HR Execs on the Move

Pomeroy Appraisal Associates

www.pomeroyappraisal.com

 
Pomeroy Appraisal Associates is a Syracuse, NY-based company in the Real Estate and Construction sector.
  • Number of Employees: 25-100
  • Annual Revenue: $1-10 Million

Executives

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GVD Commercial Properties

GVD Commercial Properties, Inc. is a US-based real estate development, investment, and management company founded in 1974 by noted shopping center developer Gerald V. Dicker. GVDis well known for its ability to quickly analyze, fund and close complex transactions, most of which involve prime properties held for long term investment. An innovator in the retail commercial real estate field for over 35 years, GVD initially specialized in the acquisition, development, redevelopment, and management of shopping centers throughout California, the Southwest, and the Pacific Northwest. Over the years, GVD also accumulated a substantial portfolio of net leased investment properties across the country, and now owns over 100 properties in 18 states, totaling more than 2 Million square feet of buildings. The majority of GVD`s assets are managed in-house by a staff of highly trained real estate professionals located in GVD`s Orange, California and Spokane, Washington offices. GVD`s properties are generally owned debt-free, generating substantial cash flow each year to invest in new properties, or to reinvest in its existing properties. GVD`s fiscal conservatism, limited use of financing, and strong cash position have allowed it to survive and grow during economic downturns that were difficult for most others in the real estate industry to weather. GVD began as a neighborhood shopping center developer, but by the late 1980`s had pioneered the development of the "power center", which combined large promotional tenants such as Costco, Home Depot, IKEA, Toys R Us, theatre multiplexes and other "big-box" users, with restaurants and smaller retail users. GVD was also one of the first to partner with community redevelopment agencies to renovate and re-position out-dated shopping centers and mixed-use projects. Such GVDredevelopment projects include the 95-acre Plaza at Puente Hills in the City of Industry, California, and the 40-acre Fullerton Town Center in Fullerton, California. GVD has in-house expertise in all phases of real estate development, including site analysis, government entitlements, construction, financing, leasing, and on-going asset and property management. Regional and national tenants frequently ask GVD to develop new projects for them, to purchase existing centers in which they are located, and to invest in their sale/leaseback properties. When dealing with GVD, tenants know that they will be treated fairly and that GVD has the financial capabilities, expertise, and staff to complete the transaction. GVD develops many of its projects as joint ventures with financially conservative landowners who seek stable cash flow and long term appreciation. GVD is sensitive to the wishes and needs of the communities in which it develops.

SL Green

SL Green Realty Corp., New York City`s largest office landlord, is the only fully integrated real estateinvestment trust, or REIT, that is focused primarily on acquiring, managing and maximizing value ofManhattan commercial properties. The Company was formed on August 20, 1997 to continue the commercial real estate business ofS.L. Green Properties Inc., a company that was founded in 1980 by Stephen L. Green, our currentChairman. For more than 25 years SL Green has been engaged in the business of owning, managing,leasing, acquiring and repositioning office properties in Manhattan. The Company`s investment focus isto create value through strategically acquiring, redeveloping and repositioning office properties primarilylocated in Manhattan, and re-leasing and managing these properties for maximum cash flow. In 2007, SL Green acquired Reckson Associates Realty Corp. and added over 9 million square feet to itsportfolio. Included in this total is over 3 million square feet of Class A office space located in Westchester,New York and Stamford, Connecticut. These suburban portfolios serve as natural extensions of SLGreen`s core ownership in the Grand Central submarket of Midtown Manhattan. The Company hassince made selective additions and dispositions to the holdings in these areas. As of September 30, 2014, SL Green held interests in 96 Manhattan buildings totaling 44.1 million square feet. This included ownership interests in 28.0 million square feet of commercial buildings and debt and preferred equity investments secured by 16.1 million square feet of buildings. In addition to its Manhattan investments, SL Green held ownership interests in 35 suburban buildings totaling 5.9 million square feet in Brooklyn, Long Island, Westchester County, Connecticut and New Jersey.