Fairmount Properties is a real estate development firm that specializes in creating vibrant, mixed-use communities. The company focuses on urban infill and campus-edge development projects, aiming to enhance the vitality of city districts and university campuses through thoughtful planning and design.

Fairmount Properties

Since 1998, Fairmount Properties has grown to be a well-respected industry leader across multiple real estate platforms — from college campuses to city centers. Here at Fairmount Properties, we recognize that trust is the bedrock upon which a successful partnership is built, and work hard to cultivate it within all of our business relationships. As the majority of our developments are created within the context of public-private partnerships, we recognize the importance of transparency, thoughtful collaboration and community stewardship.

Rebecca Molyneaux PROMOTED TO EXECUTIVE VICE PRESIDENT AND GENERAL COUNSEL

Molyneaux is an Accomplished Leader with a Proven Track Record in Commercial Real Estate
 
Fairmount Properties, a leading national developer based in Northeast Ohio, is proud to promote one of the industry’s leading real estate and legal professionals, Rebecca Molyneaux, to Executive Vice President and General Counsel. 
 
Molyneaux is a real estate executive with over 15 years of experience both as a developer and corporate/real estate counsel. Molyneaux began her real estate career as outside legal counsel to real estate firms and corporations. She then worked in-house as legal counsel for a developer of retail, mixed-use and multi-family projects with an additional focus on financing. That work included overseeing specific properties from development to operations. For the seven years prior to joining Fairmount, Molyneaux was the lead developer for Class A retail, mixed-use, multi-family and student housing developments, including the $90M Beacon project, the first high rise in Cleveland’s Central Business District in more than 30 years. Molyneaux is skilled at closing complex real estate transactions and overseeing complicated projects from concept to completion.
 
Starting in 2020 as Vice President and General Counsel, Molyneaux is responsible for overseeing all legal aspects of Fairmount Properties, including new development and existing assets within the company’s portfolio. In her new role, Molyneaux joins Fairmount’s Executive Team, where she will also play a leadership role in implementing Fairmount Properties mission and strategic goals. 
 
“Rebecca is a remarkably talented professional, with the exact type of demeanor and steady hand you need to navigate and transact the very complex, P3 initiatives we undertake. She is a highly respected leader, universally well liked and has added so much to our organization in the past two years. I look forward to working alongside Rebecca as we continue to scale our organization” said Randy Ruttenberg, Fairmount Properties Principal. 

A native of Shaker Heights, Molyneaux is a graduate of Syracuse University and Syracuse University College of Law. Molyneaux has been active in both the Cleveland Heights and Orange School Systems, as well as a large supporter of both St. Baldrick’s and The Michael J. Fox Foundation.

“It is an honor to enhance my position with the Fairmount Properties team of dedicated, highly talented individuals, who have a demonstrated commitment to overall excellence,” said Molyneaux.

#legal #business #commercialrealestate #realestate #experience #work #retail #development #developer #projects #university #law #housing #leader #team #leadership #career #project #school #corporations

Kevin Kessinger JOINS Fairmount Properties AS EXECUTIVE VICE PRESIDENT

Mr. Kessinger is a Creative, Accomplished Leader with a Proven Track Record in Commercial Real Estate
 
Fairmount Properties, a leading developer based in Northeast Ohio, is proud to welcome one of the industry’s leading real estate and finance professionals, Kevin Kessinger, as Executive Vice President. Mr. Kessinger will play a leadership role in fulfilling Fairmount’s robust development pipeline, with a particular emphasis on joint venture and capital market strategies and accessing equity markets aligned with the company’s growing “eds, meds, and innovation” platform.
 
For the past 20 years, Mr. Kessinger has served in highly strategic, influential roles at globally recognized, best-in-class organizations and held many senior and executive leadership positions. Mr. Kessinger was Senior Vice President of Funds Management at DDR Corp. (now SITE Centers), prior to joining ShopCore Properties (a Blackstone portfolio company) in 2015 as Executive Vice President. At ShopCore, he led the organization through multiple transitions, while overseeing all transactions, asset management, property management, legal, marketing, and sustainability functions. As a member of the company’s Executive Committee, he was directly accountable for the financial performance of the portfolio. 
 
“Kevin is a remarkably talented professional, and as we celebrate Fairmount’s 25th anniversary, we could not be more excited to continue to grow our portfolio with his strategic leadership,” said Adam Fishman, Fairmount Properties Principal. 
 
Active in the community, Mr. Kessinger was a co-founder, and later served as a board member, for CoreGiving, a 501(c)3 organization dedicated to eliminating child hunger by providing nourishing meals to children and families, through partnerships with food banks and other hunger-relief organizations across the U.S. Mr. Kessinger’s work established and advanced strategies to expand the impact and reach of the charity, and in just its fifth year since inception, CoreGiving last year alone supported 67 hunger-relief organizations in 22 U.S. states and territories, both financially and through thousands of hours volunteered.
 
“It is an honor to join the Fairmount Properties team of dedicated, highly talented individuals, who have a demonstrated commitment to overall excellence and (so very important to me, personally) to the communities in which their projects are located. The company’s eds, meds, and innovation platform sets it apart and elevates the mixed-use asset class, and I look forward to helping Fairmount Properties meaningfully and immediately capitalize on those opportunities,” said Mr. Kessinger.
 
 #commercialrealestate #leadership #team #innovation #realestate #legal #community #management #development #finance

SOZO is an approachable luxury brand that designs and produces elevated classics made locally in a 2,200 square foot store at Pinecrest, our award-winning mixed-use development. SOZO is the first store of its kind offering a “farm to table” concept to the apparel industry. They pull back the curtain between production processes and consumers. Check out the concept with FOX 8 News Cleveland's Kenny Crumpton with Kickin’ It with Kenny.

https://lnkd.in/gmvTxVMX

Fairmount Properties is proud to welcome the addition of one of the nation’s leading health care innovators, Steven Standley, as Director of Healthcare. Standley will play a leadership role in Fairmount’s growing Eds, Meds, and Innovation platform. 

“Steve is a remarkably talented professional but more so, widely recognized as just a wonderful person. He is kind, giving, and always wanting others around him to succeed. In his role at UH, Steve led several initiatives which have had sustainable economic, educational, and societal impacts in many of the neighborhoods in which their institutions were located. Most notable is the Evergreen Cooperatives which leveraged the everyday laundry needs of a variety of University Circle institutions creating opportunities for training, a living wage and ownership in a business that continues to thrive 13 years later. As we, along with a growing number of our partner institutions and investors prioritize social impact, Steve’s experience will help us continue to give back in more innovative and meaningful ways. As we approach Fairmount’s 25th anniversary, we could not be more excited to continue to grow this part of our platform under Steve’s leadership,” said Randy Ruttenberg, Fairmount Properties Principal. 

“I am so excited and honored to join the Fairmount Properties team of dedicated, highly talented individuals, who have a demonstrated commitment to excellence and the communities in which each of their projects are located. The opportunity to assist major Universities and Health Systems with integrated multi-use development projects, represents a powerful tool to extend their mission(s) to the community and their stakeholders,” said Standley.

Read Standley's bio here: https://lnkd.in/gp7Mzfkq

Cleveland Clinic is dedicated to investing in their community and we’re happy to partner with them, as well as the City of Cleveland, Meijer, and Fairfax Renaissance Development Corporation to create Meijer + Medley.

https://lnkd.in/gJ76f6YX

#clevelandclinic #apartmentdevelopment #development

Ball State University Board of Trustees has unanimously selected Fairmount Properties to advance a comprehensive revitalization plan for The Village, a several block district adjacent to its main campus and Ball Memorial Hospital. Fairmount Properties is honored to have been selected from a national search to develop this $100 million mixed-use development that will include Ball States new Performing Arts center, a hotel, a Barnes & Noble, Inc. bookstore and retail, restaurant, innovation, and residential space. 

https://lnkd.in/gyFb98GQ

#ballstateuniversity #commercialdistrict #residentialspace

Our mixed-used district, Pinecrest, is helping grant wishes this holiday season at their WishingTree - the only interactive holiday tree of its kind in the Tri-State area. With donations going to The Help Group or The Cleveland APL, by donating $1 or more you activate the Wishing Tree light show. 

#holidaydecor #donations #christmastree

Happy 2-year work-a-versary to our Vice President, General Counsel Rebecca Molyneaux. Rebecca is responsible for overseeing all legal aspects of Fairmount Properties, including new development and existing assets within the company’s portfolio.  

#workanniversary #generalcounsel #fairmountproperties

"For the Fairmount Properties holiday party this year, we rented out Silverspot Cinema at Pinecrest to share the We Are Marshall story with several of our Fairmount colleagues. We enjoyed dinner beforehand, followed by the movie and additional discussion thereafter. There was, of course, a wide range of emotions but the incredible inspiration felt by all for how this team, school and community endured and rose up will be indelibly inked within our hearts. We didn’t think it possible to be more honored to be a part of Huntington and Marshall University community but, we are. We Are!!

In honor of those who were touched by this event, the 4th Avenue District will include a yet to be designed memorial, within one of the outdoor public gathering areas, donated by our team, to be shared with those who will work, live, and recreate within this district for generations." -Randy Ruttenberg

Construction is progressing at the Meijer Market and Medley at the Cleveland Clinic, our newest apartment offering opening for Match Day, 2023. Fairmount Properties is excited to bring this portion of the Innovation District to life!

Fairfax Renaissance Development Corporation Bialosky Cleveland

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