WatermanCLARK, LLC (“Company”), a privately-held commercial real estate investment and operating company, today announced the appointment of industry veteran Jonathon Blackwell as Chief Investment Officer.
Blackwell is a respected commercial real estate professional and was formerly a director in the Investments Group at real estate investment trust SL Green. In that role, Blackwell co-managed a team of 10 professionals that were responsible for sourcing and oversight of underwriting, negotiation and execution of more than $20 billion worth of transactions.
Co-Managing Partners, Philip Waterman III and Ric Clark said, “We are thrilled to add Jon to our growing team at WatermanCLARK. Jon is a talented professional, has handled complex negotiations throughout his career, and has an exceptional reputation in our industry and an incomparable network of peers that will be highly accretive to the growth of our company.”
“I am truly excited for the opportunity to work with Ric, Tod and the rest of the team at WatermanCLARK. I plan to draw on my years of experience and close industry relationships to help guide WatermanCLARK’s strategy and growth moving forward,” said Blackwell.
Blackwell is an active member of many industry organizations including Young Real Estate Professionals of New York (YREPNY) and New York Private Equity Network (NYPEN). He was also a founding member of Emerging Professionals in Real Estate (EMPIRE). Blackwell has been a long-time supporter of Harlem Children’s Zone and is a member of Habitat for Humanity’s New York City Real Estate Council. He graduated from the Wharton School at the University of Pennsylvania.
About WatermanCLARK:
Two of the real estate industry’s most experienced executives, Ric Clark and Philip Waterman III, have combined forces as WatermanCLARK, a vertically integrated real estate investment and operating company. Prior to WatermanCLARK, Ric Clark spent over three decades with Brookfield Property Group (the real estate arm of Brookfield Asset Management) and its affiliates in various roles including Chairman and CEO. Philip Waterman III founded Waterman Interests, LLC in 2007, which has acquired and operated office and retail assets in New York City including 130 Prince Street, 234 West 39th Street, 142 West 36th Street, 400 Park Avenue, 390 Park Avenue, and 125 West 55th Street, among others. Prior to founding Waterman Interests, from 1987-1999 he was a senior executive at Tishman Speyer and served on the Management Committee. In 1999, Mr. Waterman joined Reckson Associates Realty Corp. (NYSE: RA) to establish its New York City office and had responsibility for that division until the Company was sold to SL Green Realty Corp. in 2007.
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