revenues, expense control, premises liability, and utility management.
Eric Weiner has been named president of Cornerstone Realty Services, an affiliate of Coral Gables, Fla.-based Cornerstone Group. Weiner joined Cornerstone Group as director of its asset and risk management group in 2001, bringing 12 years of real estate and finance experience. During his tenure, he negotiated $2.5 million in savings in property insurance premiums, directed the sales of $110 million in Cornerstone-built properties, and oversaw the performance of 55 multifamily communities. “We believe Eric’s in-depth knowledge of asset management, as well as his ability to understand the needs of owners of multifamily residential properties, will enable him to build our newest division into a successful enterprise,” said Jorge Lopez, Cornerstone Group’s co-chairman.
O’Neill Properties has expanded its management team. The Philadelphia-based real estate developer recently named Eric Morgan as vice president of strategic planning a n d r e a l e s t a t e development and Georgann Berger McKenna as vice McKenna president of human resources. The company also hired James Savard, formerly of Jones Lang LaSalle in Philadelphia, as vice president of acquisitions and transactions. “I am extremely excited to join a company like O’Neill Properties,” Savard says. “O’Neill has sought opportunities and garnered true success while others have not. Projects such as Corinthian, Millennium Complex, and Riverview at Valley Forge illustrate how a focused Savard and visionary company can continue to leverage real estate development deals to a maximum return in today’s market.” They will be based at O’Neill’s corporate headquarters in King of Prussia, Pa.
The University of Southern California’s Lusk Center for Real Estate has named Delores Conway as the new director of the Casden Real Estate Economics Forecast. Conway, an associate professor of statistics in USC’s business school, is known for her research on financial pricing models. She is currently studying price movements in the California housing market.
Prudential Mortgage Capital Co. has named Frank Guzikowski as interim manager of its Fannie Mae portfolio. Guzikowski replaces Doug Moritz, who retired from Prudential in December. Guzikowski, who currently serves as Prudential’s regional portfolio manager for Fannie Mae lending, is based in McLean, Va.
Steven Dunn has joined CB Richard Ellis’ information management department as chief economist. Dunn, who has more than 17 years of commercial real estate experience, will be responsible for national research reports at the New York-based commercial real estate services firm. Prior to joining CBRE, he was national accounts director at commercial real estate research firm Reis.
MMA Financial has named Frank G. Creamer Jr. as executive vice president and executive director of the company’s fund management group. Previously, he was a principal at Lend Lease, where he handled high-yield debt and marketing for the commercial credit group. Also on his resume: Citicorp, where he served as executive director of the banking giant’s global real estate activities.
Arbor Commercial Mortgage has promoted Wendy Stamnas to FHA chief underwriter, where she will provide direction and technical guidance to the Uniondale, N.Y.-based company’s FHA underwriting group. She will be based in Arbor’s Boston office.
Patrick V. Kinlan has joined Holliday Fenoglio Fowler in Washington, D.C., where he will lead the real estate investment bank’s Freddie Mac-related initiatives, including working with the firm’s national multifamily producer group.
Sperry Van Ness has named Stan Proden as senior advisor, expanding the firm’s presence in the Twin Cities region of Minneapolis, St. Paul, and northwestern Wisconsin. Prior to joining Sperry Van Ness, Proden ser ved as owner of Proden Associates, a commercial investment real estate and land development firm in Amery, Wis. The addition of Proden is part of Sperry Van Ness’ national expansion program, which has grown the company from nine markets to more than 100 markets in approximately three years.