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

(Cullen, left, and Bonomo)

M&T Realty Capital Announces New Personnel in Affordable Housing

M&T Realty Capital Corp., Baltimore, announced Sean Cullen was appointed to Affordable Housing Platform Manager. He will be responsible for overseeing affordable housing production, managing relationships with capital sources and expanding the affordable team.

Cullen has more than 27 years in multifamily and affordable housing finance, and has been with M&T RCC since 2021 as Managing Director.

David Bonomo also has joined M&T RCC as Managing Director for Multifamily Originations in the New Jersey and New York Offices.

He has more than 30 years of diversified capital markets and transaction experience, with significant concentration in affordable housing.

CBRE Adds VP in Debt and Structured Finance

CBRE, Dallas, announced DJ Elefant as a new member of the Debt & Structured Finance team, as a Vice President focusing on multifamily and senior housing clients.

Elefant previously was with Greystone for more than nine years, originating loans in the multifamily and health care sectors.

He has extensive expertise in financing market rate and affordable housing properties, and properties within the senior housing sector.

JLL Releases Number of Hiring Announcements

JLL, Chicago, announced a number additions.

Jessica White will join JLL’s Value and Risk Advisory platform, as a Director in the Los Angeles Office.

The JLL Value and Risk Advisory platform also announced that Nick Askew will join as a Director in Dallas and Tom Jeffries will join as an Executive Director in Denver.

Kieran Miller will join the platform as a Senior Director in New York, and Justin Perkins as a Director in Los Angeles.

Finally, the JLL Value and Risk Advisory Platform announced the addition of Jay Sterling as a Director in Dallas and Jack Tait as a Director in Tampa, Fla., in the retail valuation practice.