Commercial and Multifamily People in the News Jan. 26, 2023

RCLCO Fund Advisors Promotes Simon Soomekh to Managing Director

RCLCO Real Estate Consulting and affiliate RCLCO Fund Advisors promoted Simon Soomekh to the position of Managing Director.

Simon advises clients on a wide range of portfolio and asset management issues, including investment performance reporting, hold/sell analyses, and business and project planning, and leads the review and selection of potential managers at RFA. Simon assists in managing relationships with institutional investor clients and serves as a key point of contact in developing project scope and parameters. He also leads recruiting, training, and mentoring of RFA’s junior analysts and associates. Simon is also a key member responsible for the strategic implementation of RFA’s best-in-class processes and procedures for investment underwriting and financial analyses.

Prior to joining RCLCO in 2014, Simon was a Senior Investment Associate for PM Realty Group assigned exclusively to American Realty Advisors commercial portfolios. During his tenure with PMRG/ARA, Simon was an integral member in closing over $530M in real estate acquisitions ranging from core to value-add deals. Prior to joining PMRG/ARA, Simon was involved with acquisitions and investments at a privately held real estate investment firm based in Beverly Hills. He has extensive experience sourcing, underwriting, and investing in commercial properties—most notably multifamily, retail, and office assets.

BWE Investment Sales Appoints Cody Carey Vice President

BWE Investment Sales LLC, a Bellwether Enterprise Real Estate Capital affiliate, said Cody Carey joined the company as a Vice President to focus on the multifamily investment sales platform.

Carey brings with him a team including Ted Hobson and CJ Trudell and will be based in the firm’s Columbus, Ohio office.

Before joining BWEIS, Carey was a Vice President in Colliers International’s Columbus office, where he spearheaded the expansion of the Colliers Multifamily Investment Sales team throughout the Midwest with a predominant focus on the Ohio markets.