American Realty Advisors Adds Industry Veteran to Portfolio Management Team.GLENDALE, Calif. -- American Realty realty n. a short form of "real estate." (See: real estate) REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property. Advisors is pleased to announce that Jack McAllister has joined the firm's Portfolio Management team. Mr. McAllister will serve as the portfolio manager for several of American's large separate account clients utilizing both core and enhanced core investment strategies. Jack brings with him more than 25 years of experience in institutional investment management with a specialty in real estate for pension plans. Prior to joining American, Mr. McAllister was Vice President, Institutional Investment Affairs, for the National Association of Real Estate Investment Trusts (NAREIT NAREIT National Association of Real Estate Investment Trusts ) and previously was the real estate portfolio manager for the United Mine Workers of America United Mine Workers of America (UMW), international labor union formed (1890) by the amalgamation of the National Progressive Union (organized 1888) and the mine locals under the Knights of Labor. It is an industrial union, including all workers in the coal industry. (UMWA UMWA n abbr (= United Mineworkers of America) → amerikanische Bergarbeitergewerkschaft ) Health and Retirement Funds. American's Managing Director of Portfolio Management, Scott Darling, commented, "Jack brings with him a wealth of experience that will add tremendous value to our portfolio management resources. We're pleased to add a professional of Jack's caliber to expand the level of real estate expertise we provide in service to our clients." American Realty Advisors is a leading real estate investment manager that specializes in core, enhanced core and value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. strategies. With $2 billion in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. , American has created customized investment strategies for public employee and corporate pension funds, endowments, foundations, and Taft-Hartley funds for over 15 years. The firm's nationwide portfolios include office, industrial, multi-family, and retail properties. American can be found online at www.americanreal.com. |
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