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People - SEPTEMBER 23, 2019

Sentinel Real Estate Group and Paragon Construction Consulting merge together

by Released

Sentinel Real Estate Group, an Irvine, California-based commercial real estate development company, has announced a merger with Paragon International to form a new company, CREDE (Commercial Real Estate Development Enterprises).

The company also announced the addition of commercial real estate veteran Rob Cord as president of CREDE’s asset & property management division.

Key executives at CREDE include Colby Durnin, CEO, and formerly the CEO of Sentinel, which he founded in 2001. Over the last 18 years, he has lead Sentinel in the development or redevelopment of assets in excess of $3 billion, including NAIOP and BIA award-winning projects in Hawaii and San Francisco.

Thomas Reiter is president of CREDE and was formerly president of Sentinel since 2015. He also leads CREDE’s Development division and brings 25 years of experience in capital markets and commercial real estate development. He has developed and/or repositioned real estate holdings in over 20 states in a variety of asset classes, including hospitality, industrial, multi-family, office, retail and senior housing. He is a member of ICSC, NAIOP and ULI.

Jeffrey Hall, previously the CEO of Paragon Construction Consulting, Inc. now serves as CREDE’s president of construction advisory services division. Over the last decade, Paragon reached over $6 billion in project oversight and management with institutional investors and Fortune 500 bank clients, and other companies around the world.

Cord is president of CREDE’s Asset & Property Management division. He has worked with industry leaders such as Coldwell Banker Commercial Advisors, Voit Real Estate Management Services, Kennedy Wilson, and Cassidy Turley, and has managed more than 200 million square feet over his career.

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