Sherri Cuda Named Magellan Development Director of Leasing

Chicago—Magellan Development Group Chief Marketing Officer, Robin Loewenberg Tebbe, has promoted Sherri Cuda, to director of leasing.  The scope of Cuda’s responsibilities include overseeing the pricing, performance and leasing operations of the Magellan residential rental portfolio, namely Lakeshore East, the 28-acre, $4 billion mixed-use neighborhood in downtown Chicago. Cuda will also oversee the leasing operation of the newest high-rise development in Minneapolis, LPM Apartments, comprised of 354 residences and groundbreaking amenities. With upcoming Magellan projects in Chicago, Miami, Nashville and Austin, Cuda will utilize her experience leading teams while conceptualizing and executing leasing strategies to gain national market share.

Previously Cuda held the position of property manager and leasing manager for Magellan affiliate NNP Residential, which leases and manages high-rise residential communities. She was most recently responsible for managing the $1.2M operating budget, as well as the leasing, retention, maintenance and personnel goals of the investment property, The Tides at Lakeshore East. “With perspective from both a sales and operational background, Sherri has a unique ability to make dynamic, innovative and smart business decisions,” stated Robin Loewenberg Tebbe, chief marketing office of Magellan Development Group and President of Magellan Property Management.