New York People and Company News, Week of Dec. 19, 2025

ACRE, a leading vertically integrated, residential real estate investment firm with capabilities across the capital structure, has launched ACRE Wealth Solutions, a new platform to support RIAs, family offices, financial advisors and their clients. The company has appointed Emily Conte to the newly created role of Managing Director and Head of Global Wealth Solutions. She will build and lead ACRE’s business serving the wealth channel.  

Arrow Real Estate Advisors, a leading real estate finance advisory firm, has hired Michael Weinreb as a director. Weinreb joins the firm as part of Arrow’s continued growth in the multifamily and investment sales sectors across New Jersey and the broader Northeast. 

Cresa, the world’s leading occupier-centric commercial real estate firm, today announced that veteran office brokers Kenneth Salzman, SIOR, MSRE, and Seth Rosen have joined the company from Lee & Associates NYC as a principal and VP, respectively. Salzman has provided integrated real estate advisory services to major corporations, institutions, and not-for-profit organizations throughout the New York metropolitan area and North America for more than 20 years, while Rosen brings an 11-year tenure in
commercial real estate following a successful stint in financial services 

Essential Properties Realty Trust, Inc. has appointed Robert W. Salisbury, CFA as EVP and CFO, effective Jan. 1, 2026. He succeeds Mark Patten, who is leaving to pursue a new professional opportunity. Salisbury has been an SVP within the company’s finance department since 2023, helping lead its capital markets and investor relations functions. Previously, he was an SVP and director of research at Almanac Realty Investors, the real estate private equity arm of Neuberger Berman. 

Longtime partners Shane Herlet and Tom Gaston will now lead Maplewood Senior Living as Co-CEOs. Herlet was formerly COO, and Gaston was previously CIO.  

The Hudson Companies hired Ellen Kackmann as Principal and Co-Head of Development, where she’ll oversee Hudson’s affordable housing portfolio. Kackmann will be a member of Hudson’s Leadership Committee, advising and supporting the firm’s Principals on matters affecting the company’s direction, and will be responsible for developing and leading efforts to implement and maintain best-in-class standards, processes, and procedures for the development team.  

Christopher Stuckey has joined International Finance Bank (IFB) as VP – private residential lender in the New York office. He joins IFB from First Horizon Bank, where he worked closely with business partners and wealth management teams to structure custom lending solutions for high-net-worth individuals. 

Queens Development Group (QDG) – a joint venture between Related Companies and Sterling Equities – in partnership with the New York City Department of Housing Preservation & Development (HPD) and the New York City Housing Development Corporation (HDC), has launched the affordable housing lottery for 880 homes at Willets Point Commons in Queens. The 880 homes will be in the first two buildings of the Willets Point development and will open with a portion of the public green space. Housing available through the lottery ranges from studios to three-bedrooms and is available to households earning between 30 and 120% of the area median income. 

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