National Real Estate Advisors

Led by a management team working collaboratively since 20004, National Real Estate Advisors has honed a specialized build-to-core strategy and established a unique open-end real estate fund to invest in modern assets, located in major U.S. urban markets. The company takes a patient, long-term investment view, developing and re-developing properties at appropriate points in the real estate cycle, always seeking to create modern, technologically advanced assets for its portfolios, to outperform older properties competing for tenants. Operating throughout the entire capital stack, National invests equity and lends debt—providing its development partners a range of flexible financing solutions—preferred equity, mezzanine debt, senior debt, construction loans, and credit enhancements. Relationships with many leading developers give National opportunities to participate in some of the country’s most recognized projects, while the company can also utilize in-house expertise to develop projects on its own or with others. While seeking to ensure quality construction in often complex projects, National has delivered solid long-term returns for its pension fund clients.

Real Estate Specialization
Multifamily
Office
Industrial
Retail
Land/Development
Hotels
Health Care
Construction Projects
Mixed-use
Senior Housing
Data Centers
Investment Type
JV partnership
Acquisition/Fee Simple
Debt
Investment Style
Core
Value-add
Development
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President and CEO

Jeffrey Kanne

Mr. Kanne leads National’s efforts, including serving on the board of directors and serving as the Chairman of the Investment Committee. Mr. Kanne led the growth and success of the National Electrical Benefit Fund’s in-house real estate investment operation and directed the formation of National. He has broad and diverse experience in the real estate investment and development process, with particular insight into legal, finance and construction aspects. Following service in the Peace Corps and work as a lumber trader, Mr. Kanne spent several years at the Washington, D.C. law firm of Arnold & Porter. While there, he was involved in multi-billion dollar international debt restructurings, as well as complex real estate transactions, with a focus on the development projects of non-profit groups and universities. After forming the law firm of Counts & Kanne, Chartered, Mr. Kanne was intimately involved in structuring numerous complex investments in real estate development projects nationwide for institutional clients. Mr. Kanne serves on several Boards of Directors and is a member of the Urban Land Institute (ULI) and the Pension Real Estate Association. He is licensed to practice law in the District of Columbia and Maryland, and is a member of the Order of the Coif of the University of Iowa law school. Mr. Kanne received his Bachelor of Arts in History and a Juris Doctor with high honors from the University of Iowa.

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Managing Director, Investments

Kevin Verdi

Mr. Verdi is a leading member of National’s Executive Committee, working closely with the CEO to oversee all aspects of National’s operations. He is responsible for developing and implementing the firm’s investment strategy, including management of all operations related to identifying and pursuing highly complex, institutional quality commercial real estate investments. He leads National’s high performing group of investment management professionals and is responsible for evaluating, structuring and executing investment opportunities. Mr. Verdi oversees the implementation of policies and practices governing all investment procedures, including portfolio reviews, investment strategies. He is also an active participant in evaluating National’s asset management strategies, working closely with the Portfolio and Asset Management staff. Mr. Verdi is in his 15th year with the firm and previously served as Managing Director of Equity Investments, under the firm’s predecessor, NEBF Real Estate. He was formerly an Associate Director at GE Capital Real Estate and, prior to concentrating on commercial real estate, gained Investment Banking experience with Friedman, Billings and Ramsey and Prudential Securities. Mr. Verdi graduated from the University of Maryland with a Bachelor of Arts in Urban Planning and holds a Master of Business Administration from George Mason University. He is a full member of the Urban Land Institute and has served on the U.S. council (previously on Urban Development Mixed Use and currently on Health Care and Life Sciences) since 2008. He is also a member of the International Council of Shopping Centers and a periodic participant in NARIEM roundtable meetings.

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Managing Director, Portfolio and Asset Management

Joanne Ayivorth

Ms. Ayivorh, a member of National's Executive Committee, works closely with the CEO in defining and managing client portfolios, investments and company’s operations. Ms. Ayivorh is directly responsible for developing and implementing National’s portfolio and asset management strategies as well as leading National's team of asset management professionals. Ms. Ayivorh and her team manage both real estate equity and debt investments, and she takes primary responsibility for managing National's investments from construction, lease-up and stabilization to long-term asset management and disposition. Ms. Ayivorh has worked with National’s senior management team for over 15 years and has represented the interests of institutional investors and pension funds for over 30 years. From her previous work at The Travelers and an English pension fund, Ms. Ayivorh brings direct experience in leasing, development and property management to the Company. This practical skill set, combined with her real estate finance background, is a tremendous asset to the organization. Ms. Ayivorh attended James A. Graaskamp’s real estate program at the University of Wisconsin, earning her Bachelor of Business Administration degree concentrating in Real Estate and Urban Land Economics. She also holds a Masters of Business Administration from Averett University and is a member of the Urban Land Institute.

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Director, Investments

Kathryn Barnes

Ms. Barnes is responsible for the origination of commercial real estate investments for National Real Estate Advisors. Ms. Barnes has over 25 years of commercial real estate experience. She is experienced with all asset classes and has a particular expertise with senior housing. Prior to joining the National, she worked as a commercial real estate lender with a concentration in the Mid-Atlantic region. She specialized in the financing of complex redevelopment opportunities and was responsible for a team of business development lenders. Additionally, Ms. Barnes was a key team member responsible for the success of a de novo community bank in the Washington, DC metropolitan area. Ms. Barnes obtained her Bachelor of Arts degree in Economics from Washington & Jefferson College in Washington, Pennsylvania. She is a member of the Urban Land Institute Senior Housing Council and is involved with the American Senior Housing Association (ASHA) and National Investment Center (NIC).

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Director, Investments

James Freko

Mr. Freko is responsible for the origination of commerical real estate investment opportunities for National Real Estate Advisors. Mr. Freko brings an extensive background in development and structured finance as a result of his experience on both the development and capital side of the real estate business. Previously, Mr. Freko was responsible for financing and capitalizing development and value-add projects on behalf of Draper and Kramer, a Chicago-based development company. Prior to Draper and Kramer, Mr. Freko worked for GE Capital’s Commercial Real Estate team as a regional manager responsible for sourcing and structuring joint venture investment opportunities across all property types. Mr. Freko holds a Bachelor of Science degree in Finance from the University of Illinois and a Masters of Business Administration degree from the Kellogg School of Management, Northwestern University.

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Director, Investments

John Hanley

Mr. Hanley is responsible for the origination of commercial real estate investments for National Real Estate Advisors. He has over 26 years of experience in the origination, underwriting and securitization of commercial real estate investments. Before joining National Real Estate Advisors, Mr. Hanley served as Executive Vice President - Investments and Portfolio Management for the $3.6 billion AFL-CIO Housing Investment Trust. In this position, he was responsible for the origination of investments for multifamily housing developments. Mr. Hanley previously served as a commercial real estate underwriter for an insurance company separate account. Mr. Hanley holds a BA degree in Finance from Villanova University and an MBA degree with a concentration in Real Estate and Urban Development from American University.

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Director, Investments

Mark McAllister

Mr. McAllister is responsible for the origination of commercial real estate investments for National Real Estate Advisors. He brings 30 years of real estate lending expertise to National, including his experience as the head of the credit department of a regional bank and, prior to that, as a construction lender. As a senior regional manager at Union Labor Life Insurance Company (“ULLICO”), Mr. McAllister was directly responsible for underwriting, negotiating, structuring, recommending, closing and administering approximately $2 billion in new loans. At ULLICO, he was a key participant in 1993 in one of the first multiple property securitizations in the U.S. Mr. McAllister has a B.A. degree in Economics from Colgate University and an M.B.A. degree from the Fuqua School of Business, Duke University. He is a member of the Mortgage Bankers Association and the ICSC.

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Director

Maryellen Dolan

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Director

Todd Kindberg

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Director

Robert Vallese

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CPA

Diane Dickson

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CPA

Laurie Mullett

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Director Investments

Mark Mcallister

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Controller

Sherri Lewis

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CPA

Sandy Powell

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2019-06-19 17:00:00

M & J Wilkow, Ltd.

Key Focus Areas
Acquisitions Development Private Equity Real Estate Real Estate Investing Institutional Investors
Geographical Area
Mapped Location