11/07/2012 | by

Founder of Fidelity’s REIT Fund, Barry A. Greenfield, Dies

Barry A. Greenfield, former long-time portfolio manager with Fidelity and best known for launching the Fidelity Real Estate Fund in 1986, passed away on Aug. 20, 2012.  He became a legend in the financial community and was once among the largest investors in REIT stocks. Greenfield was from Wayland and Mashpee, Mass. He is survived by his wife, Nancy Greenfield; two daughters, Lisa Koman and Andrea Sheiffer; one sister; and three grandchildren.

Aimco (NYSE: AIV) raised more than $400,000 to benefit military families and students in its ninth-annual Aimco Cares Golf Classic. More than 120 golfers participated in the Colorado charity tournament that went toward helping family members who have lost a loved one in the line of duty, military personnel returning from duty, and college-bound students living in subsidized affordable housing.

Alexandria Real Estate Equities, Inc. (NYSE: ARE) announced that Joel S. Marcus, founder, chairman and CEO, was unanimously elected to the board of directors of the Foundation for the National Institutes of Health.

Brookfield Office Properties (NYSE: BPO) was awarded the International Outstanding Building of the Year (TOBY) Award at the Building Owners and Managers Association 2012 conference in Seattle.


Federal Realty Investment Trust (NYSE: FRT) named James Taylor CFO. Previously, Taylor was senior managing director and head of real estate investment banking at Eastdil Secured Wells Fargo.


Gladstone Commercial Corp. (NASDAQ: GOOD) named Robert Cutlip president. George Stelljes, former president, was named co-vice chairman and will retain his title as chief investment officer.


Thomas D’Arcy resigned as CEO of Grubb & Ellis Co.  and will now lead American Realty Capital Healthcare Trust Inc.


Highwoods Properties, Inc. (NYSE: HIW) announced the appointment of Andy Wisniewski as vice president and Pittsburgh division head. Wisniewski joins Highwoods from CBRE’s Pittsburgh Landlord Agency Group where he was executive vice president.

Wentz Jr.


Investors Real Estate Trust (LSE: LAND.LN) named Thomas Wentz Jr. executive vice president and COO. He was previously the company’s senior vice president and COO. Diane Bryantt was promoted to executive vice president and CFO.

Monmouth Real Estate Investment Corp. (NYSE: MNR) appointed Kevin Miller CFO. Prior to this appointment he was chief accounting officer and will continue his duties in that role. Anna Chew, who has been serving as the company’s interim CFO, will continue to serve as the company’s treasurer


Pennsylvania Real Estate Investment Trust (NYSE: PEI) named Joseph Coradino CEO. Former chairman and CEO Ronald Rubin was named executive chairman.

Simon Property Group (NYSE: SPG) named Matthew Lentz as chief investment officer. Prior to accepting this newly created position, Lentz was managing director and portfolio manager at PointState Capital in New York.

Taubman Centers, Inc. (NYSE: TCO) announced that David Weinert will resign as the company’s senior vice president of leasing to pursue other interests. He has held that position since 2004 and has been with the company since 1986.


Ventas, Inc. (NYSE: VTR) named John Hart to the newly created position of senior vice president and chief information officer. Prior to this appointment, Hart was managing director of technology for 16 years with CME Group Inc.

W.P. Carey & Co. LLC (NYSE: WPC) announced the resignation of Mark DeCesaris as CFO. He was appointed as a member of the company’s board of directors.


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