MIAMI-Flagler has created a new position in its asset management division. Karl Hanson has been promoted to vice president of the group.
Hanson has been with the company for more than a decade, most recently serving as the North Florida market officer. John Guitar, currently vice president and Central Florida market officer, will take on additional responsibilities as North Florida market officer.
“Both Karl and John bring tremendous expertise to their newly defined roles,” says Jose Hevia, president and CEO of Flagler. “This new alignment of responsibilities will better position Flagler to take advantage of new market opportunities in the asset management arena, while maintaining our position as the premiere provider of class A office and industrial work spaces throughout Florida.”
In his new role, Hanson is responsible for managing Flagler’s suite of asset management services for financial institutions and other organizations dealing with commercial real estate. Hanson remains based out of Flagler’s Jacksonville office, but will spend more time at the company’s Coral Gables headquarters.
“Most forecasts predict there will be a steady stream of distressed assets and loans over the next three years or so,” Hanson tells GlobeSt.com. “This is a market condition that we as an industry have to manage. I’ll be applying a skill set I’ve developed over the years managing Flagler’s owned assets to our third-party services platform.”
Guitar, a nearly 10-year Flagler veteran, will be responsible for the company’s North Florida assets, including the leasing of the company’s 4.2 million square feet of class A office and industrial space in Jacksonville. Guitar will work with the current leasing team of Ross Carrier and Gary Cox in this new capacity and will continue to report to executive vice president Keith Tickell.
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