Thank you for sharing!

Your article was successfully shared with the contacts you provided.

MINNEAPOLIS-Forest City Enterprises Inc. has tapped a 20-year veteran to lead a development drive in the region. The former senior vice president for LaSalle Bank also has oversight for project development on the East Coast.

David Patchin has been named development director for the commercial group of the two regions, a newly created position. The senior executive spent 15 of his 20 years in financing commercial real estate with Chicago-based LaSalle Bank, which has a policy in place not to comment on current or former employees.

As Forest City’s new man on the ground in Minneapolis, Patchin will be scouting for sites and overseeing construction and leasing groups in a start-to-finish approach for each project. Patchin tells GlobeSt.com that there are “two or three sites that I am working on right now to develop some retail mixed-use projects” in the Minneapolis area. But, that’s all that can be said until the plans get further along. The Cleveland-based Forest City, which has completed more than $9 billion of development nationwide, is looking at its first development in the Twin Cities region.

Patchin and the Forest City team, though, have had a long-time business relationship. He says the development giant was one of his clients when he was at LaSalle Bank.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.