Signet LLC, an Akron, Ohio-based private equity investment firm, has hired Michael Mandela as president of Signet Real Estate Group’s Property Management Division.
Mandela brings extensive expertise in property management, financial services, brokerage, development and project management.
Mandela will provide strategic and operational oversight for all Signet property management activities, including the development and implementation of corporate strategy, management of business operations, strategic partnership management, sales and marketing, staffing and capital planning.
Previously, Mandela served as senior director of development and leasing for The Coral Company, where he provided executive leadership and oversight to all operational and financial aspects of a diverse, investment-grade mixed-use portfolio. Additionally, Mandela oversaw a wide range of development, new construction and renovation projects within both the residential and commercial sectors.
Mandela is also a licensed real estate broker in the state of Ohio with experience in all facets of transactional real estate including valuation, acquisitions, dispositions, financing, title, leasing and sales.
Mandela succeeds Alan Gribble, who was Signet Real Estate Group’s first Property Management Division hire and president for more than 18 years. Gribble has continued to serve Signet in a consultative capacity, allowing for a smooth transition for Mandela.