She resides in Brooklyn with her husband, Alex, and their children, Benjamin and Carolina. Chris Valencia is an analyst at SomeraRoad focused on asset management. His projects spanned various US markets and had cumulative construction costs exceeding $1B. Originally from Connecticut, she now resides in New York, NY. The smaller deals lie under a lot of peoples radars. Prior to joining SomeraRoad, Imran was a Project Manager for the Keystone Group, a real estate development company based in Indianapolis, IN. Prior to joining SomeraRoad, Alex worked at Stabilis Capital Management, a New York-based investment firm specializing in asset oriented distressed debt and other unique special situations. He currently resides in New York City. Nationality: Australia. Before making the switch to the development side, Nick spent the first seven years of his career working for general contractors in both Nashville and Atlanta on construction projects in multiple market sectors. While there, he led the construction team in the execution of the Society at Laurens, a 148-unit, mid-rise, luxury multifamily development in historic Charleston, SC. He worked for seven years with Clark Construction, one of the nation's most experienced and respected general contractors, serving as Senior Preconstruction Manager. The month that Ross bought the Gibson facility, the Orgels were wrapping up a conversion of the historic 19th century Tennessee Brewery in the citys South Bluffs neighborhood located just Southwest of Downtown, overlooking the Mississippi River into a $42 million, mixed-use complex complete with multifamily rentals, office and retail space and a parking garage. Previously, Cassandra worked as an Investor Management Associate at Sunwealth Power Inc, an impact investing firm, in Cambridge, MA. in Industrial and Labor Relations from Cornell University, where he also minored in Real Estate and Film. from the Stephen M. Ross School of Business at the University of Michigan and lives in New York City. Nashville is a perfect second headquarters as we continue to grow our foothold and development pipeline in [the city], Ian Ross, Somera Road managing principal, said in the release. He was also a member of the varsity Football and Rowing teams. To some extent, the complexity of pulling assets out of the trust, seeing that the distress isnt always related to the specific asset but to the structure thats behind it, is the genius in the approach. Zodiac sign: Cancer. But I think thats kind of an incomplete picture, said, Kansas Citys second WeWork location sits atop Lightwells third and fourth floors the new home of the KC Tech Council and an art gallery adorns the Main Street ground-level entry where. I dont want to have to fit these deals into a box. in Construction Management from Western Kentucky University. 130 W 42nd Street, 22nd Floor Previously, Ian was a Managing Director at Triangle Capital Group, a firm he helped develop shortly after its inception. The global hedge fund manager, whos invested in a handful of Someras deals in the last year or so, said, [Ross] knows that if he goes above a $20 or $30 million equity check, hes up against a Blackstone, and things get ugly quickly a $5 or $10 million check size on his management fee [nets them] probably [$500,000] or a million bucks a year. Imran received a M.S. Matthew received a B.S.E. Raising the first $5 million on our first deal is the hardest thing Ive ever done, Ross said. He brings over 10 years of high-rise engineering and construction experience to SomeraRoad. Prior to joining SomeraRoad, Pat worked as an analyst at Advent Capital Partners, a real estate development firm in Nashville, TN. Jessica was an original member of the Jones Road team, leading the development, launch and marketing of the firm's special situations investment platform. Brock is a Vice President at SomeraRoad, focused on acquisitions and asset management, with a particular focus on large-scale, mixed-use redevelopment projects. Ian Ross founded SomeraRoad in 2016, bringing a fresh, entrepreneurial approach to opportunistic real estate in growing secondary cities across the country. Ross persistence and curiosity was bred from a young age. Prior to joining SomeraRoad, Kim worked as an Administrative Assistant at The Doe Fund, a non-profit organization that provides support for homeless and formerly incarcerated men as they rebuild their lives. Haw Contemporary at Lightwell, downtown Kansas City. He directs the delivery of site assessments and development of management strategies to mitigate perceived risks. As an undergraduate, Ross attended Goizueta Business School at Emory University in Atlanta. Martin lives in Nashville with his wife and two sons. Kansas Citys second WeWork location sits atop Lightwells third and fourth floors the new home of the KC Tech Council and an art gallery adorns the Main Street ground-level entry where Made in KC Cafe will soon open in the former home of Starbucks, which closed as a result of the pandemic. in Economics from Dartmouth College and resides in New York City. The two will soon be hiring additional employees to bolster the local presence. Samanta was an essential assist to the companys daily operations. Tottenham Vs Man United 2005, For more information on how to link your myGov account to the ATO, have a look at our website. Cassandra is an Associate at SomeraRoad, focused on investor services and operations. Andrew is a Senior Vice President of Acquisitions, Development, and Asset Management at SomeraRoad. Prior to joining SomeraRoad, Chris was a Commercial Asset Consultant at Midland Loan Services, a PNC Bank Real Estate Company. Advertisement. In this role, he is responsible for implementing project-specific business plans and working with the team to bring life to SomeraRoad's vision. Martin Stroble is Vice President and Head of Construction for SomeraRoad, helping oversee all aspects of SomeraRoads ground-up construction projects. Read the latest edition of the Commercial Observer online! Rents for Austin-area office space hit new highs in the third quarter, the latest figures show, as demand continued to outpace supply in the local market Rents for top-tier (Class A) office space i Matthew is a Senior Analyst at SomeraRoad, focusing on acquisitions and asset management. We might have a $1.8 million deal or a $108 million deal.. ], 1475 Walnut St.Kansas City, MO 64106 She lives in Nashville, TN with her husband. Chris also serves as the Business Manager for Core Construction Services, SomeraRoads dedicated construction management firm. Read More . Conor began his career sourcing and placing permanent agency loans through Fannie Mae and Freddie Mac. I came on and helped build that team, really, from day one, Ross said. newyork@someraroadinc.com, 718 Division Street In a yield-starved world, he has no qualms with walking away from an attractive investment if he doesnt feel it meets the parameters of his game plan; hes done it several times before, to the surprise of some of his investors. Born and raised in the Sunshine State, Andrew currently lives in Nashville, TN with his wife and daughter. Formal wear is distinct from everyday dress, needs to fit eh occasion and allows for a great deal of personal expression and creativity within the boundaries of what is appropriate. You can figure this [method] out if youve got a little bit of savvy and an understanding of individual markets. Brian is a Partner at SomeraRoad, overseeing all net-lease / income-producing investments and special situations across the platform. Ian Ross, Founder and Managing Principal of Somera Road shares how the company is using technology to work smarter and operate a lean and productive team. 642 fadul, josen ross sandoval. At Gruss, Jessica was responsible for managing the firm's largest client relationships and raising assets across their event driven strategies. Matthew currently resides in New York City. Click here to read more about the Lightwell projects road to completion. [Screw] funds, Somera Road principal and founder Ian Ross told Commercial Observer earlier this year when asked whether hed ever want to start one. Somera Road Inc. and its investment partner, . another sign of Lightwells place as the citys first, fully-realized innovation district, added Ian Ross, founder and managing principal of SomeraRoad. With a strong technical background he has focused on solutions for conventional and emerging . The FedEx Logistics lease at the building will begin in April next year, the company has said. to read more about the Lightwell projects road to completion. Rosss father is an obstetrician, expert witness and a distinguished professor at UCLA medical school, and his mother is a counterterrorism consultant. FedEx will expand the building from 154,000 square feet to just under 200,000 square feet. Cassandra received a B.S. Previously, Ian was a Managing Director at Triangle Capital Group, a firm he helped develop shortly after its inception. Ian Joseph Somerhalder ( / smrhldr /; born December 8, 1978) is an American actor. He lives in Kansas City with his wife, daughter, and son. The company plans to soon announce future projects for Wedgewood-Houston, Germantown and East Nashville. He brings a wide breadth of experience to the table, having led the execution of complex projects across a variety of market sectors such as office, multifamily, hospitality, historic adaptive reuse, healthcare, retail, and educational facilities. It is a popular name in Scotland, where it originated, as well as other English-speaking countries. Ian Ross founded SomeraRoad in 2016, bringing a fresh, entrepreneurial approach to opportunistic real estate in growing secondary cities across the country. Ian Ross and Basel Bataineh, Somera Road A steady stream of foot traffic flows beneath the Lightwell building's signature feature a winding overhead natural light design that spans nearly a city block as employees returning to the workplace help the iconic downtown Kansas City landmark assume its new identity: 21st century innovation hub. Poly-and perfluoroalkyl substances (PFAS) are a . He has since led the firms rapid expansion, overseeing nearly $2.5 billion in acquisitions of 25+ million square feet in more than 70 unique markets. Previously, Ian was a Managing Director at Triangle Capital Group, a firm he helped develop shortly after its inception. While her practice was diverse, she has significant experience representing real estate developers in all phases of the development process, from assemblage and approvals to the implementation of complex debt, equity and ground lease financing to fund vertical construction. The firm has found a sweet spot in being sub-institutional, but Ross and Somera have to make up for that in volume, which theyve proved is no issue, according to sources who spoke to CO. Alexs responsibilities included financial analysis, underwriting, market research, and creating offering materials. SomeraRoad Inc. could not be more proud to share the exciting news that three of our tenant partners have been nominated as semifinalists by The James Beard He oversees ground-up development, value-add, and master planning projects across the Kansas City market. Prior to SomeraRoad, he worked as a Senior Vice President for AR Global Investments. In an interview with The Real Deal Wednesday, Somera Road founder Ian Ross said that "there is certainly concern that this capital squeeze issue could be systemic." A spokesperson for TPG RE. Shannon is an Executive Assistant/Office Manager at SomeraRoad. cleveland@someraroadinc.com, 2021 SomeraRoad. First, she ran the accounting and operations for a general contractor that built and renovated restaurant and retail chains. Ian is an Senior Associate at SomeraRoad, focused on acquisitions and asset management. Ian Ross, Somera, Follow these steps to link Centrelink with your Digital Identity: If you need more help, go to linking Centrelink using your Digital Identity on the Services Australia website. news@startlandnews.com, Reimagined Lightwell ready to take innovation hub mantle as KCs tech talent return to the office, A lot of people will talk about productivity in a remote work environment being acceptable and, in some cases, being on par with productivity in the office environment. John brings a wealth of development, underwriting, financing and construction experience to SomeraRoad. . He is a licensed architect who began his career working on a variety of mixed-use, neighborhood scale design efforts for office properties in Oklahoma City, Seattle, and Chicago. But, you get the first deal done, and you build from there. His parents moved to Los Angeles from Boston when he was a kid, and hes the middle brother of his two siblings. (SOMERA ROAD / CONTRIBUTED PHOTO) "It's hands. Polyethylene Film / PE Sheet Nashville, TN 37203 Ian Ross, founder and managing principal of Somera Road Inc. Somera, a New York commercial real estate investment firm, now owns PPL Plaza. Chris lives in Pittsburgh with his wife and three kids. Chris brings a wealth of experience working with established corporations and brands such as The New York Times, Netflix, HBO, The Brooklyn Museum, Soho House, and Time Out. However, two key senior team members of the company Jonathon Reeser, vice president of acquisitions and Joe LeMense, vice president of construction will relocate to Nashville to co-head the office. in Business Administration from Babson College, with concentrations in Accounting and Economics. Amit is a Director of Debt Strategies at SomeraRoad, leading the firms capital markets activities and distressed debt investments. He also assists with the asset management function across our existing multifamily portfolio. It takes less than ten minutes to set up your company page. His deal standards are so high, the global hedge fund manager said, highlighting that Ross aims for a 25 to 30 internal rate of return (IRR). Conor received a B.B.A. Hes a 33-year-old commercial real estate junkie from Los Angeles, who said hes only as good as the sum of the parts of his company he works within a climate of radical transparency.. He always beats his base case and is conservative by design.. Ross, a former financier, doesnt take himself too seriously, which is somewhat of an antithesis to the way he runs his business. in Construction Engineering & Management from Purdue University as well as a M.P.S. In addition, Somera Road, which bought the mortgage note in November, took on the obligations in the mortgage foreclosure judgment, which amounts to about $56 million, Ian Ross, Somera's founder and managing principal, told The Morning Call last week. in Economics and dual concentrations in Finance and Real Estate. His son Benjamin works for Memphis-based Slovis and Associates, a full-service commercial real estate firm; hes also on the board of the Downtown Memphis Commission. Amit spent the first ten years of his career at Morgan Stanley, where he held a variety of roles focused on commercial real estate debt strategies. He was involved in the significant growth of the firm throughout his tenure, expanding their portfolio of assets and hiring, training, and managing a large team. Throughout his career at AR Global, Brian sourced and closed over $3.5 billion in total real estate transactions. For lack of a better term, theyre shit kickers; they get shit done, the global hedge fund manager added. PITTSBURGH, March 9, 2020 /PRNewswire/ -- Somera Road, Inc., a New York-based commercial real estate investment and development firm that invests . He is a member of NAIOP and board member of the Gulch Business Improvement District (Nashville). 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