Jaime McKenna has been promoted to president, real estate, at Fengate Asset Management. Joining her in the real estate leadership team are Alison Kimmell as managing director, development and portfolio management, and Colin Catherwood as managing director, investments.

McKenna joined Fengate as a managing director in 2019 after previously serving as chief investment officer at Minto Apartment REIT. Over the past five years, she has overseen portfolio growth, taking to its current $15 billion value with 5 million square feet of industrial space existing or in development and 25,000 residential units in the pipeline.

“Her leadership has resulted in remarkable growth for Fengate Real Estate’s investments, developments and asset management on behalf of our investors,” says Lou Serafini Jr., Fengate’s president and chief executive officer. “With Alison and Colin onboard in their senior roles alongside Jaime and the entire Fengate Real Estate team, I know there will be continued momentum and excellence.”

Kimmell previously led the development of CIBC Square for Hines Toronto, including securing the 1.8-million-square-foot anchor tenant lease and raising more than $2 billion in capital. She now transfers that expertise to Fengate, where she’ll be leading the land and development strategy.

Catherwood joined Fengate in 2020, after previously serving as senior vice president, investments, at Graywood, overseeing multifamily sector activities. In his new role at Fengate, he lead North American activities across all property asset classes.

“Alison and Colin’s extensive investment and development experience across multiple real estate asset classes, proven track record in managing landmark projects and leading high-performing teams will be invaluable for Fengate and our investors,” McKenna says.