NORTHBROOK, Ill.--(BUSINESS WIRE)--Greg Apter, President of Hilco Real Estate, LLC announced the appointment of Tom Davidson as Senior Vice President for the company. Davidson will be responsible for helping customers maximize value through acquisitions of assets and locations, mitigation of lease liabilities through rent reductions, lease terminations, disposition of retail and industrial locations, strategic retail advisory services, lease renewals, and valuation projects in the US and Canada.
“We’re thrilled to have Tom join the Hilco real estate team. His innovative and collaborative approach and his extensive network of long-term relationships within the industry make him a terrific addition to our organization,” said Apter.
Prior to joining Hilco, Tom was a consultant with A&G Realty Partners and previously with DJM Realty for 8 years. Tom’s retail experience was forged during his 25+ year affiliation with teen apparel retailer Weathervane, where he formerly served as Chief Operating Officer.
Tom is an ICSC member and graduated with a Bachelor of Science Degree from Syracuse University.
About Hilco Real Estate LLC: Hilco’s real estate group helps improve leverage and cash flow for retailers and other business owners by optimizing their real estate commitments, during times of both strategic growth and repositioning/restructuring. Our objective is to create value for our clients -- in both standard and accelerated timeframes. Core competencies include strategic advisory and consulting, debt management services, lease sale/assignment, lease termination, subleasing, lease renegotiation, acquisition of properties and sale of non-core owned assets, sale/leaseback transactions, and appraisal for leased and owned assets. For more information on real estate solutions, please visit www.hilcorealestate.com.
Hilco Real Estate LLC is a unit of Hilco Trading LLC, a privately-held, diversified financial and operational services firm. The Hilco Organization headquarters is in Northbrook, Illinois and the company serves retailers, wholesalers, distributors, and manufacturers around the world. For more information please visit our web site: www.hilcotrading.com.