California-based NB Private Capital LLC, a real estate firm specializing in student housing, has expanded its staff with three new hires. Mark Antoun is now corporate accounting manager; James Hogen has joined as senior vice president of asset management; and Christine Wu is senior accountant.
ALISO VIEJO, CALIF. (PRWEB) AUGUST 29, 2019
Southern California–based NB Private Capital, LLC (NBPC), a nationally recognized real estate firm specializing in student housing, has recently added new staff to assist with its growing portfolio of properties. Mark Antoun, James Hogen and Christine Wu will hold positions in accounting and asset management.
In the newly created position of corporate accounting manager, Mark Antoun brings more than 10 years of experience in budgeting, accounting and operations. He began his career as a night auditor with Perflag Hotels LTD in London and quickly moved up the ranks to a property accounting supervisor responsible for overseeing eight staff accountants. During his tenure, his position entailed training, creating and developing processes and the implementation of accounting procedures.
Most recently, he worked in accounting and management positions for SmartStop Assets in Ladera Ranch, California.
At NBPC, Antoun will be managing the preparation and delivery of corporate annual reports, monthly investor distributions and daily accounting, including accounts payable/receivables, cash management, budget and forecast analysis. He received his bachelor’s degree in accounting and finance from Alexandria University in Egypt and has an MBA from Preston University in Alabama with an emphasis in marketing.
As senior vice president of asset management, James Hogen will oversee the asset management of several student housing properties in the NB Private Capital portfolio. He has over 13 years of institutional Class-A multifamily asset management experience and specializes in the student housing asset class.
Before joining NBPC, Hogen established an asset management program for a high-growth $500M student and senior portfolio encompassing over 3,000 apartment beds. The portfolio delivered both yield and capital appreciation to investors. Over the course of his career, he has covered an institutional multifamily asset management portfolio of over 7,500 units of core, value-add and development assets. His experience also includes managing analytics and valuation for over $3B of institutional medical office, retail, industrial, office and multifamily assets. He holds a BS in finance from the University of Maryland at College Park and is an LEED AP.
As a senior accountant, Christine Wu will ensure the integrity of NBPC’s accounting information. A graduate of California State University with a BS in accounting, Wu has three years of experience of progressive accounting experience. Her career began with a staff accountant position at ILY Enterprise Inc. In her position as a property accountant at SmartStop Assets Management, she prepared monthly financial packages for 20 properties with variances analysis, supported integration of new acquisitions and helped coordinate all property tax payments.
“NB Private Capital, LLC has completed three syndications, launched three new programs, exited two investment programs and raised close to $100 million since our inception last year,” said founder and president Brian Nelson. “This is great; however, the reason we launched NBPC was to shift the focus from growth at all costs to seeking measured and responsible growth. Asset management, property management and client services are every bit as important as top-line sales numbers. In fact, probably more so. We will continue to add the best and the brightest to our team with a laser focus on performance, communication and accountability. Our resolve to be known as a best-in-class sponsor across all areas of our business is on the front of our minds every day.”
About NB Private Capital
NB Private Capital, LLC, offers individual investors indirect ownership interests in institutional quality, professionally managed real estate. The company, founded by Brian Nelson, focuses on well-positioned, currently income-producing properties as well as targeted growth opportunities and potential value-added investments for its clients through strategies targeting capital improvements, cost efficiency and revenue maximization. NBPC specializes in the acquisition, financing and ownership of real estate investments in the niche area of student housing. NBPC currently manages over $700 million in multifamily housing real estate.