Savanna has hired former Tishman Speyer executive Kevin Hoo as vice president. In his new position, Hoo will manage assets in the New York-based private equity real estate firm’s portfolio, lease and reposition its properties and oversee and coordinate development. He also will be involved in acquisition underwriting, financial modeling and deal structuring.
According to the company, Hoo joins Savanna after nearly three years with Tishman Speyer. Most recently, he served as director of commercial leasing and sales for the New York-based developer, with a specific focus on Rockefeller Center and 200 Park Avenue.
Hoo began his tenure at Tishman Speyer in the emerging markets group. There, he was responsible for managing acquisition and development opportunities and subsequently added supervision of design and construction elements to that role. He later transitioned into the New York acquisitions group before joining the commercial leasing and sales group.
“Kevin brings an extensive career in real estate, including relationships with prominent brokers and tenants and a proven track record of success,” said Savanna managing partner Christopher Schlank in a statement. “In addition, his experience in acquisitions and development of commercial real estate properties makes him a perfect fit for our company as we continue to add to our portfolio.”
Prior to Tishman Speyer, Hoo was an associate director in the real estate investment banking group at UBS in Sydney. While at the bank, he was responsible for mergers and acquisitions and capital market transactions for REIT clients.
Hoo is the latest executive to depart Tishman Speyer for a private equity real estate firm in the past few weeks. Last week, Todd Silverman left the development giant to join New York-based secondaries firm Madison International Realty as managing director of equity capital markets.