MANAGEMENT Who's News PERSONNEL

Real Estate Weekly, Sept 20, 2000

Jeffrey M. Schotz, Senior Vice President/Managing Dir.-NJ Division, Reckson Associates Realty Corporation announced the appointment of Aaron H. Galileo (photo) as Leasing Associate. Galileo joined Reckson Associates from CB Richard Ellis where he was an Associate. Galileo will work with Steve Jennings, Reckson's Vice President of Leasing for the company's New Jersey division.

Galileo earned his Juris Doctor from the Seton Hall University School of Law and is currently pursuing a Masters in Real Estate Development at New York University.

He resides in Nutley.

Arbor National Commercial Mortgage, LLC announced the promotion of John Caulfied to vice president of capital markets and operations. Caulfield has more than 14 years experience with commercial and residential mortgage. He will be responsible for day-to-day operations of non-credit functions and will oversee the pricing, investor relations, and production process management, including the application, rate lock, closing, and funding functions. He manages all capital markets activities, including interest rate risk management and secondary marketing activities for Arbor. His responsibilities include the pricing and selling of Fannie Mae MBS/DUS and conduit loans and managing Arbor's pipeline to ensure timely underwriting and funding.

Before joining Arbor National Commercial Mortgage in 1995, Caulfied was vice president of secondary marketing at Arbor National Holdings, Inc. During his seven years with Arbor Holdings, he assisted in the growth of the firm from a start-up operation to a publicly held national residential mortgage corporation. Mr. Caulfield began his career at E.F. Hutton & Co. Inc., where he was a supervisory trainee.

CB Richard Ellis has promoted Steven A. Swerdlow to the position of Executive Managing Director - Eastern Division, in an appointment announced by Chairman of the Americas, Brett White.

Additionally, the company, recognizing the significance of the New York real estate marketplace, will relocate the Eastern Division headquarters to New York City.

Swerdlow will replace Skip Beebe, who has been promoted to Executive Managing Director -- Organizational Development. Both appointments will become effective January 1, 2001.

Swerdlow will remain based at the 560 Lexington Avenue office, where he will continue to work closely with Managing Director Allan Rothschild in running the New York operations.

Swerdlow joined CB Richard Ellis in 1990 as Managing Director of the New York City office. He was promoted to Senior Managing Director of the New York Region in 1995. During his leadership role at CB Richard Ellis, Swerdlow helped grow New York area revenues tenfold. He led cultural and organizational changes that accelerated the company' growth in New York, emphasizing areas such as Corporate Services, Consulting and Strategic Planning, and Real Estate Investment Banking, leveraging the distinct competitive advantages of the world's largest and most diverse real estate services company.

The Staubach Company has announced that Charles H. Dillon has joined the company as vice president of Staubach's New Jersey office.

In his new position, Dillon will be concentrating on new business development and client service. Prior to joining The Staubach Company, Dillon was employed by CB Richard Ellis, Inc. As part of a corporate advisory team, he was dedicated to serving the real estate needs of major corporations and financial institutions nationwide. Specializing in tenant representation, Dillon was one of the top sales producers at CB Richard Ellis' Central New Jersey office. In addition, he was a member of an exclusive listing and marketing team for Koll Corporate Plaza Associates' 660,000 SF of first class office space in Woodbridge, N.J.

The Lefrak Organization has appointed Charles J. Mehlman (photo) to senior vice president and general manager of Mid State Management Corporation, the company's management division. Mr. Mehlman has been with the multi-billion-dollar company since 1979.

Mehlman's duties will be to supervise all residential operations for Mid State Management on a nationwide basis. In addition, he will serve as president of Mid City Security Services Inc., the in-house private investigative and security department of the subsidiary.

Prior to joining the Lefrak Organization Mehlman was director of Owner Tenant Operations and assistant counsel to the Rent Stabilization Association.

A graduate of Brooklyn Law School, Mehlman is an attorney. He resides in Long Island, N.Y.

Reilly Mortgage Group recently announced the appointment of Winston Moore as vice president in the McLean, Va. office.

Winston came to Reilly from Capri Capital in Rosslyn, Va., where he spent the last 10 years originating and underwriting FHA and Fannie Mae DUS loans. Winston has more than 20 years of experience in banking, multi-family, and commercial properly lending. At Reilly, his responsibilities will include the origination of loans and the underwriting of properties under the new FHA M.A.P. (multifamily accelerated processing), Fannie Mae DUS, and Freddie Mac Program Plus lending programs.