The MDC Property Services team has an extensive background in commercial real estate investment, development, and management. We have been involved in over $1.5 billion worth of acquisitions, dispositions, development, and management over the past five years.
Jeffrey Kohn - President
Mr. Kohn is the owner and president of MDC and has over 25 years in the real estate industry. He was the CEO of TGS North American Real Estate Investment Trust from December 2003 until June 2006, when the REIT was purchased by a subsidiary of Great-West Life Assurance Company.
Under Mr. Kohn, the REIT was a work-out situation which provided investors with a return of over 20% in 2.5 years. The REIT grew to more than 4.5 million square feet and was sold, in aggregate, for over $600 million. The portfolio’s geographic location was western Canada and western United States. Mr. Kohn was also the Founder and Chairman of Tonko Development Corp., a publicly traded real estate company that owned and managed assets in excess of $750 million and included 7.5 million square feet of industrial, office, and retail properties. Tonko was sold in May 2002 to an institutional purchaser.
Allan Okabe - Executive Vice President
With over 20 years' experience in the commercial real estate industry, Mr. Okabe is experienced in all aspects of real estate. His background includes acquisitions and dispositions, asset and property management, leasing, development and mortgage financing.
Mr. Okabe previously worked for TGS North American Real Estate Investment Trust as its Vice President, Acquisitions. During his time with the REIT, Mr. Okabe was involved in over $600 million in property acquisitions and dispositions, and was instrumental in the process that led to the eventual sale of the REIT to Great-West Life.
Prior to the REIT, Mr. Okabe worked on over $1 billion of commercial sale transactions, the majority of which were on behalf of institutional investors.
John Massing - Executive Vice President
Mr. Massing has more than 25 years in the real estate industry and has held several senior management positions, including Vice President of Leasing and Operations for Triple Five Corporation, Vice President Leasing (Western Canada) for Cambridge Shopping Centers, and Senior Vice President of TGS North American Real Estate Investment Trust.
He has been involved in the development and management of projects such as West Edmonton Mall, Mall of America, and the redevelopment of TGS' outlet malls in Colorado. Mr. Massing is currently working with Triple Five Development Corporation as a consultant in charge of the operations of the company in Las Vegas including leasing, construction, and property management. The portfolio comprises five centres totalling 4.5 million square feet.
Marty Homan - Vice President of Finance
Mr. Homan is a Chartered Professional Accountant and has over 15 years of financial accounting experience with commercial real estate, open and closed end funds, income trusts, oil and gas, financial services, hospitality, and non-profit organizations. Prior to joining MDC, Mr. Homan was a Controller for a group of investment products including 11 publicly traded structures on the Toronto Stock Exchange, a mutual fund corporation with five fund classes, and a flow-through limited partnership. Mr. Homan has been involved in many different aspects of accounting including reporting/disclosure, business development, audit and taxes, banking, and experience with commercial real estate, investor relations and human resources.