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People & Companies News for March 8, 2024

  • Rick Kedzior has assumed the role of president with the Ontario Real Estate Association. The Oakville-based realtor will represent about 100,000 members as they advocate for pro-homeownership policies to address the housing affordability crisis across Ontario and help colleagues navigate challenging market conditions, said OREA. Meanwhile, Belleville-based sales agent Cathy Polan was elected as the 2024 president-elect.
  • Raymond James has named Rob Sutherland as a managing director and head of real estate investment banking. Sutherland brings about 25 years of real estate industry experience to the Toronto-based company. He spent the past four years with Laurentian Bank. He has also held managing director and research analyst positions with Echelon Wealth Partners and National Bank Financial, and advised the Real Property Association of Canada (RealPAC on areas of importance.
  • Michael Jennings has joined Parkland Corporation’s board of directors. He has an extensive corporate history, notably serving as president and CEO HF Sinclair Corporation from July 2011 to May 2023. He held various positions within the company, including president, executive vice-president, and executive chairperson. He has also served in senior executive positions with a number of other energy companies. He currently serves as a director with the Plaza Group, a privately-owned firm engaged in the marketing and logistics management of high-value chemical intermediates. In addition. he previous sat on a number of other oil and gas company boards, including frontier energy. Calgary-based Parkland is a fuel distributor and owns and operates fuel stations and convenience stores across North America.
  • Jim Hannon and Will Brennan have been nominated for election to Altus Group’s board of directors. Their status will be determined at the company’s annual general meeting May 1. Hannon is the firm’s CEO. Brennan is investment firm Long Path Partners’ founder and managing director. He is a longtime Altus shareholder. Their nominations come as directors Tony Gaffney and Diane MacDiarmid are retiring from the board. Gaffney joined the board in 2012 and has been credited with overseeing the company’s transformation and significant growth. He chaired the human resource and compensation committee between 2015 and 2022. MacDiarmid led the corporate governance for five years (2013-2018. During Gaffney and MacDiarmid’s tenure, Altus transformed from a collection of real estate services to a leading provider of AI-enabled intelligence as a service to the commercial real estate industry, said Toronto-based Altus.
  • Beedie Group has appointed Elliot Alberg as its executive vice-president for Eastern Canada. Altberg will lead the investment, development and property management firm’s Toronto office operations. He brings about 20 years of commercial real estate experience involving approximately $80 billion of transactions to Beedie. Altberg joins Beedie from Toronto-based Crestpoint Real Estate Investments, where he served as head of investments. Based in the Vancouver area, Beedie Group comprises four separate business segments: Beedie Industrial, Beedie Construction, Beedie Living, and Beedie Capital and operates in Canada and the U.S.
  • Real estate lawyer Bianca Kratt has been elected as vice-president of the Canadian Bar Association for the 2024-25 term, Canadian Lawyer reported. Kratt serves as the CBA board member for Alberta. She is a partner with Parlee McLaws in Calgary and leads the firm’s real estate practice group. Her specialties include acquisitions, dispositions, leasing and land development, and she advises clients on corporate transactions and real estate financing deals. Born and raised in Quebec City, she is a member of the Huron-Wendat First Nation. Kratt served as president of the CBA’s Alberta branch from 2021 to 2022. She has participated in Legal Education Society of Alberta workshops and shared her leasing expertise with the International Council of Shopping Centres, which now goes by its acronym ICSC. Kratt will begin her term as CBA vice-president in September.
  • Law firm DLA Piper has appointed Daniel Shapira as co-chair of its Canadian real estate service group in Toronto. He is sharing co-chair duties with Mark Schmidt, who has led the group since 2015. Shapira joined DLA Piper in 2023. His practice focuses on commercial real estate and he has considerable experience with property development, sales, acquisitions, joint-ventures, leasing and financial transactions, including land development and construction loans. Prior to joining DLA Piper, he co-founded Straight Line Capital and served as head of real estate for Wildeboer Dellelce. He began his career as an associate with Goodmans.


Inside The Story

Rob SutherlandBianca Kratt

About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.

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