Monday Properties, a dynamic real estate investment firm and industry-leading developer, today announced that Cliff Cummings has joined the company as Vice President of Investments to lead its office platform in acquisitions. In this role, Mr. Cummings will focus on selecting and closing new acquisitions, creating value in current assets, and developing and expanding new and existing capital relationships.
“Monday Properties is in growth mode. With our latest capital investment partnerships, acquisitions, and the delivery of several multifamily projects, we couldn’t be more excited to welcome Cliff to our team,” said Tim Helmig, Managing Partner of Monday Properties. “Cliff will be an invaluable asset to the firm, bringing over12 years of real estate investment, development, and acquisitions experience. His strong background will bolster our strategic capabilities and scale as the firm accelerates its growth trajectory.”
Previously, Mr. Cummings was the Vice President of Investment Sales at Newmark where he executed nearly $2.5 billion in institutional real estate transactions. Prior to joining Newmark in 2017, Cliff executed both on and off-market acquisitions as a principal across all product types for development, redevelopment, repositioning and investment in the D.C. metro area and on the West Coast. He participated in over $150 million worth of investment transactions, including the sourcing of new joint ventures and development of new separate account relationships with large institutional partners.
“It’s an incredible opportunity to join Monday Properties’ impressive team,” said Cummings. “I look forward to continuing the firm’s ambitious expansion plans and joining a forward-thinking group of professionals that fosters innovation and recognizes the unique opportunities out there, especially given the current market dynamics.”
Mr. Cummings joins Monday Properties shortly after several major acquisitions, including the 900 Long Ridge and Shirlington Tower office acquisitions, and a newly formed investment partnership with FrontRange. Monday Properties also recently launched MondayVR, a virtual online platform created to streamline the search for 4M+ square feet of office space.
About Monday Properties: Monday Properties is a vertically integrated real estate investment firm that owns, operates, develops and invests in a dynamic portfolio of mixed-use properties. Since 2002, the firm has completed over 70 property transactions representing 30 million square feet and $14 billion in capital value. Monday Properties uses their comprehensive strategy based on high-growth markets and opportunistic investments to deliver unique commercial and residential investment offerings that transform communities and focus on connectivity. The company’s current portfolio totals more than 4.5 million square feet of commercial office space, as well as 2,200multi-family units that are either developed, planned or under construction. For more information on Monday Properties, please visit www.mondayre.com.