Darin Rayburn is back in the real estate and development industry. The former president and CEO of Melcor Developments and Melcor REIT (MR-UN-T) has been named president of KV Capital’s new Real Estate Equity Partners division.
Rayburn is joining KV’s ownership group as part of the appointment. He brings over 30 years of real estate industry experience to the position, in many facets of development and portfolio management.
“Darin is top-tier. He is, quite deservedly, highly respected across North America’s real estate industry and we are very confident in the calibre of his leadership and ability to execute,” said KV Capital CEO Aleem Virani in the announcement.
The Edmonton-based venture will provide equity capital to Western Canadian developers through joint ventures and strategic partnerships.
“I’m always looking for innovative opportunities to drive value – and this new vertical does exactly that by providing a much-needed Western Canadian-based equity sponsor that sticks to its knitting, focusing on the markets we know intimately and where we have deep relationships,” Rayburn said in the release.
Macdonald new Nova Net Lease REIT CEO
Nova Net Lease REIT (NNL-U-CN), a Canadian-U.S. cross-border real estate investment trust focused on specialty agricultural assets, announced the appointment of Tyson Macdonald as its new president and CEO.
Macdonald will be responsible for all operations, acquisitions, leasing, financing and capital markets activities of the REIT, replacing Richard Michaeloff who is stepping down for personal reasons.
Macdonald most recently served as CFO for Cloud Cannabis, a Detroit-based cultivator, manufacturer and retailer. Cloud is the REIT’s largest unitholder and occupies the REIT’s Kalamazoo property.
Macdonald holds a degree in mathematics from the College of the Holy Cross and has worked extensively in acquisitions, corporate development and as an executive and strategic advisor for public and private companies in various industries including hedge funds, financial services, technology and licensed cannabis operations.
Macdonald has resigned his current positions and will assist with transiting his previous responsibilities. Michaeloff will temporarily remain on the board of trustees of the REIT to assist with the transition.
Turner & Townsend moves Bartlett to Canada
Turner & Townsend has brought in Julian Bartlett as head of infrastructure, Canada, to develop and execute a long-term growth strategy for the business.
He’s moving from Turner & Townsend’s global head office in the United Kingdom, where he had served as head of cost and controls on the Crossrail project.
Bartlett brings over 25 years of experience in commercial management from a wide range of infrastructure projects in the U.K.
He was instrumental in establishing and governing commercial control processes for Crossrail, and subsequently led the commercial and controls team at London’s Heathrow Airport.
Williams becomes a VP at Tribe
Williams brings over 15 years of experience in investor relations, blending knowledge of capital markets, corporate communications, investor relations and marketing.
She has worked with both private and public companies, including Element Financial, Hexo, Zenabis and Premier Gold.
Williams holds an executive MBA from Ivey Business School at Western University and received her bachelor of commerce degree from Ryerson University.
Chapman becomes partner at ENCOR
ENCOR Advisors Canada Ltd. of Toronto announced Blake Chapman has become its newest partner.
Chapman started in commercial real estate a decade ago and has completed over 250 tenant advisory transactions. In 2019, he received the CoStar Power Broker Award, recognizing him for these achievements.
In 2017, Chapman joined David Dennis‘ professional advisory team, quickly rose to a leadership role and now manages the group.
“He has been a great asset to the ENCOR team and now he will be a great asset to our partnership for many years to come,” said Rob Tkatch, chief operating officer.
“We thank him for his commitment and look forward to many more awards, celebrations and achievements together.”
New technology head at ApartmentLove
Having particular expertise in SAAS computing, game management systems, and blockchain applications, Lang has been at the forefront of the technical revolution since before the inception of the Internet.
Prior to joining ApartmentLove, Lang consulted as technical architect of the British Columbia Lottery Corp., chiefly responsible for ensuring the continuous play and reliable performance of the digital lottery terminal network across B.C.
Prior to his engagement with the BCLC, he was the enterprise manager of a major SAAS computing company.
Having consulted with ApartmentLove since 2020, Lang already has a mastery of its code base and established working relationships with the engineering team.
New directors at Frontenac
Frontenac Mortgage Investment Corp. has appointed Ryan Wykes and Allison Martin as directors. Wykes and Martin will stand for election by shareholders at the June AGM.
Wykes is a managing partner at The Spring Team, in Toronto. He has worked to build one of Toronto’s top real estate teams by setting KPIs and strategy goals for a team of mortgage agents, operations and marketing staff.
He has experience as a real estate broker with Re/Max and as SVP of sales for Property.ca.
Wykes graduated from McMaster University in 2004 with a B.Comm marketing degree, then attained his MBA in marketing from Sejong/Syracuse University in 2008.
Martin is the chief marketing and communications officer, EMEA with AIG Insurance Group, based out of Toronto.
She has worked with the EMEA CEO to design, implement and measure a corporate communications programme across 29 EMEA countries, and has experience in global marketing and sales strategies.
Martin graduated from McMaster University in 2001 from the bachelor of arts program in sociology, followed by an MBA from the Lausanne Business School in Switzerland.