Essential Properties Realty Trust, Inc. acquires, owns, and manages single-tenant properties that are net leased to middle-market companies operating in service-oriented or experience-based businesses.

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Last updated: Apr. 13 2021

Nareit Coverage

Names to Note: September/October 2020

Sarah Borchersen-Keto

Portrait of Sarah Borchersen-Keto

Sarah Borchersen-Keto is Nareit’s editorial director and writes extensively for Nareit’s website and award-winning magazine, REIT: Real Estate Investment Today, and Nareit's website.

Names to Note

People making news in the REIT and publicly traded real estate industry.

Agree Realty Corp. (NYSE: ADC) appointed Craig Erlich as chief investment officer and named Mike Hollman to its board of directors. Erlich previously served on Agree’s board of directors as lead independent director.

Alexander & Baldwin, Inc. (NYSEMKT: ALEX) announced that current chairman Stan Kuriyama, who previously served as CEO from 2010-2015, will retire from the board of directors, effective Sept. 30. Eric Yeaman, who has served as an independent director since 2012, has been named his successor as chairman. The company has also appointed John Leong as an independent director.

Alexandria Real Estate Equities, Inc. (NYSE: ARE) said Jennifer Banks, co-COO, general counsel, and corporate secretary, resigned. Banks had been with the company in various legal positions since 2002. The company also elected Jackie Clem as general counsel and secretary. Clem served as SVP-real estate legal affairs and assistant secretary since 2015 and has been with the company since 2006. Meanwhile, Joseph Hakman was named as co-COO and chief strategic transactions officer. Hakman has served as chief strategic transactions officer since June 2019.

Ric Campo, chairman and CEO of Camden Property Trust (NYSE: CPT) was honored as one of Houston Business Journal’s Most Admired CEOs of 2020.

EastGroup Properties, Inc. (NYSE: EGP) named Katherine Sandstrom to its board of directors. As an independent director, she will serve as a member of the audit committee. Sandstrom formerly served as senior managing director and global head of Heitman LLC’s Public Real Estate Securities business.

EastGroup also appointed Staci Tyler its SVP and chief accounting officer upon the retirement of Bruce Corkern, who had served in that capacity since 2000. Since joining EastGroup in 2007, Tyler has served in several roles at the company, most recently as VP and controller.

Essential Properties Realty Trust, Inc. (NYSE: EPRT) announced the appointment of Mark Patten as an EVP, CFO, and treasurer. Patten has been an SVP and the CFO of CTO Realty Growth, Inc., previously known as Consolidated-Tomoka Land Co., and also an SVP and the CFO and treasurer of Alpine Income Property Trust, Inc.

Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) said Steven Snyder stepped down as SVP and CFO.

Gerald Hines, founder and chairman of the international real estate firm Hines passed away peacefully at home on Aug. 23 at the age of 95. Hines founded his namesake firm in Houston in 1957 and today it is active in 225 cities in 25 countries.

Mack-Cali Realty Corp. (NYSE: CLI) appointed board chair MaryAnne Gilmartin as interim CEO. Gilmartin succeeds Michael DeMarco. The board has formed a committee to oversee the search for a permanent CEO.

In addition, the board named Tammy Jones as lead independent director. Jones has over 25 years of real estate experience and has dedicated her professional career to the advancement of ethnic and gender diversity in leadership positions in the real estate sector.

PS Business Parks, Inc. (NYSE: PSB) announced that Maria Hawthorne retired as president and CEO on Sept. 1. Hawthorne has been on medical leave of absence due to health issues unrelated to COVID-19 since April 20. She will continue to serve on the board of directors. Hawthorne served as CEO and president since July 2016 and August 2015, respectively. John Petersen, interim president and CEO and COO, is continuing in his role as interim president and CEO.

Public Storage (NYSE: PSA) appointed Natalia Johnson, the current chief human resources officer, as the company’s chief administrative officer. In her expanded role, Johnson will be responsible for overseeing human resources, information technology, and safety and security.

Names to Note: September/October 2019

Names to Note

People making news in the REIT and publicly traded real estate industry.

American Homes 4 Rent (NYSE: AMH) said Bryan Smith has been appointed COO, with effect from Oct. 14. He succeeds Jack Corrigan. Smith most recently served as executive vice president and president of property management operations at the company.

Arbor Realty Trust, Inc. (NYSE: ABR) appointed Danny van der Reis as executive vice president, structured asset management. Prior to joining Arbor, he worked for a leading special servicer in the CMBS industry for more than two decades.

Armada Hoffler Properties, Inc. (NYSE: AHH) said Shawn Tibbetts has joined the company as COO. Tibbetts comes to Armada Hoffler Properties with more than 15 years of corporate leadership experience.

Apple Hospitality REIT, Inc. (NYSE: APLE) appointed Rachael Rothman as executive vice president and CFO.

Owen Thomas, CEO of Boston Properties, Inc., (NYSE: BXP) has been named the new Urban Land Institute (ULI) global chairman. He will serve a two-year term that ends June 30, 2021. Thomas succeeds Thomas Toomey, president and CEO of multifamily REIT UDR, Inc., who was the first CEO of a public firm to serve as global chairman. Thomas has been a ULI member for more than 30 years.

DiamondRock Hospitality Co. (NYSE: DRH) named Jeffrey Donnelly as executive vice president and CFO. Previously, Donnelly was the managing director of equity research at Wells Fargo Securities.

Essential Properties Realty Trust, Inc. (NYSE: EPRT) elected Anthony Dobkin to serve on its board. He is a private investor and a consultant to REITs and asset managers. From 2012 to 2017, Dobkin was an analyst and portfolio manager at Surveyor Capital, investing in REITs and real estate-related companies.

Highwoods Properties, Inc. (NYSE: HIW) announced that Edward Fritsch retired as CEO and a member of the board of directors on Sept. 1, 2019. Theodore Klinck, who previously served as president and COO, assumed the role of CEO and director upon Fritsch’s retirement. Klinck served as president since November 2018 and COO since September 2015. Highwoods also said Brendan Maiorana has been promoted to executive vice president of finance and investor relations, and Brian Leary has joined the company as executive vice president and COO.

The Housing Partnership Equity Trust (HPET) named Daniel Cunningham as chief investment officer. Prior to joining HPET, Cunningham served for six years as senior vice president at PNC Real Estate in Washington, D.C., where he oversaw all loan originations for East Coast-based owners and developers of multifamily properties.

Hudson Pacific Properties, Inc. (NYSE: HPP) announced the hiring of Natalie Teear as the company’s vice president, sustainability and social impact. She joins Hudson Pacific with 12 years of sustainability and social impact experience. Previously, she held a leadership role at PwC on the sustainability services team.

Liberty Property Trust (NYSE: LPT) said Shawn Neuman has been appointed secretary and general counsel, effective July 1, 2019. Neuman will succeed Herman Fala, who will remain with the company, serving as senior vice president—senior legal advisor.

Martin “Hap” Stein, Jr. will transition from chairman and CEO of Regency Centers Corp. (NASDAQ: REG), to executive chairman, effective January 1, 2020. Meanwhile, Lisa Palmer will become president and CEO on the same date. As of Aug. 12, Palmer vacated her role as CFO, retaining her position as president, with Mike Mas assuming the position of executive vice president, CFO, at that time. Stein has served as CEO since the company’s IPO in 1993 and as chairman since 1999. He joined Regency’s predecessor in 1976, worked in leasing and asset management, and served as president from 1981 until the company went public.

Piedmont Office Realty Trust (NYSE: PDM) promoted George Wells to executive vice president of real estate operations. Alex Valente, who most recently served as senior vice president of Piedmont’s Midwest region will serve as EVP of the company’s Southeast region, the position most recently held by Wells.

RPT Realty (NYSE:RPT) named Courtney Smith as senior vice president of investments. He succeeds Cathy Clark, who recently retired after 22 years with the company. Smith most recently served as vice president of investments for Retail Properties of America, Inc. (NYSE: RPAI).

STORE Capital Corp. (NYSE: STOR), announced the appointment of Chad Freed to the position of executive vice president, general counsel, and secretary.

Tanger Factory Outlet Centers, Inc. (NYSE: SKT) appointed Luis Ubiñas to its board. Tanger noted that Ubiñas is a leader in the telecommunication, technology, and media industries. He has advised CEOs of Fortune 100 companies and significant nonprofit organizations for several decades, including previously serving as president of the Ford Foundation.

Sean Nolan, former CEO of AveXis, Inc., a clinical-stage gene therapy company, has been appointed as an independent member of Ventas, Inc. (NYSE: VTR).

Corporate Information

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902 Carnegie Center
Suite 520
Princeton, NJ 08540
United States

Company Contacts
Peter M. Mavoides
President & CEO
Mark E. Patten