Codorniu Joins Michaels as VP of Capital Markets

Cristhian Codorniu has joined The Michaels Organization as vice president of capital markets, the company said in a statement. In this role, Codorniu has lead responsibility for Michaels’ debt and equity platform that supports both new development and acquisition opportunities for Michaels. He succeeds Michael Flanagan, who was recently promoted to executive vice president of development for Michaels’ Student Living portfolio.

“Cristhian brings an impressive background of investment management, transaction structuring & execution and acquisitions experience to this role and we look forward to him bringing additional partners to Michaels that are interested in investing in high quality communities across our market segments,” said Chief Operating Officer Mark Morgan.