Park Madison adds Hoit as partner

The New York-based real estate placement and advisory firm has hired a former senior partner at Rubenstein and managing director of Shorenstein to advise clients on real estate capital-raising and acquisitions.

Park Madison Partners has brought in a former executive of Rubenstein Partners and Shorenstein Properties to advise the New York-based real estate placement and advisory firm’s clients on purchases and fundraising strategies. 

Gentry Ashmore Hoit joins Park Madison today as a partner. In her new role, she will work with the firm’s founding partners, Nancy Lashine and Suzanne West, advising clients on real estate acquisitions and capital-raising efforts. 

“With a more experienced and savvy US institutional investor community looking to access deals opportunistically on a direct basis, we have seen great demand for seasoned professionals who are familiar with the private equity real estate space,” said Lashine. “We are pleased to have professionals like Gentry, who understand the need for creativity in developing strategies that meet clients’ investment requirements.”

Hoit joins Park Madison from Atlantic Assets Group, a private investment firm dedicated to mixed-use and residential investment and redevelopment in Brooklyn, and Atlantic Assets Summit, which provides real estate consulting and advisory services on real estate acquisitions, dispositions, business strategy, capital-raising and joint ventures. She was a partner in both entities. Before that, she was a senior partner at Rubenstein Partners, a private real estate investment firm focused on the acquisition and redevelopment of office properties in the eastern US. 

Prior to working at Rubenstein, Hoit was a managing director at Shorenstein. There, she led East Coast acquisitions for the firm’s capital transactions group, acquiring 16 million square feet valued at nearly $4 billion and raising more than $1.8 billion in debt financing.