31 January 2010
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“I am happy to join Storm Properties that I’ve heard a lot about on the market. I know the founder of the company Michael Belton as top professional, excellent manager and reliable partner. I will do my best to earn trust of the team and to take Storm Properties to the new development level applying my knowledge and experience. I am confident that Storm will achieve even more success,” – said Mikhail Kurnev.
Prior to joining Storm Properties Mr. Kurnev worked in Zimco Capital LLC as Managing Partner where he raised capital from private investors, deployed capital in distressed projects in New York and Moscow.
From 2003 to 2009 Mr. Kurnev worked in Coalco New York where he held the President position. He was involved in development of multiple residential and mixed-use projects in New York City totaling over 500,000 sq.m. Mr. Kurnev co-managed acquisitions, financing, design, construction and marketing of a number of Manhattan developments.
“We are glad that Mikhail accepted an offer to work in Storm Properties. He is a strong real estate and investment professional. Market is heating up and we are excited about the upcoming opportunities in the Moscow and Moscow region development market,” – commented Michael Belton, President of Storm Properties.
Storm Properties is focuses on commercial real estate developments. Currently we are actively working on K2 Business Park marketing. Other projects are in the various phases of development. We executed the business terms for another development and negotiating on some other projects. More detailed information will be released by the end of Q1 2011.
Storm Properties is one of the leading real estate developers in Moscow providing the full range of real estate development, investment and asset management services. Our core team has worked together for the past 8 years and has over 50 years’ commercial real estate experience in total. We have successfully overseen the development of over 800,000 sq m of property across various classes and have won a number of prestigious real estate industry awards. Our experience of successfully developed projects is best-in-class: from shopping centers to residential developments, office blocks to business parks.
Storm Properties is the first Russian developer certified in accordance with the international standard for quality management systems ISO 9001:2008.