Stirling Properties Appoints Paul Mastio as Chief Financial Officer
COVINGTON, Louisiana —- (JUNE 23, 2011) Stirling Properties appoints Paul Mastio as the company’s new Chief Financial Officer (CFO) from his previous position as Senior Vice President of Operations and Accounting. This appointment was effective Monday, June 20, 2011,
“As Stirling enters into its next phase of the company’s evolution and growth, it is essential that we have someone like Paul overseeing all of the financial operations of our company and helping to guide us to greater efficiencies and profitability,” said Marty Mayer, President and CEO of Stirling Properties. “Paul’s contributions to Stirling over the years have been invaluable to our success.”
As CFO, Mr. Mastio is responsible for the oversight of the company’s Accounting and Information Technology departments. He will report to the President and CEO while directly working with the Management Team to identify needs, manage processes for financial forecasting and budgets, as well as give advice on the impact of long range planning, strategies and regulatory actions.
“Since joining Stirling Properties, I’ve watched the company grow and evolve” said Mastio. “I am honored to be part of this next phase of business and look forward to seeking a full range of industry solutions that will lead Stirling into future successes.”
Mr. Mastio has been with Stirling Properties for 18 years. He currently is a member of both the Management Advisory Committee and Company Forum, which meet regularly to discuss all aspects of company strategy, planning and operations.
Mr. Mastio obtained his Bachelor of Science degree from Southeastern Louisiana University. Shortly after graduation, he earned his Certified Public Accountant (CPA) designation. Mr. Mastio is a member of the Society of Louisiana Certified Public Accountants (LCPA), American Institute of CPAs (AICPA), and the National Association of Real Estate Consultants (NAREC).
Stirling Properties Welcomes Jordi Goodman to Its Development Team
COVINGTON, Louisiana —- (JUNE 7, 2011) Stirling Properties expands the depth and breadth of its Development Team by announcing the addition of Jordi Goodman as a Development Associate.
In this position, Mr. Goodman will work directly with Townsend Underhill and Peter Aamodt, Stirling Properties’ Vice Presidents of Development and Acquisition, where he will be responsible for assisting in all development area functions including project management, financial analysis, marketing, document review, site inspection and market research.
“The industry is seeing an upswing in activity and it is crucial to have the right people in place to capitalize on growth opportunities. This is why we are pleased to be able to bring someone of Jordi’s caliber onboard,” said Underhill. “His previous experiences and expertise will play a significant part in Stirling Properties’ development goals as we continue to expand our services in the Gulf South.”
Prior to joining Stirling Properties, Mr. Goodman worked as a Development Associate with New Orleans based Green Coast Enterprises and also as a Project Analyst for New Development with Citi Habitats Marketing Group in New York, New York.
Mr. Goodman received his Bachelor of Arts in Economics and International Development from Tulane University’s School of Liberal Arts in New Orleans.
Stirling Properties’ Marty Mayer to Serve on ICSC’s Worldwide Board of Trustees
COVINGTON, Louisiana – (June 1, 2011) Marty Mayer, President and CEO of Stirling Properties, has been appointed to serve on the International Council of Shopping Centers’ (ICSC) Worldwide Board of Trustees. The appointment became official during ICSC’s Annual Meeting of Regular Members, which was held during ICSC RECon in Las Vegas, Nevada on Monday, May 23, 2011.
Fifty-two voting members from South America, Mexico-Central America, the Middle East, Africa, Europe, Canada, Asia and the United States make up the Board of Trustees. Mayer is one of 12 new trustees appointed to serve a three year term.
As a member of the Board of Trustees, Mayer is charged with establishing policies and governing all matters for ICSC’s worldwide members as well as assisting ICSC in the implementation of its mission statement.
“It is a great honor to be selected by ICSC to be one of the 52 worldwide trustees,” stated Mayer. “To be among such a distinguished and accomplished group of individuals who have contributed so much to our industry is most certainly due to the reputation of Stirling Properties and my associates who have been so involved since the company’s inception.”
Mayer is currently a member of ICSC’s Open Air Center Committee in which he was the Co-Chairman of from 2008 to 2010. Previously, he served as the Louisiana State Director and the Louisiana State Operations Director for ICSC.
Stirling Properties Welcomes Roger Bajon to its Team
COVINGTON, Louisiana—- (APRIL 20, 2011) Stirling Properties announces the addition of Roger Bajon to the company’s Commercial Brokerage Division located at 109 Northpark Blvd. Suite 300 in Covington, Louisiana as an Associate Broker.
“Roger’s extensive experience in commercial real estate banking and finance has afforded him relationships with many top clients and operators throughout the Gulf South as well as numerous long-term contacts in the commercial real estate capital markets,” said Marty Mayer, President and CEO of Stirling Properties. “This level of credibility adds an additional layer of expertise to the depth and breadth of services our commercial brokerage team can provide.”
Mr. Bajon has over 30 years of experience in commercial real estate financing and mortgage brokerage. For the past eight years he worked for Bajon Commercial Capital, LLC, a commercial real estate mortgage brokerage and advisory company he founded in 2003. Prior to owning his own company, Mr. Bajon served 21 years at Hibernia National Bank in various leadership positions all relating to the commercial real estate industry. His primary responsibilities included the establishment and oversight of all aspects of the banks’ commercial real estate lending division and commercial mortgage brokerage unit. This encompassed the management of construction, development and acquisition loans on income properties throughout the Gulf South for both the bank’s loan portfolio and placement with long-term third party lenders. He also served as the bank’s primary executive in a joint venture entity that originated, underwrote, sold and serviced loans to Fannie Mae through its DUS multi-family loan program.
Mr. Bajon earned his Bachelors of Science degree in Finance from Louisiana State University and is a licensed broker in the state of Louisiana.
Stirling Properties Operations Manager, Patrick Malik, participates in national webinar
Stirling Properties Operations Manager, Patrick Malik, participates in national webinar presented by National Real Estate Investor and Retail Traffic Magazine.
Patrick outlines “How to protect your Building from Water Damage and Costly Repairs”. View Webinar. Download Slides.
Apartment Developer Set to Break Ground Immediately at River Chase
Stirling Properties moves forward with next phase of the development
COVINGTON, Louisiana—- (FEBRUARY 25, 2011) River Chase, Stirling Properties’ master planned, mixed-use development, announces the construction of a 240 unit, garden-style, apartment complex set to break ground early this March. A little over 12 acres was purchased on Friday by developers Favrot & Shane Cos., one of Louisiana’s largest apartment developers, in a deal that marks the first new building construction at River Chase since the completion of the River Chase Shopping Center in 2005.
The apartment project, known as Brewster Commons at River Chase, is expected to be completed later this year with units available to rent as early as December 2011. Brewster Commons will be located on Brewster Road right behind Target where the convenience of living near shopping, dining and entertainment are within walking distance.
When complete, River Chase will consist of over one million square feet of office space, one million square feet of retail space, apartments, condos, two hotels, numerous restaurants and other retail uses. Recently certified by the Louisiana Economic Development committee as an LED Certified Site, River Chase met all the requirements to start the construction of Brewster Commons without any delay.
“By making River Chase shovel-ready, we were able to attract powerful developers like Favrot & Shane who are known for building some of New Orleans best apartment complexes,” said Townsend Underhill, Vice President of Development for Stirling Properties. “Brewster Commons at River Chase is just the beginning of Stirling Properties master plan. We’re building a productive mixed-use development with other exciting projects in the pipeline.”
To view the Site Plan or for more information about River Chase contact:
Retail:Rhonda Sharkawy, Leasing & Development Executive
(504) 620-8145, or rsha@stirlingprop.com
Outparcel & Hotels:William Barrois, Sales & Leasing Executive
(985) 246-3736, or wbarrois@stirlingprop.com
Office:Lee de la Houssaye, Leasing Sales Associate
(985) 246-3774, or ldel@stirlingprop.com
About River Chase
River Chase is a master planned, mixed-use development. It’s located amidst 253 acres of prime interstate property adjacent to the Tchefuncte River with direct access to Interstate 12 via two interchanges that bound the eastern and western borders of the development, Louisiana Highway 21, and convenient access to the Lake Pontchartrain Causeway and the City of New Orleans. Currently anchored by Target, Belk, JCPenney, Best Buy, Marshalls, Ross Dress For Less and a 14-screen stadium style Hollywood Theater, the 640,000 square feet River Chase Shopping Center, is the largest open air retail center in St. Tammany Parish. When complete, River Chase will consist of retail, office, hotel, and multi-family residents. For more information visit www.river-chase.com.
