{"id":1004333255,"date":"2019-06-25T11:35:15","date_gmt":"2019-06-25T19:35:15","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004333255"},"modified":"2022-12-07T23:30:32","modified_gmt":"2022-12-08T07:30:32","slug":"cpes-stars-to-watch-2019-never-bored-with-real-estate","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cpes-stars-to-watch-2019-never-bored-with-real-estate\/","title":{"rendered":"CPE\u2019s Stars to Watch 2019: Never Bored With Real Estate"},"content":{"rendered":"<h2><strong>Sarah Harmeling, 32<\/strong><\/h2>\n<p><strong>Director of Portfolio Management\/North Region, Phillips Edison &amp; Company<\/strong><\/p>\n<div id=\"attachment_1004333258\" style=\"width: 410px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/SarahHarmeling.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004333258\" data-attachment-id=\"1004333258\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/cpes-stars-to-watch-2019-never-bored-with-real-estate\/sarahharmeling\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/SarahHarmeling.jpg\" data-orig-size=\"1000,750\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;DOUG BAKER&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"SarahHarmeling\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Sarah Harmeling is responsible for more than 80 retail properties, which keeps her engaged and interested in her job. Image courtesy of Phillips Edison &#038; Company.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/SarahHarmeling.jpg?w=1000\" class=\"wp-image-1004333258\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/SarahHarmeling.jpg\" alt=\"Sarah Harmeling is responsible for more than 80 retail properties, which keeps her engaged and interested in her job. Image courtesy of Phillips Edison &amp; Company.\" width=\"400\" height=\"300\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/SarahHarmeling.jpg 1000w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/SarahHarmeling.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/SarahHarmeling.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/><\/a><p id=\"caption-attachment-1004333258\" class=\"wp-caption-text\">Sarah Harmeling is responsible for more than 80 retail properties, which keeps her engaged and interested in her job. <em>Image courtesy of Phillips Edison &amp; Company<\/em><\/p><\/div>\n<p>In 2018, Sarah Harmeling was part of Phillips Edison\u2019s successful internal acquisition of Phillips Edison Grocery Center REIT II, a 100 percent stock-for-stock transaction that created a $6.3 billion REIT focused exclusively on grocery-anchored shopping centers. A year before that, she led the successful negotiations of 45 property-level debt consents, including 10 full loan assumptions, with numerous lenders and servicers. The effort was essential to Phillips Edison Grocery Center REIT I\u2019s acquisition of the real estate and asset management business from Phillips Edison L.P.<\/p>\n<p>Harmeling knew she wanted to be in the industry ever since she was young, so she studied real estate and finance at the University of Cincinnati, and the field \u201cfits like a glove,\u201d she said.<\/p>\n<p>She got her start as a mortgage analyst at Ohio National Life Insurance Co. \u201cAt first, I didn\u2019t know how a life insurance company was involved in real estate,\u201d she said. \u201cI didn\u2019t make the connection at the time. Jumping in there was great to learn. This helped me decide that I wanted to work for an owner or an operator of some kind\u2014just to get more hands-on.\u201d<\/p>\n<div id=\"attachment_1004333261\" style=\"width: 410px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/TerryBurian.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004333261\" data-attachment-id=\"1004333261\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/cpes-stars-to-watch-2019-never-bored-with-real-estate\/terryburian\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/TerryBurian.jpg\" data-orig-size=\"1000,750\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"TerryBurian\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;erry Burian, Phillips Edison Company\u2019s vice president, values Sarah\u2019s upbeat attitude and work ethic. Image courtesy of Phillips Edison &#038; Company.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/TerryBurian.jpg?w=1000\" class=\"wp-image-1004333261\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/TerryBurian.jpg\" alt=\"erry Burian, Phillips Edison Company\u2019s vice president, values Sarah\u2019s upbeat attitude and work ethic. Image courtesy of Phillips Edison &amp; Company.\" width=\"400\" height=\"300\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/TerryBurian.jpg 1000w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/TerryBurian.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/TerryBurian.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/><\/a><p id=\"caption-attachment-1004333261\" class=\"wp-caption-text\">Terry Burian, Phillips Edison Company\u2019s vice president, values Sarah\u2019s upbeat attitude and work ethic. <em>Image courtesy of Phillips Edison &amp; Company<\/em><\/p><\/div>\n<p>Harmeling joined Phillips Edison in 2013 and worked for the company\u2019s transactions division. There, she handled a new deal every month, and after closing, her colleagues would take over, which made her miss out on how a property grew and bloomed. \u201cWhen I transitioned to our asset management group (in 2017), those properties became my responsibility,\u201d she said. Phillips Edison owns 82 grocery-anchored shopping centers in the north region. \u201cI joke and I refer to them as \u2018my children.\u2019 I need to know what is happening with them at all times, making sure we make the right decisions to keep them going.\u201d<\/p>\n<p>Harmeling named Stephen Bien, Phillips Edison &amp; Co.\u2019s vice president of transactions, as one of the figures that has mentored her through his candid feedback and guidance. \u201cSometimes, I get a little overwhelmed trying to raise my hand for everything, and he has been very good in helping narrow down that focus and put my time and energy into specific projects instead of spreading myself too thin,\u201d Harmeling explained.<\/p>\n<p><strong>What She Finds Attractive About Real Estate: <\/strong>\u201cI hate being bored and I don\u2019t like to be stuck in one thing. It goes hand in hand with my personality, which is why I\u2019ve always liked it.\u201d<strong><br \/>\n<\/strong><\/p>\n<p><strong>If She Wouldn\u2019t Be in Real Estate, She Would Be \u2026&nbsp;<\/strong>in the tourism industry. She started traveling as a child and has ticked off 38 out of the 50 states. \u201cMaybe a tour guide or travel agent. I love planning trips and traveling. This has always been a passion of mine,\u201d she said.<\/p>\n<p><strong>What Others Say About Her:<\/strong> \u201cShe is a driven professional with an upbeat attitude and strong leadership skills. Her creativity, organization, work ethic and willingness to listen and adapt to feedback will take her far as she continues to grow in her career,\u201d said Terry Burian, vice president &amp; assistant general counsel, Phillips Edison &amp; Company.<\/p>\n<p><a href=\"https:\/\/mydigitalpublication.com\/publication\/?i=598470&amp;ver=html5\">Meet the rest of <em>CPE&#8217;s Stars to Watch for 2019<\/em>\u2014commercial real estate&#8217;s top young talent.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In 2018, Sarah Harmeling was part of Phillips Edison\u2019s successful internal acquisition of Phillips Edison Grocery Center REIT II, a 100 percent stock-for-stock transaction, which created a $6.3 billion REIT focused exclusively on grocery-anchored shopping centers.<\/p>\n","protected":false},"author":236,"featured_media":1004333258,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21809],"tags":[46082,33063],"class_list":["post-1004333255","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-not-endorsed","tag-cpes-stars-to-watch","tag-phillips-edison-company"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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