ATLANTA—In a move to strengthen its East Coast coverage, Moran & Company has hired a new regional partner: Sean Henry. Henry previously served as a principal with Apartment Realty Advisors (ARA).

While at ARA, Moran closed more than $6 billion in multifamily transactions with many of the top public and private pension plans, REITS, private capital and co-mingled discretionary funds. Prior to ARA, he worked as an acquisitions officer for both GID and Lend Lease Real Estate Investments. During his 10-year tenure as an acquisitions officer for pension fund advisory firms, he was responsible for the closing of $1.5 billion in transactions.  

With the addition of Henry and his team, Moran now has seven regional offices across the country in Atlanta, Chicago, Dallas, Denver, Irvine, Seattle, Washington, DC, and two satellite offices in Phoenix and Houston. Over the past 18 months, the firm closed 81 transactions.

Fifteen of those deals were in excess of $100 million. Total transaction volume during the same period totals $5.23 billion, with $2 billion in land sales, development capitalizations, and recapitalizations.

Meanwhile, Moran is currently marketing six strategic multifamily assets, including La Mirage, a 1,410-unit value-add opportunity in the Mission Valley area of San Diego; Park Place, two multifamily development sites in Irvine entitled for the development of 789 units; Uptown Newport, a two-phased multifamily development opportunity entitled for the development of 1,244 units; 4755 Fauntleroy, a joint venture investment opportunity with Lennar for the development of 404 units above a Whole Foods Market in West Seattle; Arista Uptown, a core, 272-unit class A-plus investment opportunity along the Denver/Boulder Corridor; and 1717, a brand new 175-unit property in Evanston, Illinois near transit and Northwestern University.