The Hampshire Companies has promoted Denise Novak to chief financial officer where she will be responsible for financial planning and reporting as well as managing and analyzing financial risks for the firm.
Novak was previously a fund controller for Hampshire’s institutional funds including the $235 million (€153 million) Hampshire Partners Fund VI and the $350 million Hampshire Partners Fund VII which closed late last year. Both funds are value-added funds focused on the acquisition, repositioning and operation of industrial, retail and suburban office properties located throughout the Northeast and Mid-Atlantic US.
Novak has more than 15 years of professional accounting experience under her belt, ten of which were in the real estate industry. She is a member of both the American Institute of Certified Public Accountants and the New York State Society of Certified Public Accountants.
Morristown, New Jersey-based Hampshire has been busy growing its team of real estate professionals. Earlier this month, it appointed Michael Harrington as asset manager, Karen Goodman as assistant controller, and Trent Taylor as assistant asset manager/financial analyst.