Hilco Hire: Hilco Global tapped Mitch Friedel as executive director, retail development advisory and leasing in its real estate advisory practice, beefing up its expertise in the lifestyle and town center retail and mixed-use sectors. 

Friedel will work with “owners and developers seeking to strategically expand or reposition modern retail-driven environments,” Hilco said. 

“Mitch brings a history of successful outcomes for some of the most healthy and vibrant large-scale retail and mixed-use developments in numerous high-growth North American markets,” said Neil Aaronson, president of Hilco Global, Americas, and executive director of real estate advisory. 

Over the past 30 years, Friedel has spearheaded many high-profile projects, including the Time Warner Center in Manhattan, CityPlace in West Palm Beach and the $1 billion redevelopment of Disney Springs in Orlando. 

Friedel described Hilco as “an organization with significant retail experience and momentum, having developed a unique integrated platform offering professional services, principal investing, and capital solutions. My clients will welcome Hilco Global expertise in long-term asset value creation, which uniquely combines real estate acumen as an owner and services provider alongside a substantial capacity to infuse competitive capital solutions.”

Last year, Hilco became a subsidiary of Orix Corp. USA, a diversified financial services company. Backed up by Orix, Hilco is positioned to directly lend money to clients looking to grow their brick-and-mortar retail presence.