Meet the 2016 - 2017 leadership of the Real Estate Finance Association

August 19, 2016 - Connecticut

Bloomfield, CT REFA-CT introduces new leadership:

President:  Al Mirin, Cushman & Wakefield

Mirin, considered one of the most accomplished commercial real estate professionals in Fairfield and Westchester Counties, is an executive director, Investment Sales, in Cushman & Wakefield’s Stamford office.

Mirin has been recognized as a top producer in investment sales in the region for the past 20 years. He is a leader in Cushman & Wakefield’s regional Investment Sales Group and heads the Private Capital Group, which specializes in middle market building sales ranging from $2 to $15 million. In this position, Mirin is able to enhance his value proposition with his clients, advising them on how to increase long-term asset value when the time comes to monetize that asset whether through sale or financing. The Private Capital Group focuses on strategic consulting on behalf of owners of office, industrial, retail and multi-housing properties in Fairfield and Westchester Counties.   

Mirin has been a member of several industry and business organizations including: The Westchester County Bar Association and the Stamford Chamber of Commerce. He serves as president of the Real Estate Finance Association of Connecticut, is board president of the Human Services Council of Norwalk and he is board vice president of 40 South Main Street, a 40-unit shelter in Norwalk, CT.

Fairfield/Westchester Chapter President:  John Greenspan, David Adam Realty (DAR)

Greenspan joined DAR in 2013 as director of acquisitions and asset management, and was promoted to managing director, investments in 2016 at David Adam Realty. He has over fifteen years of institutional real estate investment experience.

Greenspan has a BA in American Studies from Trinity College, and an MBA from Georgetown University.   He is a member of ICSC and is the president of the Fairfield County chapter of the Real Estate Finance Association of Connecticut (REFA-CT) for 2016-17.

Fairfield/Westchester Chapter Vice President:  Craig Way, The HB Nitkin Group

Way is VP, director of leasing & acquisitions for HB Nitkin Group, handles all portfolio leasing activities and is involved in all major company decisions. Other direct responsibilities include sourcing new acquisitions, dispositions, supervising tenant improvement work and attaining permits and approvals for pad site developments.

Since arriving at The HB Nitkin Group in 1995, Way has fostered quality relationships with brokers and tenants alike which have led to consistent portfolio occupancy of over 95%. He has completed leasing transactions with over 300 tenants for a total of over 3 million s/f leased. Much of Way’s leasing efforts have been concentrated on specialty and downtown projects which HB Nitkin owns.

Way is an active member of the ICSC (co-chair of Connecticut Fairfield division), REFA and NAIOP.

Hartford Chapter President: Tim Mitchell, CBRE

Mitchell is a vice president in the Hartford, Connecticut Office of CBRE.  He has over 25 years of professional experience in the preparation and review of commercial real estate appraisals, feasibility studies, rent analysis, market studies, partial interest analysis, property assessment valuations, easements, consulting assignments, right-of-way valuations, and diminution in value from full and partial takings.

Mitchell specializes in the valuation of high profile industrial properties, including defense contractors, food processing and refrigerated warehouses, research and development facilities, heavy manufacturing plants, distribution complexes, business parks and industrial land for institutional investors, and private investors.  Mitchell has appraised IBM’s Burlington, Vermont facility, one of the world’s largest producers of semiconductor technology, and the largest industrial building and employer in the State of Vermont.  Mr. Mitchell has also appraised such large and unique assets as Pratt & Whitney Aircraft’s 6.2 million s/f campus in East Hartford, Connecticut, the largest single manufacturing facility on the east coast of the United States.

In addition to these industrial assets, Mitchell has provided appraisal and consulting services on a wide variety of unique and singular assets such as a Conservation Easement Restriction Study on Candlewood Lake, Connecticut’s largest lake, for the purpose of a hydroelectric pumped storage generation system; performed a study for the decommissioning and re-use of the Connecticut Yankee Atomic Power Plant; performed a closure study for the Northern Capital Regional Landfill in Hartford, Connecticut; and performed a highest and best use study of the Goodspeed Airport in East Haddam, Conn.

Hartford Chapter Vice President: Paul LaMonica, Farmington Bank

LaMonica has over 35 years banking experience, primarily as a Commercial Real Estate Lender in the Tri-State and New England region. Over the last 20 years, he has provided over $1 billion in financing to some of regions top investors and developers.  LaMonica is a past senior CRE lender for numerous institutions including Farmers & Mechanics Bank, Citizens Bank, Liberty Bank and First Horizon Corporation. 

LaMonica has specific expertise in land development and construction lending with projects financed ranging from $1 million to $40 million, including medical office buildings, apartment complexes, hospitality facilities and land development. 

LaMonica is currently senior vice president at Farmington Bank and heads up the CRE Investment division.  He is past president of the Middletown Exchange Club, a board member of the Middlesex County Chamber of Commerce, a member of the Middlesex Hospice Golf Committee, a member of the Real Estate Finance Association of Hartford and serves as a Corporator for Middlesex Hospital.

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