Gunn Returns to Direct Urban Partners
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LOS ANGELES-GlobeSt.com has learned exclusively that real estate veteran John Gunn has rejoined Urban Partners LLC as managing director. Resuming his former leadership role, Gunn will be responsible for planning and developing complex projects including mixed-use, public/private and transit-oriented developments in urban locations throughout California.
In addition, Del Morais has been promoted to VP of finance and will direct the finance, accounting and tax departments at both Urban Partners and Harbor Urban LLC. Gunn’s return, Morais’s promotion and the arrival of recently appointed managing director, capital markets, David Walker—on which GlobeSt.com previously reported—fill out a management roster of key players in Urban Partners’ plans for growth.
Gunn, a specialist in real estate acquisition, strategic planning, project feasibility, complex project finance, design, construction, project marketing/delivery and disposition, was a managing director with Urban partners from 2005-2009. He has also served as owner of Gunn Property Group and EVP of the Hapsmith Co., a retail development company here.
“We are very pleased to welcome John back to our executive team,” said Paul Keller, founding principal of Urban Partners, in a prepared statement. “He has proven his outstanding expertise in development and finance as a former managing director of Urban Partners and has achieved an outstanding track of accomplishments in diverse leadership roles in the commercial real estate industry.”
Added Matthew Burton, Urban Partners’ CFO and managing principal, “Del’s enhanced role as VP of finance and his successful track record in finance and accounting is a tremendous advantage to our company at a key time of growth.”
Gunn tells GlobeSt.com, “The time is right for my return to Urban Partners. With my previous knowledge of the company and familiarity with the executive team, I can hit the ground running. I look forward to making significant contributions to advancing this dynamic company’s growth.”
Among the company’s most recent achievements are the newly acquired Vivere Apartments in Anaheim, CA’s “Platinum Triangle”; the $204-million sale of University Gateway, a 1,656-bed complex adjoining the University of Southern California’s L.A. campus, which fetched the highest price for a single student-housing property in the past 10 years; and the $165.7-million sale of the Aspira apartment tower in Seattle, the highest price ever paid for an apartment property in King County.
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