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Broccolini passes torch, new execs at CBRE, CPP, C&W, CDPQ ...

Anthony Broccolini, named CEO of family owned, Montreal-based Broccolini. (Courtesy Broccolini)
Anthony Broccolini, named CEO of family owned, Montreal-based Broccolini. (Courtesy Broccolini)

Broccolini is passing its leadership to the third generation within the family-owned company. Anthony Broccolini has been named CEO, succeeding his father, John Broccolini, who will remain a special advisor and mentor to the construction team and vice-chair of the board.

In addition, Michael Broccolini has been named chief investment officer and will become president of real estate when Roger Plamondon retires in June 2023.

Also promoted is Mario Garippo, the VP construction and national accounts, who will become president of construction in June 2023. In the interim, Garippo will collaborate with long-time president Nick Iwanowski, who will retire at the end of 2023.

The moves are a continuation of the path set out by Donato Broccolini, who founded the firm in 1949.

Brothers John, Joseph and Paul, the second generation of Broccolinis, continued to build the company and will remain deeply involved in the business.

After studying architectural technology, Anthony advanced the family business by helping lead Broccolini's entry to the Ontario market and developing new niches in the construction of high-rise buildings, real estate development, asset management and sustainable construction.

Michael will continue to play a key role in setting the organization's strategic direction, while overseeing the real estate, development and financial aspects.

Garippo joined the Broccolini team over 25 years ago and has overseen larger and larger construction operations and led the Broccolini construction team to deliver over 10 million square feet of facilities for Amazon in recent years.

Morassutti new chair at CBRE Canada

Paul Morassutti has been appointed chair of CBRE Canada, where he will put his 30 years of commercial real estate experience to work in an expanded role.

Morassutti will continue to support CBRE's valuation and advisory services professionals and help them execute a new growth strategy while expanding his national client focus.

He will drive CBRE's Market Outlook Breakfast Series, support additional thought leadership and increase his involvement with the client care team, with a specific focus on ESG programs. 

He will also expand CBRE's litigation practice nationally.

With the promotion of Morassutti, CBRE Canada valuation and advisory services will be led by Adam Hannah with a senior management team consisting of Angela Taylor, Chris Marlyn and Aaron Harlang.

Longchamps promoted at CDPQ

CDPQ has appointed Martin Longchamps executive vice-president and head of private equity.

Longchamps will work in CDPQ's Montréal office and will be responsible for the international private equity portfolio.

Before joining CDPQ, Longchamps was managing director, head of origination and execution, private equity, at PSP Investments.

He earned an MBA from Harvard Business School and a bachelor's degree in commerce from McGill University.

He has previously worked as vice-president, corporate development at Transcontinental, as a partner at Edgestone Capital Partners and as an investment analyst at CDP Capital Communications, previously a CDPQ subsidiary.

He replaces Martin Laguerre, who has led the private equity portfolio for the past three years.

Levasseur, Silver join CAPREIT board

Canadian Apartment Properties REIT (CAR-UN-T) announced the appointments of Gervais Levasseur and Ken Silver to its board of trustees.

CAPREIT also announced Poonam Puri has stepped down from the board to focus on her other endeavours. Puri served as a trustee for CAPREIT since 2019.

Levasseur has spent most of his career at Ivanhoé Cambridge. Since 2015, after departing Ivanhoé Cambridge, he has been an independent strategic planning and management consultant.

During his tenure at Ivanhoé Cambridge, Levasseur was executive vice-president and chief financial officer from 1992 to 2014.

Levasseur began his career at KPMG Canada, after which he went on to serve as chief accountant and controller at CN Real Estate and then as controller at SNC-Lavalin.

Silver has more than 30 years of experience in retail and commercial real estate, and in the retail industry. He was president and CEO of CT REIT from its IPO in 2013 until his retirement in May. 

Previously, Silver was SVP, corporate strategy and real estate for Canadian Tire Corp., and president, Canadian Tire Real Estate Ltd.

Silver has board experience with York University, CT REIT, the Real Property Association of Canada, Build Toronto and Eva’s Initiatives for Youth.

Manley, Athaide take new roles at CPP Investments

Richard Manley has been named the chief sustainability officer at CPP Investments.

Since joining CPP Investments in 2019 as managing director, head of sustainable investing, Manley played a key role in evolving the integration of environmental, social and governance factors. 

Prior to joining CPP Investments, Manley spent 18 years at Goldman Sachs, where he was most recently global head of thematic equity and ESG research, and co-head of EMEA equity research.

Previously, he worked at Merrill Lynch, Donaldson, Lufkin and Jenrette, and Paribas Capital Markets. 

Manley holds a BA in European business administration from ICADE in Madrid.

He is chair of the ISSB Investor Advisory Group and a member of the Task Force on Climate-related Financial Disclosures and the U.K. government's Transition Pathways Taskforce's Delivery Group.

CPP Investments also named Judith Athaide as a member of its board.

She is president and CEO of The Cogent Group Inc., and a corporate director.

She previously held a variety of senior commercial and technical roles in the energy industry, as well as academic positions at the Universities of Alberta and Calgary and at Brandon and Mount Royal Universities.

Athaide holds a B. Comm (honours) from the University of Manitoba and a MBA and  bachelor of science in mechanical engineering from the University of Alberta and holds the ICD designation.

Farley steps down from Slate boards

Slate Office REIT (SOT-UN-T) announced Thomas Farley has resigned as trustee and chair of the board for personal reasons. Farley had served on the board since May 2017 and as Chair since December 2020.

He has also stepped down as a trustee of Slate Grocery REIT (SGR-UN-T).

Monty Baker has been appointed interim chair of the Slate Office board and Michael Fitzgerald was named chair of the investment committee.

MacPherson heads C&W’s Canada capital markets division

Cushman & Wakefield executive managing director Scott MacPherson has been appointed the firm's new head of capital markets, Canada. (Courtesy Cushman & Wakefield)
Cushman & Wakefield executive managing director Scott MacPherson has been appointed the firm's new head of capital markets, Canada. (Courtesy Cushman & Wakefield)

Cushman & Wakefield has named executive managing director Scott MacPherson its new head of capital markets, Canada. 

MacPherson joined the firm in 2009 as an investment broker in the capital markets group. Over the past four years, he led the equity, debt and structured finance group.

Along with his Canadian responsibilities, he also sits on Cushman & Wakefield’s global capital markets leadership committee where he participates in developing inflow and outflow capital strategies for institutional clients. 

Prior to joining Cushman & Wakefield, MacPherson worked in New York and London with Blackheath Financial, a leading commercial real estate capital markets advisor. 

Voutsinas becomes member of Trez board

Christopher Voutsinas has been appointed to the board of governors of Trez Capital.

Voutsinas has over 30 years of real estate investment management and private equity experience. He is president of Capital Value and Income Corp., a proprietary investment and advisory firm he founded in 2011. 

Voutsinas has extensive experience with multinational firms and has held senior leadership roles at prominent institutions including managing director, global head of real estate asset management at Deutsche Bank and executive director, real estate principal investment area at Goldman Sachs.

He holds an MBA from the Wharton School of Business, a master of science in real estate development from M.I.T., and a bachelor of architecture from McGill University.

Stewart Robertson, who served on the Trez board for many years, has reached the end of his term of service.

Mook to lead new Lee and Associates Calgary office

Commercial real estate firm Lee & Associates has opened a new office in Calgary and named Jon C. Mook, SIOR, to lead its new team in the city.

Emily Goodman has been hired as a vice-president and principal, and in addition to transactional agents, Jack Mazury, Diana Didi, and Ann-Marie Muldoon will also be part of the team. 

Mook brings over 24 years of experience in industrial brokerage and development. Following his start in 1998, Mook spent 14 years at JJ Barnicke and Colliers International. 

Since 2012, he has led the industrial division as executive vice-president at Barclay Street Real Estate Ltd., a boutique firm in Calgary.  He has spearheaded over 600 transactions and the construction of 45 industrial facilities.

BSR’s Brazeal retires; Koehn, Barger get new roles

BSR REIT (HOM-U-T) announced the retirement of Blake Brazeal, the REIT's co-president and chief operating officer, effective Dec. 31. 

Susan Koehn, the REIT's chief financial officer and corporate secretary, will assume the role of COO and Brandon Barger, the REIT's current chief accounting officer, will assume the role of CFO and corporate secretary. 

Brazeal has served as the COO of the REIT and its predecessor since 2004. 

Koehn served as CFO since 2016 and as CAO from 2014 to 2016. 

Barger joined the REIT's predecessor in 2014 as the director of financial reporting and became chief accounting officer in 2017.

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