CHICAGO—The Chicago Association of REALTORS has just hired Michelle Mills Clement as its new chief executive officer, following a nationwide search. Mills Clement will replace Ginger Downs, the association's longtime leader, who will retire at the end of April. Mills Clement returns to her hometown of Chicago following five years in Seattle, where she was most recently the president and chief executive officer of the Commercial Brokers Association and the association executive for the Washington State Commercial Association of REALTORS. Prior to joining CBA, she served as the executive director of NAIOP's WA chapter, the Commercial Real Estate and Development Association. She has a history in the Chicago association industry, including positions with the Association Forum of Chicagoland, SmithBucklin Corp., Muscular Dystrophy Association and the Boy Scouts of America.

CHICAGO—JLL just hired a trio of real estate valuation litigation experts to add a new service offering to its valuation and advisory services business. Richard Roddewig, Gary Papke and Charles Brigden come to JLL from Clarion Associates, Inc., a real estate appraisal and consulting firm. The three specialize in expert testimony in complex litigation and administrative review proceedings and have national and international experience in determining the impact of contamination and environmental risks on prices and values. They are also experts in the valuation of historic properties and conservation lands, complex assets and special purpose real estate. “As we continue to expand our offerings, it's imperative that we offer a full suite of services to our clients,” says Michael Welch, JLL head of valuation and advisory services. “With Richard, Gary and Charles now part of the firm, we are adding industry leading expertise that sets us apart.”

CHICAGO—Pam O'Connor will leave her position as president and chief executive officer of Leading Real Estate Cos. of the World on March 31. The global organization now has 565 member firms in 65 countries and corporate offices in London and Singapore. O'Connor, who has been at the organization's helm since its founding in 1997, will remain active in the industry in a consultative capacity, including joining the LeadingRE board of directors for the coming year. Paul Boomsma, who currently serves a dual role as LeadingRE chief operating officer and president of Luxury Portfolio International, will assume responsibilities as president and chief executive officer upon O'Connor's retirement. “Pam has been the force behind the remarkable growth of our network,” says LeadingRE chairman of the board Joe Horning, president of Shorewest Realtors. “With incredible passion, talent and dedication, Pam has spent decades building programs that support the success of independent brokerages. Her influence across the industry is undeniable, and we are immeasurably thankful for her years of leadership.”

DETROIT—Bloomfield Capital, a national direct lender and equity investor, has just closed three transactions totaling approximately $7.4 million. The Birmingham, MI—based capital provider closed all three deals in the final days of 2017. The transactions included both retail and industrial properties located in MI, IL, and IN. The financings consisted of a preferred equity investment and two note purchases. “Over the past ten years, we've become known for our ability to deliver exceptional results to our borrowers by executing efficiently on fast-moving transactions and are proud to have closed these deals before year-end,” says Nicholas Coburn, founder and managing partner of Bloomfield. In the final month of 2017, the company also expanded its investment team by adding Nevan Shokar as an associate. He will help source, underwrite and execute new investment opportunities. Shokar joins Bloomfield from Miller Capital Advisory, where he was involved with placing investments for the largest pension fund in the country, most notably the acquisition of Miracle Mile Shops in Las Vegas.

DEALTRACKER

KANSAS CITY—Holliday Fenoglio Fowler, LP recently helped complete the $14 million sale of 5525 W. 119^th St., a 38,496-square-foot medical office building on the campus of HCA Menorah Medical Center in the Kansas City suburb of Overland Park, KS. The HFF team represented the seller, and procured the buyer, CNL Healthcare Properties II, a non-traded real estate investment trust sponsored by CNL Financial Group. Five tenants, including an ambulatory surgical center operated by HCA and a leading physician group, lease the whole two-story property, which was completed in 2007. The medical office building is situated on the campus of the 154-bed HCA Midwest Menorah Medical Center adjacent to Sprint Corp.'s global headquarters, Town Center Plaza & Crossing and Hawthorne Plaza. The HFF investment advisory team representing the seller comprises members of HFF's national medical office building team, including managing director Evan Kovac, senior director Ben Appel, director Anthony Frogameni, director Andrew Milne and associate Matt DiCesare as well as managing director Sean Fogarty.

CHICAGO—The Chicago office of Duke Realty, a US domestic-focused industrial property REIT, has just renewed its lease with the Electrolux Home Products, Inc., a global leader in appliances for home and commercial use, for Midpoint Distribution 801, a 965,183-square-foot warehouse located at 801 Midpoint Rd. in Minooka, IL. “The building's location along the I-80 corridor and just five miles from the I-55/I-80 interchange provides Electrolux with ready access to the Chicago metro area as well as the rest of the country,” says Susan Bergdoll, vice president of leasing and development for Duke Realty in Chicago. Eric Beichler with Mohr Partners, Inc., based in Dallas, represented Electrolux in its renewal. Duke Realty was represented by Bergdoll.