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CALIFORNIA
Irvine-Thompson National Properties said that Greg Genovese has joined the company as president of the securities division.
Previously, Mr. Genovese was responsible for raising capital for REIT LLC and 1031 TIC offerings as senior vice president of Western markets for Grubb & Ellis Securities Inc., formerly NNN Capital Corp.
Prior to joining Grubb & Ellis, he held sales, marketing and management positions at Bear Stearns & Co., Cowen & Co. and Wells Real Estate Funds.
Thompson National Properties also said that Wendy Worcester has joined the company as chief administrative officer.
In this position, Ms. Worcester is responsible for administrative management including finance, accounting, human resources, investor relations and general office functions.
Irvine-Real Estate Disposition Corp. named Chris Alcedo as vice president in the client management division.
Mr. Alcedo was most recently with EMC Mortgage management and disposition where Corp. as the senior vice president of REO he spent 15 years managing and growing the REO department's portfolio.
Prior to his tenure with EMC Mortgage Corp., he was with PHH Homequity Relocation where he spent eight years working as a client inventory manager overseeing the management and liquidation client real estate portfolios.
San Diegoe_SEmDNational Asset Direct, a purchaser of distressed residential assets and loans, added Ray Schalk, Melissa Dant and Jill Parker, all formerly of Accredited Home Lenders, to its senior management team.
Mr. Schalk joined NAD's whole loan trading team from Accredited, where he sold loans and participated in the securitization...