Latest news with #BrookfieldProperties
Yahoo
02-06-2025
- Business
- Yahoo
Chad Stout Joins Universal Parking as General Manager at New Houston Office
Stout, a parking industry veteran, will lead the company's expansion in the Houston-metro area ATLANTA, June 02, 2025--(BUSINESS WIRE)--Universal Parking, a leading innovator in the parking industry, today announced the hire of Chad Stout as general manager of the company's new Houston office. Stout brings nearly 30 years of parking industry experience to his role at Universal Parking and will oversee operations at the new Houston office, which is poised for growth. Stout began his career in the parking industry working as a valet in college before moving on to Brookfield Properties in Charlotte, N.C., where he managed more than 20 parking locations. He also previously held positions at Central Parking and Metropolis Parking in Houston. "I am honored to take on this new role for Universal Parking," said Stout. "Houston has been great to my family and me, and I look forward to growing the market here." Houston is an area with great growth potential for Universal Parking, as the parking landscape is more expansive than most cities. Parking facilities are centralized around the downtown area, with additional market opportunities around key locations such as the Galleria, Medical Center and Galveston. With the addition of special event parking, like the 2026 FIFA World Cup, there is no shortage of potential for expansion. Delivering innovative, full-service solutions, Universal Parking is revolutionizing the parking experience through best-in-industry customer service and technology-enabled services. It supports parking facility management, including operations, facility maintenance, equipment installation and support, customized accounting, auditing, and reporting. In addition, Universal Parking provides professional recruiting, staffing, and training for parking attendants, as well as design and functional review services, ensuring every aspect of a parking facility is optimized for performance and efficiency. "Houston is an exciting new market for Universal Parking," said Tim Walsh, President and CEO at Universal Parking. "Chad knows the complexities of the Houston market, and he is the right person to lead our expansion." To learn more about Universal Parking and the projects it supports, visit About Universal Parking Universal Parking provides tailored parking management services on behalf of property owners and asset managers. With a leadership team boasting over 175 years of combined experience, Universal Parking specializes in operating complex and diverse parking facilities while leveraging technology and customer-focused strategies to enhance the parking experience. View source version on Contacts Emily Rioserios@
Business Wire
02-06-2025
- Business
- Business Wire
Chad Stout Joins Universal Parking as General Manager at New Houston Office
ATLANTA--(BUSINESS WIRE)-- Universal Parking, a leading innovator in the parking industry, today announced the hire of Chad Stout as general manager of the company's new Houston office. Stout brings nearly 30 years of parking industry experience to his role at Universal Parking and will oversee operations at the new Houston office, which is poised for growth. Stout began his career in the parking industry working as a valet in college before moving on to Brookfield Properties in Charlotte, N.C., where he managed more than 20 parking locations. He also previously held positions at Central Parking and Metropolis Parking in Houston. 'I am honored to take on this new role for Universal Parking,' said Stout. 'Houston has been great to my family and me, and I look forward to growing the market here.' Houston is an area with great growth potential for Universal Parking, as the parking landscape is more expansive than most cities. Parking facilities are centralized around the downtown area, with additional market opportunities around key locations such as the Galleria, Medical Center and Galveston. With the addition of special event parking, like the 2026 FIFA World Cup, there is no shortage of potential for expansion. Delivering innovative, full-service solutions, Universal Parking is revolutionizing the parking experience through best-in-industry customer service and technology-enabled services. It supports parking facility management, including operations, facility maintenance, equipment installation and support, customized accounting, auditing, and reporting. In addition, Universal Parking provides professional recruiting, staffing, and training for parking attendants, as well as design and functional review services, ensuring every aspect of a parking facility is optimized for performance and efficiency. 'Houston is an exciting new market for Universal Parking,' said Tim Walsh, President and CEO at Universal Parking. 'Chad knows the complexities of the Houston market, and he is the right person to lead our expansion.' To learn more about Universal Parking and the projects it supports, visit Universal Parking provides tailored parking management services on behalf of property owners and asset managers. With a leadership team boasting over 175 years of combined experience, Universal Parking specializes in operating complex and diverse parking facilities while leveraging technology and customer-focused strategies to enhance the parking experience.
Yahoo
02-06-2025
- Business
- Yahoo
Chad Stout Joins Universal Parking as General Manager at New Houston Office
Stout, a parking industry veteran, will lead the company's expansion in the Houston-metro area ATLANTA, June 02, 2025--(BUSINESS WIRE)--Universal Parking, a leading innovator in the parking industry, today announced the hire of Chad Stout as general manager of the company's new Houston office. Stout brings nearly 30 years of parking industry experience to his role at Universal Parking and will oversee operations at the new Houston office, which is poised for growth. Stout began his career in the parking industry working as a valet in college before moving on to Brookfield Properties in Charlotte, N.C., where he managed more than 20 parking locations. He also previously held positions at Central Parking and Metropolis Parking in Houston. "I am honored to take on this new role for Universal Parking," said Stout. "Houston has been great to my family and me, and I look forward to growing the market here." Houston is an area with great growth potential for Universal Parking, as the parking landscape is more expansive than most cities. Parking facilities are centralized around the downtown area, with additional market opportunities around key locations such as the Galleria, Medical Center and Galveston. With the addition of special event parking, like the 2026 FIFA World Cup, there is no shortage of potential for expansion. Delivering innovative, full-service solutions, Universal Parking is revolutionizing the parking experience through best-in-industry customer service and technology-enabled services. It supports parking facility management, including operations, facility maintenance, equipment installation and support, customized accounting, auditing, and reporting. In addition, Universal Parking provides professional recruiting, staffing, and training for parking attendants, as well as design and functional review services, ensuring every aspect of a parking facility is optimized for performance and efficiency. "Houston is an exciting new market for Universal Parking," said Tim Walsh, President and CEO at Universal Parking. "Chad knows the complexities of the Houston market, and he is the right person to lead our expansion." To learn more about Universal Parking and the projects it supports, visit About Universal Parking Universal Parking provides tailored parking management services on behalf of property owners and asset managers. With a leadership team boasting over 175 years of combined experience, Universal Parking specializes in operating complex and diverse parking facilities while leveraging technology and customer-focused strategies to enhance the parking experience. View source version on Contacts Emily Rioserios@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20-05-2025
- Yahoo
K-9 who bit woman in incident at Mayfair Mall will be returning to work, mall's owner says
A Mayfair Mall security K-9 who bit a 19-year-old Milwaukee woman following a fight at the shopping center in late March will return to the mall amid a civil lawsuit against the mall, its owner, its security provider and the dog's handler. Lindsay Kahn, a spokesperson with Brookfield Properties, which owns Mayfair Mall, confirmed to the Milwaukee Journal Sentinel that Blue, the K-9 involved in the incident, is cleared to return to work May 21 after completing and passing requirements by the state and his Indiana training facility. "Following the unfortunate, isolated incident, Blue was immediately quarantined for two weeks at his training facility, Vohne Liche Kennels in Indiana," Brookfield Properties said in an emailed statement. "It has been unanimously concluded that Blue and his handler are prepared to serve at Mayfair Mall," the statement continued. "We are grateful to the authorities for their expertise, professionalism and leadership over the last two months." The woman who was bitten in the incident, Amirah Walls filed a civil lawsuit April 7 in Milwaukee County via her attorney B'Ivory LaMarr. The suit alleges that Mayfair Mall, its owner Brookfield Properties, security company Andy Frain Services and security K-9 handler Malcolm D. Ingram were negligent and failed to follow the proper reporting procedures after she was bitten by the dog. Neither Andy Frain Services nor Ingram could be reached for comment on May 20. LaMarr called the reinstatement of the dog "irresponsible and insulting to the community," in an emailed statement to the Journal Sentinel. "Rather than treating this incident with the seriousness it deserves, the mall failed to inform local authorities of the bite at the time of the incident, quickly opted to ship the dog out of state under the guise of an undisclosed 'test,' and declared the dog safe — all without transparency or independent oversight," LaMarr said. "My client is still healing, and yet the mall has made it clear that its image matters more than accountability," he said. LaMarr previously told the Journal Sentinel that he and his client filed the lawsuit sooner than usual after police reports showed Ingram was terminated less than 24 hours after the incident and the K-9 who bit Walls was moved out of state. LaMarr believes that indicates the company didn't do a proper investigation. It is not clear if Ingram is the handler who will return to the mall with Blue. According to police reports, Ingram told police that he was let go from Andy Frain Services following the incident. The Wauwatosa Police Department did not immediately respond to a reporter's request for comment. Brookfield Properties said in its statement that Mayfair Mall had been working closely over the last two months with Andy Frain Services, the security vendor, and the Wauwatosa Police Department to ensure that Blue is able to return to service. "Our canine program has been a vital part of our comprehensive security program that is an effective deterrent to crime and creating a safe environment for our shopping center community," the statement said. (This story was updated to add new information.) Contact reporter Bridget Fogarty at bfogarty@ This article originally appeared on Milwaukee Journal Sentinel: K-9 who bit woman at Mayfair Mall will return to work at the mall
Bloomberg
13-05-2025
- Business
- Bloomberg
Brookfield Revives $2.4 Billion Deal for Honolulu CRE Complex
Brookfield Properties has revived a $2.4 billion debt package to refinance the Ala Moana Center, a sprawling mall and office complex in Honolulu, about a month after it halted the deal amid tariff-induced market disruption. The commercial mortgage backed security is being split into five portions that carry ratings from AAA down to BBB-, according to a person with knowledge of the matter.
