NEW YORK CITY—Carlton Group ChairmanHoward L. Michaels reports the firm has appointedveteran real estate investment and asset management specialistsNavish Chawla and Kevin Swill tolead the firm's accredited investor crowdfunding and equitysyndication businesses.

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The firm recently launched its Carlton Accredited EquityCrowdfunding website to further the acquisitioncapabilities of Carlton and Carlton StrategicVentures (CSV), the principal transaction arm of Carlton,which owns and operates more than 3 million square feet ofresidential and commercial assets.

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Chawla, who will serve as CSV's chief investment officer, spentthe last six years working at private equity firm MadisonInternational and previously with BlackRock. Chawla has played anintegral role in the underwriting, management and acquisition ofmore than $2 billion of real estate transactions globally, companyofficials say.

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Swill, who will run Carlton's crowdfunding site with Chawla, isalso Carlton's COO and is responsible for institutional equitydistribution, and managing relationships with broker/dealers,family offices and ultra-high net worth individuals. He has beeninvolved in the financing, acquisition, asset management, anddisposition of more than 13,000 apartments while serving as thepresident of Kushner Properties, Westminster Capital andWestminster Hospitality, all affiliates of Kushner Companies. Whilethere, he had asset management responsibility for over four millionsquare feet of commercial assets, and was significantly involved inthe financing of 666 Fifth Avenue, a $2-billion Kushneracquisition.

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Michaels also announced that that CSV has hired assetmanagement, valuation and disposition specialist BillOhlsen, who spent the last 15 years at LNR and OcwenFinancial Corp, where he valued, underwrote and disposed of over 30million square feet of assets.

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“The recent hiring initiatives are intended to grow Carlton'sprincipal transaction business and to increase our ability toparticipate with our clients in the joint ownership of realestate,” Michaels says. “Carlton will continue to provide pureadvisory services for large, complicated transactions, but theclear shift of the company is to merchant banking and investmentmanagement transactions that in large part will give Carlton abetter alignment of interest with their clients.”

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.