Sep 2, 2011
PM REALTY GROUP NAMES KRISTEN VANCE EASTERN DIVISION DIRECTOR OF OPERATIONS
ATLANTA,GA - PM Realty Group (PMRG), a national, full-service commercial real estate firm, today announced that Kristen Vance has been named Eastern Division Director of Operations and is responsible for all aspects of operations within the Eastern Division, including asset management, property management, engineering, and construction management for a portfolio totaling over 20 million square feet. Prior to her current position, Ms. Vance served as Portfolio Manager, responsible for asset and property management of a portfolio of office product totaling 800,000 square feet.
Prior to joining PMRG, Ms. Vance was Vice President of Asset Management for iStar Financial, Inc., where she was responsible for a geographically diverse portfolio of loan and equity assets consisting of office, industrial, and specialty properties totaling over 10 million square feet with a market value exceeding $1.0 Billion. While at iStar, she successfully marketed and disposed of assets with a combined market value exceeding $200 million for net profits greater than $25 million.
Ms. Vance has extensive financial analysis and modeling experience, as well as proficiency in all aspects of due diligence, including legal, structural, environmental and financial. She has served a diverse client mix including Institutional, TIC and Special Servicers and has taken over assets as receiver, through the foreclosure, stabilization, and sales process.
"Kristen is well known for her focused approach to serving PMRG clients; simply, she is driven to increase the underlying value of their real estate investments," said Dave Parker, Executive Vice President and Managing Director of the Eastern Division." She has experience with all of our offices on the East Coast, including Boston, Washington DC, Suburban New Jersey, Atlanta, Charlotte and South Florida. Her asset management experience in multiple markets, during her tenure at iStar, is invaluable to us as we continue to expand our platform."
She holds a Masters of Business Administration degree in Finance from Georgia State University, and a Bachelor of Business Administration degree in International Finance from the University of Georgia.
PMRG merged operations with Madison Marquette in June 2018 to create a new leader in commercial real estate. The firm offers PMRG’s leasing, property management, investment management and development services, combined with Madison Marquette’s specialized development, investment and marketing expertise. Madison Marquette’s strength in retail and mixed-use assets joins PMRG’s office, medical, industrial and multi-family capabilities to provide national leadership across asset classes. PMRG’s dominance in the southern US combines with Madison Marquette’s presence in primary gateway markets on both coasts to serve the top institutional owners and investors in the industry. The company provides leasing and management services to a diverse portfolio of 330 assets in 24 states and manages an investment portfolio valued at over $6 billion. The combined company is headquartered in Washington, DC with a major presence in Houston, TX. With 600 professionals in 12 regional markets, the merged firm is a member of the Capital Guidance group of companies.