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Having recently reached $1 billion in joint ventures and crossing the 50 million sq. feet threshold of leasing and management assignments, Foundry Commercial is poised for continued growth under new CFO leadership
ORLANDO, Fla. (October 4, 2018) – Foundry Commercial, the multi-city commercial real estate firm with offices across the Southeast and Texas, announces today the addition of Kevin Maddron, CPA, to the position of Chief Financial Officer, effective October 1, 2018. In this role, Maddron will assist with the long- and short-term strategy development to build and promote the growth of the Foundry Commercial enterprise.
Prior to joining Foundry Commercial, Maddron was Chief Investment Officer at Foster Senior Living, responsible for sourcing equity and debt for the company’s development activities, securing third-party management agreements, executing joint-venture partnerships, and serving as the primary contact for investor partners. From 2011 to the beginning of 2018, Maddron served as Chief Financial Officer, Treasurer, and Chief Operating Officer of CNL Healthcare Properties, a real estate investment trust (REIT) focused on seniors housing and healthcare facilities. Prior to that, Maddron served as the COO and CFO of Servant Healthcare Investments, where he was responsible for managing treasury and finance activities and overseeing the acquisitions, development, project analysis and due diligence efforts for the company.
At Foundry, Maddron will be responsible for providing financial leadership, vision and direction to help the business achieve its stated objectives and maximize profitability. He’ll also lead a talented team of professionals to deliver finance and accounting services for the company’s entire portfolio.
“Having spent the majority of his career overseeing finance, accounting and asset management for an array of real estate asset classes and large portfolios across the country, Kevin brings a wealth of experience and knowledge to his role as our company’s Chief Financial Officer,” said Paul Ellis, CEO of Foundry Commercial. “He has been charged with building a high-performance finance and accounting platform for Foundry Commercial, and we have a great deal of confidence in his leadership.”
“I am both grateful and excited to join the Foundry Commercial team of professionals, and look forward to participating in the growth of this exceptional company,” said Maddron.
Maddron has a bachelor’s degree and master’s degree in accounting from the University of Central Florida and is a certified public accountant.
About Foundry Commercial
Foundry Commercial is a full-service real estate services and investment company with 300 employees and more than 50 million square feet of management and leasing across the Southeast and Texas. Foundry provides corporate services, brokerage, leasing, building management and project management services, and is the largest real estate service provider to religious and not-for-profit organizations in the Country. Foundry also includes a development and investment platform that is fully integrated into its services business, leveraging its local market expertise to control more than one billion in advantaged investment opportunities with their JV partners. Foundry Commercial was founded as CNL Commercial Real Estate in 2007 and launched as Foundry in 2015 through a management-led buyout. For more information, visit www.foundrycommercial.com.
Lauren Leetun, APR