First National Realty Partners (FNRP), a Red Bank, New Jersey-headquartered private equity commercial real estate firm, has hired Stuart Brackenridge as vice president of acquisitions.
In his new job, Brackenridge will be responsible for sourcing, evaluating and acquiring best-in-class retail assets. The company stated that Brackenridge’s expertise in grocery-anchored shopping centers will help execute its national acquisition strategy.
Prior to FNRP, Brackenridge served as managing director of investments at Newport Capital Partners where he was responsible for sourcing, underwriting, and structuring investment transactions. Earlier in his career, he held senior roles at Crow Holdings, Westwood Financial, and Regency Centers.
“We are thrilled to welcome Stuart to our team,” said Mike Hazinski, chief investment officer at FNRP. “His deep knowledge and expertise perfectly aligns with our investment thesis of acquiring necessity-based assets that can deliver superior risk-adjusted returns for our investors.”