NETSTREIT Names Industry Veteran as its New CFO/Treasurer
As CFO, Daniel P. Donlan will be responsible for all corporate finance, accounting, treasury, capital markets, and investor relations functions as well as human resources and information technology activities for NETSTREIT, the company said.
Daniel P. Donlan has been appointed as chief financial officer and treasurer of real estate investment trust NETSTREIT Corp., effective April 10.
Donlan will be based at the company’s headquarters in Dallas.
CEO Mark Manheimer said Donlan’s “extensive capital markets, investor relations, and net lease industry experience will be invaluable” as the company continues to “opportunistically raise growth capital and source high-quality investments to produce strong risk-adjusted returns,” In a statement, the CEO also expressed his appreciation towards Lori Wittman for taking on the role of interim Chief Financial Officer during the search.
As CFO, Donlan will be responsible for all corporate finance, accounting, treasury, capital markets, and investor relations functions, as well as human resources and information technology activities for NETSTREIT, the company said.
Donlan is coming to NETSTREIT from his current position as senior vice president, head of Capital Markets at Essential Properties Realty Trust Inc. In that role, Donlan led the company’s corporate finance, capital raising, and investor relations efforts.
Before Essential Properties, he was a managing director at Ladenburg Thalmann & Co. where he served as its lead REIT (real estate investment trust) research analyst. Prior to that, Donlan held various REIT research roles at Janney Capital Markets and BB&T Capital Markets.
NETSTREIT is an internally managed real estate investment trust that specializes in acquiring nationwide single-tenant net lease retail properties.
Get on the list.
Dallas Innovates, every day.
Sign up to keep your eye on what’s new and next in Dallas-Fort Worth, every day.
R E A D N E X T
-
Jim Lake and Amanda Moreno are turning 40,000 square feet of real estate in downtown Cedar Hill into a mixed-use development with offices, restaurants, residential, and retail space. The $14 million project, which has yet to be named, builds on Jim Lake Companies' Bishop Arts success.
-
Local developer and consulting firm Innovan Neighborhoods is leading the roundtable's efforts to increase affordable housing in the region while accelerating the revitalization of underserved communities around Dallas. With initial funding from JPMorgan Chase, "flexible capital" could help boost needed projects. "When we put funds and resources behind innovative solutions, we can see neighborhoods and communities set up for long-term success,” says Maggie Parker, Innovan's founder and managing partner.
-
CBRE said the acquisition complements its existing global Integrated Laboratory Solutions capabilities for occupier clients in the fast-growing research and laboratory equipment sector. The deal "positions CBRE to self-deliver an impressive range of scientific laboratory maintenance and repair services," says John Dunstan, CEO of GWS/Enterprise at CBRE.
-
Rogers Healy and Associates Real Estate has grown rapidly over the past year, and recently announced the launch of rural realty arm RHA Land and Lakes. Today the firm announced it aims to add 1,000 new realtors to its ranks—and it's planning to pay for them to get licensed through its License Launch program. “Not only do we get the opportunity to invest in their success, but we get to watch them grow and thrive as a real estate agent after,” the company's talent coordinator says.
-
Mohr Partners Inc., a top-three global occupier-focused corporate real estate services firm, has hired Russell Gum as managing director of client solutions. Gum, a 26-year corporate real estate veteran, will be based at Mohr Partners' global headquarters in Dallas and report directly to Chief Commercial Officer Misti Meggs. Gum aims to leverage his two-plus decades of experience managing large, complex real estate portfolios for Fortune 500 clients. With Mohr Partners' best-in-class full-service corporate real estate platform, he expects to see "great outcomes" for corporate and healthcare clients." In his new role, Gum will work directly with Mohr Partners' existing corporate…