Red Bank-based First National Realty Partners on Wednesday said it appointed Stuart Brackenridge as vice president of acquisitions. In his new role, Brackenridge will be responsible for sourcing, evaluating and acquiring best-in-class retail assets.
With over 27 years of experience in the commercial real estate industry, Brackenridge most recently served as managing director of investments at Newport Capital Partners, where he was responsible for sourcing, underwriting and structuring investment transactions. His extensive background experience includes senior roles at Crow Holdings, Westwood Financial and Regency Centers, where he led the acquisition and management of retail investments, overseeing more than $900 million in transactions.
“We are thrilled to welcome Stuart to our team,” Mike Hazinski, chief investment officer at FNRP, said. “His deep knowledge and expertise perfectly aligns with our investment thesis of acquiring necessity-based assets that can deliver superior risk-adjusted returns for our investors.”
“Joining FNRP presents an incredible opportunity to leverage my experience in grocery-anchored retail and help the firm continue its strong trajectory of growth. I look forward to contributing to the acquisition of assets that deliver sustainable, long-term value,” Brackenridge said.
