NB Private Capital LLC, a real estate investment firm and sponsor of private placement offerings, has expanded its sales, accounting, and asset management teams with four new hires.
As senior vice president of accounting, Jennifer Welker rejoins many of the associates she had previously worked with at the company’s predecessor, Nelson Brothers Professional Real Estate, where she was controller for six years.
She previously worked as director of finance at Buy.com, PricewaterhouseCoopers LLC, and more recently, as vice president of accounting at The Picerne Group. She has a bachelor’s degree in business with an emphasis in accounting from San Jose State University and is a certified public accountant.
John Burns was named senior vice president of asset management and brings more than 30 years of real estate experience to the company, specializing in the commercial retail sector. Before joining NB Private Capital, he was vice president of portfolio strategy at a privately held retail owner/developer located in Orange County, California.
Burns has developed and executed business plans, and has experience working with real estate investment trusts and overseeing internal property management departments. He has been a member of International Council of Shopping Centers for more than 25 years and graduated from San Diego State University with a bachelor’s degree in finance.
Mark Antoun was hired to the newly created position of corporate accounting manager to manage the preparation and delivery of corporate annual reports, monthly investor distributions, daily accounting including accounts payable/receivables, cash management, and budget and forecast analysis.
Antoun has more than 10 years of experience in budgeting, accounting and operations, and most recently worked in accounting and management positions for SmartStop Asset Management. He received his bachelor’s degree in accounting and finance from Alexandria University in Egypt and holds an MBA from Preston University in Alabama with an emphasis in marketing.
Joe Maymo has joined the firm as vice president of capital markets for the northeast region of the U.S. In his previous positions, he worked as regional vice president at Nationwide and Transamerica Financial.
His 19-year career as a financial services professional includes the wholesaling of variable annuities and mutual funds to the independent broker-dealer channel, along with more than six years of wholesaling publicly non-traded REITS and Regulation D offerings. He received a bachelor’s degree in political science from Ohio State University and also holds his FINRA Series 7, 65 and 63 licenses.
“We will continue to add the best and the brightest to our team with a laser focus performance, communication and accountability,” said founder Brian Nelson. “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.”
NB Private Capital LLC, an investment firm founded by Brian Nelson – previously of Nelson Brothers Professional Real Estate – specializes in the acquisition, financing, and ownership of student housing properties. The company currently manages more than $600 million in multifamily housing real estate. The company noted that it has completed three syndications, launched three new programs, exited two investment programs, and raised close to $100 million since its inception last year.