Levin Management Announces COO and CFO Promotions Amid Continued Growth
Advancements Coincide with Upcoming Retirement of Long-time Leader
NORTH PLAINFIELD, N.J., April 6, 2022 – Commercial real estate services firm Levin Management Corporation (LMC) has announced two executive promotions, with Paul Tavaglione named executive vice president and chief operating officer, and Jennifer Mercer named vice president and chief financial officer. The advancements precede the July retirement of President Robert Carson, who has served the company in key leadership positions for three decades.
The news comes at a time of sustained growth for North Plainfield-based LMC, which maintains a diversified, retail-focused leasing and management portfolio of 120 properties totaling almost 16 million square feet in the Northeast and Mid-Atlantic states.
Tavaglione joined Levin in 2001 as controller and became assistant vice president in 2007. In 2016, he was elevated to deputy chief financial officer, and in 2017 rose to the position of vice president/CFO. Mercer, who joined LMC as controller in 2019, has played a critical role in overseeing departmental management and providing financial and operational oversight for key assignments – including The Paramount Building, a 33-story Times Square office tower.
“This is an exciting time at Levin Management,” said Matthew K. Harding, chief executive officer. “One of the key indicators of an organization’s strength is its ability to promote from within, and these well-deserved advancements capitalize on the breadth and depth of our seasoned managerial team. The changes taking place here also reflect our commitment to leadership continuity as we work to provide clients with the highest quality service and plan for our future.”
Carson joined LMC in 1992 as vice president of property management. He was promoted to executive vice president in 2006 before being named company president in 2019. Throughout his tenure, he has been integral in the firm’s day-to-day operations, overseeing coordination of new client properties and transitioning new management assignments to the Levin team.
“Bob’s leadership, dedication and tireless service over the last 30 years have been steady forces in helping to shape Levin Management into the company that it is today,” Harding said. “We are grateful for his immeasurable contributions and wish him well in his retirement.”
Highlighting the company’s recent success and growth, LMC completed a record 1.2 million square feet in leasing activity in 2021, with sustained volume through the first quarter of 2022. The firm has a notable pipeline of new business as well, including new retail leasing and management agencies as well as added office and industrial assignments.
For seven decades, LMC has served as a trusted single-source commercial real estate services provider for institutional and private owners. The company helps its clients operate properties and create case-specific solutions to protect and improve value; it has distinguished itself as a firm large enough to excel in assignments of any scale while continuing to employ a hands-on, proprietary approach in every facet of its business.
The firm offers leasing, property management, financial management and reporting, construction management and development, lease administration, marketing services, and acquisition and disposition consulting services. LMC’s capabilities continue to evolve with new technologies, efficiencies and sustainability-focused initiatives to serve a new generation of properties, investors and tenants.