News: Owners Developers & Managers

Tonks named president and chief operating officer at The Kane Company

Brett Tonks

Portsmouth, NH The Kane Company (Kane), a privately-owned real estate investment and development firm, has appointed Brett Tonks as president and chief operating officer, effective immediately.

The newly established role will drive the company’s long-term strategy to expand its position as one of northern New England’s largest commercial real estate investors and developers. Since celebrating its 40th anniversary in 2021, the company is forging its path into the next decade building on the region’s economic and population surge. Kane’s long-standing approach of enhancing the communities in which it operates by investing in spaces that add value to tenants is a core principle that will guide its expansion.

“We are focused on expanding our organization’s core competencies to deepen our relationships in the Seacoast and continue our growth throughout the northeastern U.S.,” said Michael Kane, CEO of Kane. “Brett delivers a robust executive background, proven track record, and a vast network critical to streamlining operations and executing our strategic development plan. We are excited to benefit from his transformational leadership and vision to build on our success.”

“Kane is an established leader in this unique and dynamic market,” said Tonks, “I look forward to honoring Kane’s legacy of hands-on, thoughtful investment while scaling our operating organization, deepening investor relationships, and accelerating the company’s growth.”

Tonks brings over 20 years of executive leadership to Kane, including investment and management positions with Colony Capital, Colony Realty Partners, TIAA-CREF, and Eastern Bank.

MORE FROM Owners Developers & Managers

Elm Grove Companies breaks ground on $20 million - The Rapids On Cocheco

Rochester, NH Real estate development firm, Elm Grove Companies, has started construction of The Rapids On Cocheco, an approved 52-unit workforce housing community at 29 Wadleigh Rd. This will be the company’s ninth venture in the affordable housing arena with other affordable properties in the state totaling 430 apartments
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Selecting the right façade installation firm - by Steven Powell

Selecting the right façade installation firm - by Steven Powell

As the owner of a major new property being developed, or an existing large building preparing for major renovation, you want your design and construction team to have the right experience, capabilities, and expertise to match the project demands. A critical member of this team will be the façade installation specialty firm, since the quality of this installation will impact
Recently passed legislation creates opportunities to meet CT’s changing energy needs - by Klein and Feinn

Recently passed legislation creates opportunities to meet CT’s changing energy needs - by Klein and Feinn

For decades, New England has had a summer-peaking power system, where the greatest energy use occurs on the hottest and most humid days, due to widespread use of air conditioning. But by the mid-2030s, electrification of the heating sector likely will result in a winter peak that’s higher than the summer peak.
IREM President’s Message: Fostering community connections during the holiday season

IREM President’s Message: Fostering community connections during the holiday season

The holidays are again taking center stage, and with them comes an opportunity for multifamily communities to connect with the businesses and organizations in their cities and towns, fostering a sense of unity and generosity during this giving season