Managing the monetization of Macy's owned real estate portfolio (3,500+ acres / 100mm+ bldg. sq. ft.) into highest and best use through partnerships focused on development and repositioning, including mixed-use, residential, life sciences/lab/medical, office, flex office, hotel, retail, and industrial/logistics. Managing and executing on opportunity identification and underwriting, partnership sourcing, negotiation and formation through pre-development, entitlements, and project stabilization/monetization. Suburban and urban core development.

HBC Properties and Investments, HBC’s dedicated real estate and investments business, manages, maximizes and enhances the company’s robust portfolio of assets. HBC controls, either entirely or with joint venture partners, approximately 40 million square feet of gross leasable area.Hudson's Bay Company (HBC) is a holding company of investments and businesses that operate at the intersection of technology, retail operations and real estate, including majority ownership of iconic ecommerce companies: Saks, a leading online destination for luxury fashion, and Saks OFF 5TH, a premier luxury off-price ecommerce company. Our portfolio also includes The Bay, a Canadian ecommerce marketplace, Hudson’s Bay, the operating company for Hudson’s Bay stores, SFA, the entity that operates Saks Fifth Avenue’s physical locations, and O5, the operating company for Saks OFF 5TH stores, as well as our real estate and investments business, HBC Properties and Investments. Founded in 1670, we are North America’s longest continually operating company and are headquartered in New York and Toronto.

NRDC Equity Partners is a private equity firm that acquires operating companies in the commercial real estate, retail, leisure, and lodging sectors. NRDC is interested in growth or turnaround opportunities and looks to invest $50 to $750 million of equity in acquisitions that require a total investment of $100 million to $5 billion. NRDC Equity Partners is a joint venture between National Realty & Development Corp. and Apollo Real Estate Advisors.

JDM Capital specializes in direct asset acquisition and finance, mezzanine financing and joint venture equity. Serving foreign and domestic investors, the firm focuses its efforts on large and medium-scale U.S. real estate properties, seeking long-term value through both asset preservation and income production.