Three Dallas-Fort Worth Firms Add New Execs

DALLAS-CF Jordan LP, headquartered in El Paso, has bid and won a key executive from the Dallas-Fort Worth construction ranks as it works on plans for more North Texas business. CB Richard Ellis and Hall Financial Group also add to their ranks.

Jim Hemsworth is CF Jordan’s first business development director for the commercial group, leaving Rogers-O’Brien Construction Co. in Dallas after 18 years as vice president of business development. Hemsworth tells GlobeSt.com that he will be hiring a marketing coordinator and another estimator for the initial play for the CF Jordan image boost.

“I have 25 years of relationships in Dallas-Fort Worth. That’s what I took with me,” Hemsworth says of the move. In essence, Jordan was looking for someone to help boost its North Texas business and Hemsworth was looking for a new challenge in his profession. The split from Rogers-O’Brien was amicable, Hemsworth emphasizes.

Hemsworth’s business-building goal includes developing innovative solutions for clients. In North Texas, the general contractor does about $50 million annually, but Hemsworth says that easily could go to almost $100 million in three or four years. The plan, for now, is to hit the streets this week, using old relationships to build new business for CF Jordan.

Hemsworth’s relationships are mortared, in part, in civic board roles. He’s a member of the Greater Dallas Planning Council, Business Advisory Committee for the DFW Minority Business Development Council and past president of the Dallas Area Economic Development Association.

In other DFW changes, CB Richard Ellis has snagged Larry Blankenship as a managing director and Nancye L. Abbott as an asset services director.

“These two outstanding executives combine their talents to create a great team for our market,” Richard Pogue, CBRE senior managing director in Dallas, said in a press release.

Blankenship was part of Grubb & Ellis Co.’s Dallas team, where he was tasked with oversight of project/agency leasing assignments, client relations and business development. The 16-year professional was a top producer in 1998, 1999 and 2000, earning awards for “Excellence in Asset Management” from the corporation.

Abbott was central region operations manager for Archon Group LP in Irving. Her background also includes a senior vice president for Greystar Capital Partners in Houston and positions with Phoenix Realty Advisors in Atlanta, GE Capital and Travelers Realty Investment Co.

Hall Financial Group has added Mark LaCourse as senior vice president for the structured real estate finance group. He worked for 16 years for GE Capital Corp., most recently serving as vice president and investment manager for risk management and portfolio acquisitions. He also was manager of closing and integration for RBC Builder Finance, a Houston-based subsidiary of the Royal Bank of Canada.

Donald Braun, Hall Financial Group president, said LaCourse’s background was tailored for what the team was looking for–”an individual with extensive background analyzing and negotiating complex real estate transactions.