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Horacio LeDon joins Partners Trust as head of new development

  • Horacio LeDon has joined Partners Trust as head of new development.
  • This is the first time Partners Trust has attempted to delve into the world of new development.
  • Partners Trust CEO Nick Segal is excited about the new path for the firm, as well as other new endeavors currently underway.

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Horacio LeDon/Facebook There is a lot of new on the horizon for Partners Trust. The firm recently opened a retail design boutique under its office to attract locals, and now it's bringing in new talent by hiring Horacio LeDon to head up the firm's new development segment. Partners Trust CEO Nick Segal doesn't think there could be a better fit for the newly created position. "I'll call it an expanded direction," he said. "To have this other facet, we get the intelligence and expertise of this new development, and the new development gets the acumen and the pedigree and the reputation of Partners Trust. It's a wonderful compounding synergy." This is the L.A.-based real estate firm's first venture into the new development sector. With LeDon at the wheel -- it was just over one year ago he left Douglas Elliman as president of development marketing -- Segal is interested in taking it one step at a time. "It didn't start as becoming 'OK! Here's the idea, we'll just d...