BEVERLY, Mass.--(BUSINESS WIRE)--Brookwood Financial Partners, LLC (“Brookwood”), a leading real estate investment and asset management company, today announced that Wendy Evans, Justin Heath and Steve Demarco have joined Brookwood Real Estate Management, LLC in Dallas, Texas. Ms. Evans will serve as a Senior Commercial Property Manager, overseeing the operations and maintenance of an office property owned by Brookwood in the Dallas/Ft. Worth area. Both Mr. Heath and Mr. Demarco will serve as Chief Engineers and will be responsible for supervising the building maintenance staff and vendors and performing hands-on work in the operation of properties in Dallas.
“Over the past several years, we have acquired a total of 12 buildings in the Dallas/Ft. Worth and San Antonio areas, representing over 1.2 million square feet, and have plans to increase the portfolio substantially over the next 12 to 18 months,” stated Kurt Zernich, Brookwood’s Director of Asset Management. “We are targeting for acquisition value-add properties that we will reposition as needed, lease-up and sell into an improving market. We will be spending over $30 million in targeted capital improvements and tenant improvements spread throughout the portfolio and have expanded and enhanced our asset and property management team to drive the value creation of our Texas portfolio. Wendy, Jay and Steve are terrific additions to our expanding property and asset management team in Texas.”
Ms. Evans has more than 10 years of property management experience and currently holds the RPA designation and a Texas Real Estate Salesperson License. Ms. Evans joins Brookwood from Cassidy Turley where she managed the Galleria North Tower as well as Collings Crossing in Dallas. She began her career with ING Clarion and before that worked for Hines Interests where she completed Hines’ in-house management training program and also managed the Galleria North Tower. Ms. Evans is a graduate of the University of Texas at Arlington with a Bachelor’s degree in Business Administration and Real Estate.
Mr. Demarco has more than 17 years of engineering experience in commercial, healthcare, data and residential facilities. Prior to joining Brookwood, Mr. Demarco worked for CBRE as the Chief Engineer for the Bank of America campus in Dallas. Previously, he was a chief engineer for both ATT and Trump Towers. Mr. Demarco graduated from Rutgers University with a BS in structural engineering and holds a master electrician license, a master plumbing license and an EPA universal refrigerant certification.
Mr. Heath has more than 11 years of engineering experience in commercial and data facilities. Most recently, Mr. Heath was a facility supervisor with Cassidy Turley and prior to that, he was an engineer with Johnson Controls and Nortel Networks. Mr. Demarco is a graduate of Hillsboro Junior College and holds an electrician’s license and an EPA universal refrigerant certification.
About Brookwood Financial Partners, LLC – Brookwood is a Massachusetts-based private investment firm founded in 1993 that specializes in acquiring and managing commercial real estate and corporate securities on behalf of a select group of institutional and high net worth investors, family offices and trusts. Since its inception, Brookwood has invested over $640 million of equity to acquire a portfolio of 143 assets with a realized and unrealized value in excess of $1.7 billion that has spanned multiple asset classes, geographical markets and industries across the United States.