In 1991 real estate experts Howard Hallengren (Chairman) and Jack Miller (President) left Chase Manhattan Bank to found Falcon Real Estate, and they immediately began assembling a team of real estate professionals with broad and diverse experience. From the beginning of the company, Falcon has focused on providing a complete and comprehensive service to overseas investors in the U.S. real estate market. Many of the services provided to our clients are designed to be similar to those provided by international private banks, with an emphasis on a high level of individual attention.
The real estate professionals on Falcon’s staff are selected because they understand the need to provide expert real estate advice to sophisticated institutional and high-net-worth individual investors globally. This fundamental approach has successfully attracted investors from around the world, enabling Falcon to carry out transactions on behalf of our clients totaling close to $7 billion since the formation of the company.
Partners
Howard E. Hallengren
Chairman
Howard Hallengren has extensive management experience in the real estate investment field. Prior to forming Falcon, Mr. Hallengren was Chief Investment Officer and Product Manager for the International Private Banking Department of the Chase Manhattan Bank. In that capacity, he had overall responsibility for the bank’s real estate investments on behalf of non-U.S. investors, including the Chase Manhattan Real Estate Fund Before joining Chase, Mr. Hallengren was Chief Investment Officer at The First National Bank of Chicago. During his tenure there, he also served as Chairman of the Real Estate Investment Committee, which supervised Real Estate Fund F, one of the first commingled funds for US employee benefit trusts. Mr. Hallengren is a graduate of Princeton University and received his master’s degree in business administration from the University of Chicago.
Jack D. Miller
President
Jack Miller joined Falcon after serving as Manager of the Real Estate Investment Division within Private Banking International at the Chase Manhattan Bank. In that role, he had direct responsibility for property acquisition, property management and mortgage financing. Like Mr. Hallengren, Mr. Miller also came to Chase from The First National Bank of Chicago, where he served for ten years in the bank’s real estate investment division. He is a founding member of the Accounting Standards Committee of the National Council of Real Estate Investment Fiduciaries, which is the coordinating group that sets accounting standards for U.S. institutional investors. Mr. Miller received a Bachelor of Science degree in accounting and a master of finance in real estate from De Paul University, as well as a master’s degree in business administration from the University of Chicago.
Scott A. Sweeney
Executive Vice President
Scott Sweeney is responsible for the asset management activities of the company. Located in Falcon’s San Diego, California office, Mr. Sweeney is responsible for directing the management and leasing efforts of the properties for which Falcon has responsibility. He was formerly with Fenton-Western Properties, San Diego, as a real estate asset manager from 1990 to 1993, and was a vice president with a subsidiary of Cornerstone Bank in Orange County, California, as an asset manager, from 1985 to 1990. Mr. Sweeney has a Certified Property Manager designation from the Institute of Real Estate Management and is a licensed real estate broker in the state of California. He received a bachelor of business administration degree from the University of San Diego.
David A. Hill
Executive Vice President
Located in Falcon’s Dallas, Texas office, David Hill has managerial responsibility for the accounting and tax structuring activities for all of the properties and holding companies managed by Falcon. He is also responsible for property acquisition in the southwestern states and in Washington D.C. Mr. Hill has been working in the Texas real estate market since 1979. He is a Certified Public Accountant, formerly employed at Arthur Andersen & Company, and he is a licensed real estate broker. From 1984 to 1990, he was the chief financial officer of Arthur-Sterritt Partners, a diversified real estate development company, and was President of their property management division. Mr. Hill has both a bachelor and a master of business administration degree from the College of William and Mary in Virginia.
Robert M. Moreira, Jr.
Senior Vice President
Mr. Moreira is located in Falcon’s Miami, Florida office and has overall responsibility for property acquisition in the eastern United States. In addition, he has supervisory responsibility for Falcon's special investment group. Mr. Moreira began his real estate career in 1984 with Barnett Banks in Miami as a real estate loan officer, and subsequently worked for the International Private Banking Department of the Chase Manhattan Bank as the acquisition officer for the Southeast region of the country. Mr. Moreira received both a BS and an MBA degree from the University of Miami. He is a member of the Urban Land Institute and the Institute of Chartered Financial Analysts.
Marketing Staff
Amaury de Parcevaux
First Vice President, and Marketing Director
Amaury de Parcevaux is located in New York and is First Vice President and Marketing Director of Falcon, focusing primarily on Europe, as well as being responsible for business development in Latin American and the Far East. Mr. de Parcevaux has had over 18 years experience in marketing to high-net-worth individuals, and comes to Falcon from Morgan Stanley, where he was a First Vice President in the Wealth Management department. Prior to that, he worked in the Private Banking department of Merrill Lynch, at Citibank and Deutsche Bank in New York, and at Dresdner Bank and BHF-Bank in Frankfurt. Mr. de Parcevaux graduated in 1988 from the European Business School (Oestrich-Winkel, Paris and London) with a Master’s Degree in Finance.
Laurence E. Dooley
Director
Laurence Dooley is located in the company’s Chicago, Illinois office. He is Falcon’s Middle East Marketing Representative, with responsibility for business development and client relations in Kuwait, Saudi Arabia and other countries in the Middle East region. He also has property acquisition responsibility in the Central United States. Mr. Dooley has extensive experience in commercial real estate, having entered the field in 1970 in Chicago. As with others at Falcon, Mr. Dooley has had several years of experience at First Chicago, as well as with Chase Bank’s International Private Banking Department. While at Chase, he headed the real estate investment offices in both Houston and Miami. His international background includes assignments related to U.S. real estate while stationed in Hong Kong and later in Mexico. He is a graduate of Xavier University in Ohio.
Acquisition Staff
Acquisitions are handled by David Hill, Executive Vice President, Robert Moreira, Senior Vice President, and Larry Dooley, Director, in addition to those listed below:
Kenneth C. Lorman
First Vice President
Kenneth Lorman is a First Vice President and Acquisitions Officer for Falcon Real Estate located in the company’s New York office. He is specifically responsible for property acquisitions in the Northeastern section of the United States, with a focus on New York City and Boston and their immediate suburban areas. He is also active in supporting Falcon’s new business activities. He is responsible for property acquisitions in the Northeastern section of the United States, with a focus on New York City and Boston and their immediate suburban areas. He joined Falcon in 1998, prior to which he was a ratings analyst with Standard & Poor’s in New York City. In 1997 he earned a masters degree in real estate investment from New York University. Mr. Lorman graduated from Lehigh University in 1988 with a Bachelor of Science degree in accounting, and he is a Certified Public Accountant.
Adam E. Doud
Acquisitions Representative
Adam Doud joined Falcon’s San Diego office as the company’s West Coast Acquisitions Representative in 2002. He is responsible for reviewing potential investments and coordinating property purchases in such major real estate markets as Los Angeles, San Francisco, Seattle, Phoenix and Orange County. Prior to joining Falcon, Mr. Doud worked with CB Richard Ellis and Colliers International, both major real estate brokerage firms in Southern California. He received his bachelor’s degree from the University of California, San Diego and received a master’s degree in real estate finance from San Diego State University in 2003.
Daniel C. Epstein
Acquisitions Associate
Located in Falcon’s New York office, Daniel Epstein is an Acquisitions Associate working on real estate investments in the United States and Latin America for the Falcon Family of Funds. He is also working with Falcon’s acquisitions staff on direct investments for various clients. In addition, he is providing technical assistance to the Director of Marketing. Prior to joining Falcon, Dan was a Senior Financial Analyst in the acquisitions section of Caribbean Property Group, a New York-based real estate private equity firm, where he worked on commercial and hospitality real estate transactions in Central America and the Caribbean. While attending business school, Dan worked in Mexico City for Mexico Retail Properties and in New York for ING Clarion Partners. Prior to business school, Dan worked as a credit analyst for J.P. Morgan Chase, ANZ Banking Group, and Invesco. Dan received an A.B. in International Relations from Brown University and an M.B.A. in Real Estate Finance from Columbia Business School. He is fluent in Spanish and proficient in Portuguese.
Asset Management Staff
The Asset Management Staff is headed by Scott Sweeney, Executive Vice President
Carl Omark
Vice President
Carl Omark is a Vice President and Asset Manager in Falcon's New York office. Carl is responsible for managing a portfolio of properties on the East Coast and in the Midwest. Prior to joining Falcon in 2003, Carl spent 17 years with Devon Properties, a New York based real estate investment management company, handling assets on behalf of European investors. Carl also worked for the Rouse Company in New York as Controller for the South Street Seaport. Carl received a bachelor's degree in accounting from Rutgers University and an MBA from Montclair State University with a dual concentration in finance and management. Carl has continued his real estate education at the MIT Center for Real Estate in Cambridge, Massachusetts.
Laurence A. Welsh
Vice President
Laurence Welsh, located in Falcon’s Washington, DC office, is responsible for handling a wide variety of asset management assignments. Before joining Falcon, Mr. Welsh managed a 1.2 million square foot portfolio of commercial office space in Northern Virginia for TrizecHahn Office Properties. Prior to that, he was responsible for financial, operational and physical review and analysis for Cassidy & Pinkard, a boutique brokerage firm in the Washington, DC area. His initial real estate experience came from several years spent working with Heitman Financial, a Chicago based real estate investment company. Mr. Welsh, who is a licensed real estate broker in the District of Columbia, Virginia and Maryland, received a bachelor of arts degree in communication with a minor in business administration from George Mason University in Fairfax, Virginia. Mr. Welsh received his Masters Degree in Real Estate from Johns Hopkins University in 2003.
Paul D. Zurlo
Vice President
Paul Zurlo is a Vice President and Asset Manager in the Chicago office of Falcon Real Estate. Paul received an MBA in finance from the Graduate School of Finance at DePaul University in Chicago and he is a Certified Public Accountant. Prior to joining Falcon, Paul was an asset manager for a global real estate fund being managed by the HDG Mansur Group of Indianapolis. He has also worked as an asset manager with Trammel Crow Entities and JPI Partners, and was an accounting manager for Orix Real Estate Equities. At Falcon, Paul will have responsibility for a portfolio of properties in the Midwestern and Southeastern states.
Timothy P. Puhek
Vice President
Timothy Puhek is a Vice President and Asset Manager for Falcon Real Estate located in Falcon’s San Diego, California office. He is responsible for asset management of a diverse commercial portfolio which includes single and multi-tenant office, multi-tenant retail, and industrial properties. Mr. Puhek oversees assets in the western region, primarily covering properties located in the states of California, Oregon, Arizona, and Washington. Prior to joining Falcon in 2000, Mr. Puhek was a senior property manager with Morris Piha Real Estate Services in Seattle, Washington for 6 years. He is a graduate of the University of Washington with a Bachelor of Society and Justice degree. Mr. Puhek is also a licensed real estate agent and a Notary Public.
Scott Bennett
Vice President
Scott Bennett is working in the New York branch office located in Red Bank, New Jersey, as a Vice President and Portfolio Manager. His primary responsibilities involve asset management of a diversified portfolio of commercial real estate including single and multi-tenant office and industrial properties. During his tenure with Falcon, Mr. Bennett has also asset managed several multi-family rental properties and new construction condominium developments. Prior to joining Falcon, Mr. Bennett was employed by the government of Ocean County, New Jersey, in its Department of Planning and Land Development, where he served as Director of Economic Development and General Manager of Ocean County Executive Airport. He received a bachelor’s degree in economics from the University of Connecticut. Mr. Bennett also earned top honors while receiving an MBA from Montclair State University in New Jersey, graduating number one overall in his class.
Accounting Staff
The Accounting Staff is headed by David Hill, Executive Vice President.
Norman Hill
Vice President and Controller
Serving as Financial Controller out of Falcon’s Dallas, Texas office, Norman Hill has overall supervisory responsibility for the company’s financial accounting, reporting and analysis functions. Mr. Hill joined Falcon in August 2002 with fourteen years experience in the commercial real estate industry, nine of which were in financial accounting. Prior to joining Falcon, Mr. Hill worked with L&B Realty Advisors, Inc. a Dallas based national real estate advisory firm serving institutional clients. During his tenure with the firm, he served in a variety of positions including associate asset manager, associate portfolio manager, financial systems manager and property controller. A graduate of Texas Tech University, Mr. Hill has a bachelor of business administration degree in finance.
Rebecca L. Wilson
Senior Accountant
Rebecca Wilson has been in the real estate industry since 1991. A licensed real estate broker, she has experience in the investment, development, marketing and management of both residential and commercial properties. After studying business at the University of Texas at Tyler, she began her real estate career in sales before moving into investment and development. Prior to coming to Falcon, she has worked as the project manager and director of operations on a number of mixed use developments throughout Texas, as well as the acquisition of commercial properties in nine different states. Located in Falcon's Dallas, Texas office, Ms. Wilson has responsibility for reporting to clients who are invested in Falcon’s syndicated transactions. In addition, she has responsibilities associated with the accounting and performance reporting for the properties that Falcon manages.
Angela D. Bleckner
Senior Accountant
Angie Bleckner has had over 25 years accounting experience in the commercial real estate industry. Immediately before joining Falcon, she spent seven years with Centre Companies in Dallas as an accounting supervisor. Prior to that, she worked at both Fults Realty Corporation and Trammel Crow and was responsible in both positions for the preparation and analysis of monthly financial statements and property budget preparation. Ms. Bleckner is responsible for all accounting related activities for a portfolio of properties managed by Falcon Real Estate on the East Coast and in the Midwest along with reporting to clients invested in Falcon syndicated transactions. She has a Bachelors of Business Administration degree from Stephen F. Austin State University and is a licensed real estate salesperson in Texas.
Laura Paz
Accountant
Laura Paz is an Accountant in Falcon’s Dallas, Texas office. Ms. Paz is responsible for preparing quarterly accounting reports for a portfolio of properties on the East Coast and in the Midwest. Ms. Paz has been in the commercial real estate industry over nine years, all of which have been in property management. Prior to joining Falcon, Ms. Paz held an assistant property manager/administrative position with Centre Leasing and Management, a local Dallas property management company. Ms. Paz is fully bi-lingual in English and Spanish and is currently working towards a degree in business management from Richland College.
Patricia Gentry
Accountant
Patricia Gentry joined Falcon in 2005 and currently has fifteen years of accounting experience. As a member of Falcon’s Dallas team, Ms. Gentry is responsible for accounting related activities for a portfolio of properties managed by Falcon. Ms. Gentry began her real estate accounting career in 1995 as an Assistant Community Director for Greystar Management Services, a multi-family investment and management company. Prior to joining Falcon, Ms. Gentry served as an Assistant Controller in the security surveillance and medical imaging industry, managing accounting and office operations for local companies with multiple entities. Ms. Gentry is currently attending Phoenix University to attain her AAFB.
Tamela Newton
Accountant
Tamela Newton has over 15 years of accounting experience. She began focusing on real estate accounting in 2004 when working for Centre Companies in Dallas. In that position she supervised the maintenance and preparation of financial statements and reports for approximately fifteen office and retail properties. Immediately prior to that, she worked for United Metal Fabricators as a bookkeeper, where her duties included accounts receivable, accounts payable, billing, and payroll. She joined Falcon’s Dallas accounting unit in 2006 and is currently responsible for accounting related activities for a portfolio of properties managed by Falcon. Ms. Newton has a Bachelor of Business Administration and Management degree from Northwood University. She is currently enrolled at Texas Women’s University pursuing her Master of Business Administration with an accounting emphasis. She anticipates sitting for the CPA exam in 2010.