Dermody Properties Grants $5,000 Annual Thanksgiving Capstone Award to Sonoma County Resilience Fund

SANTA ROSA, Calif. – Dermody Properties, a national private equity real estate investment, development and management company focused exclusively on the logistics real estate sector, has announced the recipients of its annual Dermody Properties Thanksgiving Capstone Award. The Sonoma County Resilience Fund, created by the Community Foundation Sonoma County (CFSC), will receive $5,000 to help individuals and families affected by the Kincade Fire.

Every year, senior management at Dermody Properties selects the recipients for the annual Thanksgiving Capstone Award with the overall goal of helping nonprofit organizations address the increased need experienced during the holidays. This year, Elizabeth Kauchak, Chief Operating Officer for Dermody Properties, has specifically designated a portion of this award to go to Kincade Fire response efforts.

CFSC strengthens its community through various programs, including the Sonoma County Resilience Fund, which supports long-term recovery efforts in Sonoma County. The fund focuses on helping those who were impacted by the fires by fostering housing solutions and helping victims heal from the long-term trauma. Since its establishment in 2017, the Sonoma County Resilience Fund has granted more than $4.5 million to affected individuals. 

“We’re pleased to recognize the efforts of the Sonoma County Resilience Fund this year with the Capstone Award,” said Kauchak. “The devastating effects of natural disasters such as the Kincade Fire have taken homes and peace from the citizens of Sonoma County. We hope our support can aid in the organization’s efforts.”

The Dermody Properties Annual Thanksgiving Capstone Award is uniquely directed each year by the executive management committee of Dermody Properties, which includes Chairman and CEO Michael C. Dermody, President Douglas A. Kiersey, Jr., Chief Financial Officer Douglas Lanning, Chief Investment Officer Timothy Walsh, Chief Capital Officer Kathleen Briscoe, and Chief Operating Officer Elizabeth Kauchak.

“Every year, the Thanksgiving Capstone Award brings our company, our executive team and the community together to help those organizations that are truly impacting the lives of people,” said Dermody. “At Dermody Properties, this award has become a tradition where we do our part to help ensure the communities in which we do business have the resources they need. We are pleased to give to the Sonoma County Resilience Fund and do our part to help those in need after the devastation of the Kincade Fire.”

Dermody Properties has selected six additional recipient organizations and will award $25,000 to the Food Bank of Northern Nevada in Sparks, Nev., $5,000 to Operation Finally Home in Dallas, Texas, $5,000 to BrainUp in Frankfort, Ill., $5,000 to the NJ Sharing Network in New Providence, N.J., $3,500 to the California Fire Foundation in Sacramento, Calif., and $1,500 to the International Association of Fire Fighters Center of Excellence for Behavioral Health Treatment and Recovery in Upper Marlboro, Md.

About Dermody Properties
Dermody Properties is a privately-owned real estate investment, development and management firm that specializes in the acquisition and development of logistics real estate in strategic locations for E-commerce fulfillment centers, third party logistics and distribution customers. Founded in 1960, Dermody Properties has invested in more than 89 million square feet of logistics space. In addition to its regional office and company headquarters in Reno, Nev., Dermody Properties has regional offices in northern and southern California, Atlanta, Phoenix, Seattle, Chicago and New Jersey.

About Community Foundation Sonoma County
Community Foundation Sonoma County is the hub of philanthropy for the county, connecting people, ideas and resources to benefit all who live here. Founded in 1983, CFSC works with philanthropists to create plans that will make an impact in our community and become part of their family’s legacy. In the Sonoma Valley, this work is done in partnership with the Sonoma Valley Fund, an affiliate group of dedicated local advisors who encourage philanthropy in the community and support the foundation’s grantmaking.

West Coast Commercial Real Estate News