Dune Real Estate Announces Promotions

Dune Real Estate Partners LP, a prominent New York-based real estate investment firm, announced four key promotions across its organization. These promotions highlight the firm’s ongoing commitment to fostering talent and rewarding excellence within its team.

The newly promoted individuals are:

  • Kaitlin Siehs, promoted from Vice President – Treasury & Operations to Director – Treasury & Operations on the Finance and Accounting Team.
  • Alla Chertkova, promoted from Fund Controller to Vice President on the Finance and Accounting Team.
  • Jack Foley, promoted from Associate to Vice President on the Investment Team.
  • Adam Mengden, promoted from Associate to Vice President on the Investment Team.

These advancements reflect the significant contributions made by each individual in driving Dune Real Estate success.

“We congratulate our teammates on their well-deserved promotions, which reflect both their individual achievements and their collective impact on Dune Real Estate success,” said Cia Buckley Marakovits, President of Dune. “We look forward to their continued contributions in these expanded roles and remain focused on fostering talent and driving Dune’s growth through our opportunistic investment strategy.”

Team Biographies

Kaitlin Siehs, Director – Treasury & Operations
Ms. Siehs has been with Dune since 2011 and has played a crucial role in overseeing Dune’s treasury and cash management, as well as its performance measurement and reporting processes. Her experience has helped streamline these key operations, contributing to the firm’s strong financial infrastructure. Ms. Siehs holds a B.A. in Business/Economics from Skidmore College.

Alla Chertkova, Vice President – Finance & Accounting
Ms. Chertkova joined Dune in 2010 and has been an essential part of the finance team, focusing on the review and reconciliation of financial and capital statement reporting for various Dune Real Estate Funds. Before her tenure at Dune, she worked as a senior associate at State Street, handling financial reporting and accounting for private equity real estate funds. She also served as a senior accountant at Fortress Investment Group, where she managed private equity funds with investments in German real estate. Ms. Chertkova earned her B.B.A. in Accounting from Baruch College.

Jack Foley, Vice President
Mr. Foley is responsible for evaluating, underwriting, and leading the due diligence process for new investment opportunities. He also contributes to executing business plans and strategies for value creation within Dune’s current investments. Before joining Dune in 2021, Mr. Foley worked at Wells Fargo’s Real Estate Syndicated Finance Group, focusing on the origination and distribution of structured debt products for real estate companies. He graduated with a B.S. in Finance from Wake Forest University.

Adam Mengden, Vice President
Like Mr. Foley, Mr. Mengden plays a crucial role in evaluating, underwriting, and conducting due diligence for new investment opportunities. He also helps implement value creation strategies for Dune’s ongoing projects. Prior to joining Dune in 2021, Mr. Mengden worked as an analyst at Bank of America Merrill Lynch’s Real Estate, Gaming, and Lodging group, where he supported various high-profile real estate transactions, including M&A deals, IPOs, and acquisitions. Mr. Mengden holds a B.S. in Finance from Penn State University.

About Dune Real Estate Partners

Dune Real Estate Partners is a renowned real estate investment firm based in New York City, specializing in high-yield real estate equity investments that arise from capital market dislocation, primarily within the United States. Dune manages the Dune Real Estate Funds, which are led by Daniel M. Neidich and Cia Buckley Marakovits. The firm has raised more than $4 billion in equity capital to date and invests on behalf of high-net-worth individuals, pension funds, sovereign wealth funds, endowments, and other large institutions.

With its focus on opportunistic investment strategies, Dune continues to solidify its position as a leading player in the real estate investment sector. The company’s success is attributed to its experienced team, its forward-thinking investment strategy, and its ability to identify lucrative opportunities in both strong and dislocated markets. Through its strategic leadership and talented team members, Dune is well-positioned to continue delivering value to its investors while further expanding its footprint in the real estate industry.

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