Recently Announced Transactions | 2025 Week 52

12.25.25 | This week we recognized 7 leadership changes within the industry.

 


 

Summary of Transaction Headlines

PERE |Ontario Teachers Names New Global Real Estate Head as Pierre Cherki Departs

Jenny Hammarlund, who has led OTPP’s European and UK real estate investments since moving over from Cadillac Fairview last year, will assume the top job in January. The Ontario Teachers’ Pension Plan has promoted Jenny Hammarlund to Executive Managing Director of Real Estate, a global role overseeing strategy, portfolio management, and asset management in the asset class, effective January 5.

Business Wire |Acadia Realty Trust Names David Buell as its Next Chief Accounting Officer

Acadia Realty Trust (NYSE: AKR) announced that David Buell will join the company in January 2026 as its new Chief Accounting Officer, succeeding Richard Hartmann. Mr. Buell has more than 15 years of experience from another publicly traded real estate investment trust, where he held several leadership positions, including Chief Accounting Officer.

Property Week |Riddell to Replace Saunders as CEO of Quintain

Built-to-rent (BTR) developer and manager Quintain has confirmed that James Saunders will be stepping down as Chief Executive before the end of the year, to be replaced by current Executive Chairman James Riddell. “It has been an honor working with the exceptional team at Quintain over the past 18 years, and I am incredibly proud of what we have achieved at Wembley Park,” Saunders said, referring to the North West London BTR scheme where the company has invested over £2 Billion ($2.7 Billion USD) since 2004.

IREI |JLL Names Ernesto Rodriguez as CEO of Mexico

Ernesto Rodriguez has joined JLL as CEO for Mexico. Rodriguez will be based in JLL’s Mexico City office and report to Americas Leasing Advisory CEO John Gates. He will focus on leading the company’s team to drive strategic growth and market leadership throughout Mexico. Rodriguez brings more than 25 years of exceptional experience in the Mexican real estate market with deep expertise across industrial, office, retail, and investment sales.

IREI |Monument Capital Management Names New CIO

Monument Capital Management, an A-Rod Corp company and one of the country’s premiers, fully integrated real estate investment firms, announced the appointment of Joseph Ianoale to the role of CIO. As CIO, Ianoale will lead Monument’s investment strategy and oversee the firm’s continued expansion across its diversified multifamily portfolio nationwide. Ianoale has nearly two decades of experience in real estate, private equity, and investment banking, spanning a wide range of asset classes and multidisciplinary investment strategies.

PERE |Rockpoint Names New Co-CEOs

The top leadership change marks a major turning point for the Boston-based firm, which was founded more than 20 years ago. Rockpoint has changed its top leadership as the Boston-based private equity real estate firm’s remaining Co-Founders move on. Tom Galbane and Aric Shalev, Managing Members and Co-Presidents, have been elevated to Co-CEOs, effective Immediately, under a planned succession.

IREI |Aaron DiCenzo Appointed CIO of Ohio TRS

Aaron DiCenzo has been appointed CIO of the Teachers’ Retirement System (TRS) of Ohio, after serving as interim CIO since February 2025. The search for a CIO lasted nearly 10 months and was conducted by recruitment consultant Heidrick & Struggles. DiCenzo previously served as Head of Alternative Investments at Ohio TRS and transitioned to Interim CIO after Matt Worley departed the fund in March. DiCenzo has more than two decades of experience in private markets.

Newmark RF is the world’s foremost professional services firm focused solely on the real estate industry. Through our delivery of Management Consulting and Managed Services, we help companies that develop, own, operate, service or invest in real estate make better, more profitable decisions. We are proud partners to over 600 real estate companies around the globe, providing accelerated solutions that solve some of real estate’s most complex challenges.
We Make Real Estate Run Better.