Area resident to manage holdings at Avon company |

Area resident to manage holdings at Avon company

CHICAGO — Osprey Capital, the holding company of the Hoffmann Family, of Chicago, has announced that Diane Kovalik has been named vice president of Hoffmann Commercial Real Estate, one of the family’s operating businesses. Kovalik will manage 250,000 square feet of commercial real estate located in Avon.

“We are pleased to welcome Diane to the team,” said Greg Hoffmann, principal of Osprey Capital. “She holds extensive experience in Colorado real estate, which will help us with our continued development and acquisition strategies. This experience will prove invaluable as we help our current tenants and as we bring new businesses to this great location.”

Kovalik’s background

Prior to joining Hoffmann Commercial Real Estate, Kovalik worked for more than 10 years at TGP Property Management as the firm’s property manager of residential and commercial real estate. Her expertise lies in tenant relations and growing new business relationships.

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Kovalik also spent five years working at Vail Resorts in investor relations, mountain operations and the legal department. Her residency and work in the Vail Valley provides her with a unique understanding of the needs of both the residents and the tourists in the region.

Osprey Capital’s New Avon properties

In late August, Osprey Capital purchased several commercial properties in downtown Avon. The purchases include Benchmark Plaza, the Christy Sports building, Nottingham Station, Chapel Square and the Annex. Various renovations and improvements have already begun and future development plans include public art, a bowling alley, a movie theater and the recruitment of new businesses.

“Osprey Capital is making a substantial investment not only in the properties but in the entire Avon community,” said Kovalik. “Mr. Hoffmann has been coming to the Vail Valley for over 30 years, and he is dedicated to its long-term growth and success as a top ski destination. I look forward to helping the company bring new business opportunities and jobs to Avon.”

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