Behringer Harvard.Behringer Harvard is pleased to announce that Michael A. Ernst has agreed to join the firm's management team. Ernst is slated to serve in the position of executive vice president (EVP EVP Executive Vice President EVP EGR (Exhaust Gas Recirculation) Valve Position Sensor EVP Electronic Voice Phenomenon EVP Europäische Volkspartei (Germany) EVP Employee Value Proposition )--finance of Harvard Property Trust, LLC. He also will serve as EVP--finance for both Behringer Advisors, LLC, which is the advisor for Behringer Harvard REIT REIT See: Real Estate Investment Trust REIT See real estate investment trust (REIT). I, Inc., and HPT Management Services LP, the property manager for Behringer Harvard REIT I. Ernst was most recently EVP and chief financial officer (CFO See Chief Financial Officer. ) of UDR, Inc., a publicly traded. In this position, which he assumed in July 2006, Ernst oversaw the areas of corporate accounting, financial planning and analysis, investor relations, treasury operations and SEC reporting for UDR. Prior to joining UDR, Ernst was EVP and CFO of Prentiss Properties Trust. After joining Prentiss in 1997 in the role of vice president and treasurer, he was promoted twice, first to senior vice president and CFO in 1999, and then to EVP and CFO in 2001. During his tenure at Prentiss, Ernst played a leadership role in the development of corporate strategy and corporate mergers and acquisitions, and he structured more than $3.5 billion in capital transactions. Before he joined Prentiss, Ernst was a senior vice president in the real estate finance group of NationsBank, which is now Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. . * Thomas F. August is serving as the chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Behringer Harvard REIT I, Inc. Scott Fordham also joined the firm in May 2008 to lead the accounting team for this REIT. August, Ernst and Fordham previously served together at Prentiss as the chief executive officer, CFO and chief accounting officer, respectively. Prentiss was subsequently acquired by a publicly traded REIT, Brandywine Realty Trust Brandywine Realty Trust (NYSE: BDN) is a real estate development trust (REIT) in the United States that buys, sells, leases and manages approximately 225 commercial properties, no more than 25 industrial parcels of land, mixed-use property, and over 200 acres of undeveloped . |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion