LOS ANGELES, CA--(Marketwire - Jul 10, 2012) - Urban Partners, LLC, a full-service Los Angeles real estate investment and development firm, has appointed James Atkins as Managing Director of Seattle-based Harbor Urban, LLC, announced Urban Partners principal Matt Burton.
In this new position, Atkins will provide executive leadership to the team and manage the day-to-day business activities of Harbor Urban, which represents the Pacific Northwest and was recently formed as a venture between Urban Partners, LLC and AREA Property Partners.
"Jim's proven success in delivering core assets on time and on budget is a true asset," said Burton, adding that "Both Urban and AREA Property Partners (our partner in Harbor Urban) are thrilled he will be at the helm in the Pacific Northwest."
"With Jim leading Harbor Urban, AREA is confident in our plans to co-develop +3,000 units with Harbor Urban in the Pacific Northwest over the next few years can be achieved both from a sourcing and execution perspective," said Richard J. Mack, North America CEO of AREA.
Before being tapped to lead Harbor Urban, Atkins previously acted as principal and partner with Urban Partners in Los Angeles on a number of mixed-use urban infill developments in both the Pacific Northwest and Southern California markets.
"Leadership and experience are critical to Harbor Urban," said Paul Keller, founding principal of Urban Partners.
With more than 20 years of executive management experience working with numerous stakeholders, partners, investors and lenders in both urban and rural communities, Atkins has led and managed multidisciplinary teams that have capitalized and developed a wide variety of complex projects including nearly 3,500 mixed-use residential homes, more than 1,000 (LEED Silver+) for-sale and for-rent homes, hospitality and resort real estate projects.
Most recently, Atkins, who is also a partner of Williams/Dame and Associates, successfully broke ground on the new Marriott Hotel project in downtown Los Angeles. Prior to working with Urban Partners, Atkins served as Managing Director for Merlone Geier Partners and The South Group.
About Urban Partners, LLC
Urban Partners is a full service real estate investment, advisory, development and management firm focused on pursuing sensible investment and development opportunities in complex West Coast gateway city markets. Specializing in value-add projects and mixed-use urban infill assets, Urban Partners utilizes sustainable development practices and has expertise in complex private and public financial structures that yield superior financial returns. www.urbanpartnersllc.com
About AREA Property Partners
AREA Property Partners, formerly known as Apollo Real Estate Advisors, is a leading international real estate investor and fund manager on behalf of prominent government and corporate pension funds, sovereign wealth funds, insurance companies, foundations, endowments, and high net worth individuals. Since the firm's founding in 1993, AREA Property Partners has overseen the establishment of multiple real estate funds and joint ventures totaling $13 billion in equity commitments for investments in the United States, Europe and Asia. Its funds have collectively invested in over 570 transactions with an aggregated value in excess of $65 billion. Headquartered in New York, the firm has offices in Atlanta, Los Angeles, San Francisco, London, Paris, Luxembourg and Mumbai. AREA's funds target a broad range of opportunistic, value-added and debt investments in real estate assets and portfolios throughout North America, Europe, and India. www.areapropertypartners.com.
Contact Information:
Media Contacts:
Patric Rayburn
Rogers Finn Partners
310-552-4156
patric@finnpartners.com