X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ALISO VIEJO, CA-Tenant-in-common sponsor Nelson Bros. Professional Real Estate has named Karen Morales as the company’s first executive to head the processing and closing of real estate transactions for the firm’s investors. Morales, who joins the firm as vice president of real estate and TIC programs, was previously vice president of real estate closings for another TIC sponsor, San Clemente, CA-based Argus Realty Investors.

Nelson Bros., launched in 2007, was founded by brothers Patrick and Brian Nelson to acquire, finance and own office, retail and multifamily properties for TIC investments throughout the West and Southwestern US. The company expects to syndicate eight to 12 properties for 2008.

According to Patrick Nelson, the firm chose Morales for her knowledge and experience of the TIC industry and the closing process. At Argus Realty she helped the company close 24 properties, raising more than $800 million in commercial real estate. Before Argus, Morales worked in the escrow industry at Chicago Title Co. Before her real estate career she implemented a variety of sales and management training programs for Fiscal Federal Credit Union in Glendale, CA and Vista Federal Credit Union, a division of the Walt Disney Co. in Burbank, CA.

Patrick Nelson, who is a principal and the executive director at Nelson Bros., is a partner and the managing director for White Pacific Securities 1031exchange program, the managing broker dealer for Nelson Bros. Brian Nelson serves as the deputy director of Nelson Bros. and concurrently runsthe 1031 exchange desk for White Pacific Securities. The Nelson Bros. management team also includes Mark Hellewell, its director of operations, who is responsible for managing daily operations and company policies.

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?

GlobeSt

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.