Michael Daly Joins Jonathan Rose Companies as COO
- Mar 31, 2014
New York—Jonathan Rose Companies LLC, a green real estate development, investment and project management firm, has named Michael Daly chief operating officer of the firm. In this capacity he will manage the company’s operations, and the expansion and diversification of the Jonathan Rose Companies’ nationwide portfolio.
Most recently, as president of Forest City Enterprises’ affiliate Mesa del Sol, Daly was responsible for the overall master plan and development for a 9,000-acre, new urbanism mixed-use project in Albuquerque, NM that will ultimately include 38,000 homes and 18 million square feet of commercial development. Prior to that, he founded Sterling Glen Communities, a joint venture with Forest City Enterprises created to develop, own and manage luxury senior housing. At completion, the portfolio included 11 buildings, over 1,200 residents and employed more than 800 people. Ultimately, the company was sold to Lazard Feres (Atria Senior Living). Daly started his real estate career working at Forest City Ratner Companies, where he responsible for leasing and development of the firm’s commercial properties in Brooklyn and Manhattan.