Lingerfelt, a prominent real estate development and investment firm based in Richmond, Virginia, is thrilled to announce the appointment of Jodie Strum as Managing Director, Capital Markets & Investor Relations, effective October 29, 2024. With this leadership role, Jodie will spearhead the firm's strategic initiatives in capital formation and investor relations, drawing upon her extensive experience in the industry. Her primary responsibility will be to secure capital commitments for Lingerfelt's commercial real estate projects via its private equity vehicles.

Jodie Strum will expertly manage and cultivate relationships with potential limited partners to broaden Lingerfelt's investor network. Her collaboration will extend to cross-functional teams, including development, acquisitions, finance, and legal, ensuring that capitalization strategies are in harmony with project, fund requirements, and overall business objectives. In addition, Jodie will organize and lead investor presentations alongside senior leadership, acting as the main point of contact for equity investors.

"We are thrilled to have Jodie join our leadership team at such a pivotal time for the company," stated Ryan Lingerfelt, President & CIO of Lingerfelt. "Her deep expertise in capital markets and ability to forge lasting investor relationships make her an invaluable addition. Her strategic insight and commitment to excellence align perfectly with our growth vision. We are confident Jodie will be instrumental in advancing the success of our projects and partnerships."

Before joining Lingerfelt, Jodie served as Principal at Atlantic Real Estate Capital, where she excelled in originating, underwriting, closing, and servicing a diverse range of commercial loans. With over 20 years in the industry, Jodie has an impressive track record, having facilitated more than $3 billion in debt and equity transactions across the U.S. Her knowledge of complex financing placements is vast, and she is well-versed in development, construction, permanent, bridge, and mezzanine transactions. Jodie's expertise extends to a variety of capital sources, including institutional bodies, private equity, hedge funds, conduits, and traditional bank financing.

Jodie expressed her enthusiasm about joining Lingerfelt, stating, "I am excited to join a talented team recognized for delivering top-tier projects and fostering strong investor relations. Leveraging my expertise in capital markets, I look forward to supporting Lingerfelt's strategic initiatives and contributing to its continued growth and success." Besides her professional achievements, Jodie has held several leadership roles in industry organizations, such as President of the Commercial Real Estate for Women – Richmond Chapter, where she was named one of the "Top 25 Women to Watch" in 2015. She has also served as Membership Chair and Co-Chair of annual Vision Awards at ULI Virginia.

Jodie's appointment represents a significant milestone for Lingerfelt in its quest to strengthen its foothold in the commercial real estate investment sector. Her proven track record and extensive experience in capital markets and investor relations position her to drive new growth opportunities and further cement long-standing relationships with key investors, propelling Lingerfelt's vision forward.

Lingerfelt, known for delivering innovative, high-quality projects, possesses a rich history of over several decades in commercial real estate developments aimed at enriching communities while providing excellent investor value. For any inquiries regarding this announcement, Rob Valentine, Principal of Lingerfelt, can be reached at [email protected].