SG Blocks Elects Finance and Real Estate Industry Veteran Maggie Coleman to its Board of Directors
July 31 2020 - 8:30AM
Business Wire
SG Blocks, Inc. (NASDAQ: SGBX), a leading
designer, innovator and fabricator of container-based structures,
today announced the election of Maggie Coleman, as one of four
nominees elected to serve on its Board of Directors, at the
company’s annual meeting of stockholders held on July 30, 2020.
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SG Blocks Elects Finance and Real Estate
Industry Veteran Maggie Coleman to its Board of Directors (Photo:
Business Wire)
“I am truly pleased to announce the addition of Ms. Coleman to
our board of directors,” said Paul Galvin, Chairman and CEO of SG
Blocks. “Maggie has an extensive background in finance and real
estate, and demonstrated leadership in large, global organizations.
We believe she will be an incredible value to our company as we
continue our efforts to expand our sustainable construction
business and aggressively pursue opportunities in the rollout of
turnkey COVID-19 testing facilities worldwide. Maggie has spent
decades deploying global capital in the real estate sector and has
worked with many extremely knowledgeable leaders to develop a
massive network of industry relationships. We look forward to
benefiting from the knowledge and experience she has attained
through her global capital finance activities as we implement our
business plan.”
Maggie Coleman is a Senior Managing Director and Co-Head of
International Capital, Americas at Jones Lang LaSalle Incorporated
(NYSE: JLL), a Fortune 500 company, a position she has held since
January 2020. In this role, Ms. Coleman leads a team that is
primarily focused on cross-border capital deployment from global
investors across Canada, EMEA and Asia Pacific. Ms. Coleman is
responsible for placing capital from international investors into
JLL’s direct transactions, structuring recapitalizations and joint
ventures, while also helping offshore capital acquire and finance
JLL’s global investment portfolios and large single asset
sales.
Ms. Coleman has been involved in over $20 billion in
transactions and has directed the JLL platform that has executed
over $53 billion in transactions since 2011, including over $10
billion in loan sales in the US, Europe and Asia. Further, Ms.
Coleman is responsible for business development, client management
and the execution of global transactions and is a frequent speaker
on global capital flows in the real estate sector. Ms. Coleman also
served in various other positions at JLL including as Executive
Vice President at JLL from 2013-2019 and Managing Director for,
2016-2019.
Prior to its merger with JLL in 2008, Ms. Coleman worked as a
Director within the M&A Advisory Services group of Staubach
Capital Markets specializing in real estate structured financial
solutions and investment banking.
Ms. Coleman is a council member of the Urban
Development/Mixed-Use Council (UDMUC) at the Urban Land Institute.
Commercial Property Executive named Ms. Coleman as a recipient of
the “Rising Leader Award” for 2012. In 2012, Ms. Coleman also
received the Catalyst Award from JLL for her achievements in team
management. Ms. Coleman is affiliated with the Guild Board of the
Boys & Girls Clubs of Chicago and is a member of the Board of
Directors of the Jackson Chance Foundation.
Ms. Coleman earned a master’s degree from the University of
Chicago in Political Economy and a bachelor’s degree in business
economics & public policy (BEPP) and international business
from Indiana University’s Kelley School of Business.
About SG Blocks, Inc.
SG Blocks, Inc. is a premier innovator in advancing and
promoting the use of code-engineered cargo shipping containers for
safe and sustainable construction. The firm offers a product that
exceeds many standard building code requirements, and also supports
developers, architects, builders and owners in achieving greener
construction, faster execution, and stronger buildings of higher
value. Each project starts with GreenSteel™, the structural core
and shell of an SG Blocks building, and then customized to client
specifications. For more information, visit
www.sgblocks.com.
Forward-Looking Statements
Certain statements in this press release constitute
"forward-looking statements" within the meaning of the federal
securities laws. Words such as "may," "might," "will," "should,"
"believe," "expect," "anticipate," "estimate," "continue,"
"predict," "forecast," "project," "plan," "intend" or similar
expressions, or statements regarding intent, belief, or current
expectations, are forward-looking statements. These forward-looking
statements are based upon current estimates and assumptions and
include statements regarding the expected contribution of Ms.
Coleman. While SG Blocks believes these forward-looking statements
are reasonable, undue reliance should not be placed on any such
forward-looking statements, which are based on information
available to us on the date of this release. These forward-looking
statements are subject to various risks and uncertainties, many of
which are difficult to predict that could cause actual results to
differ materially from current expectations and assumptions from
those set forth or implied by any forward-looking statements.
Important factors that could cause actual results to differ
materially from current expectations include, among others, the
contribution of Ms. Coleman, the Company’s ability to position
itself for future profitability, the Company’s ability to maintain
compliance with the NASDAQ listing requirements, and the other
factors discussed in the Company’s Annual Report on Form 10-K for
the year ended December 31, 2019 and the Company’s subsequent
filings with the SEC, including subsequent periodic reports on
Forms 10-Q and 8-K. The information in this release is provided
only as of the date of this release, and the Company undertakes no
obligation to update any forward-looking statements contained in
this release on account of new information, future events, or
otherwise, except as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20200731005102/en/
Media Rubenstein Public Relations Christina Levin Account
Director 212-805-3029 clevin@rubensteinpr.com
or
Investor Relations James Carbonara Hayden IR (646) 755-7412
james@haydenir.com
Brett Maas Hayden IR (646) 536-7331
brett@haydenir.com
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