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Scott Erickson and John Stonestreet Join Rockpoint.

SAN FRANCISCO & BOSTON -- Rockpoint Group, L.L.C. announced that Scott Erickson and John Stonestreet recently joined the existing asset management team of the company, each as a Director of Asset Management. Erickson and Stonestreet will provide asset management oversight to Rockpoint's U.S.-based real estate investments. Erickson, located in the San Francisco office, will cover the western U.S. and Stonestreet, based in the Boston office, will be responsible for the eastern U.S.

Erickson, 49, joins Rockpoint from the Lalanne Group, a residential developer in the San Francisco Bay area, where he was a principal. Prior to that, he was a consultant to Peter Sullivan Associates. Erickson began his real estate career at Norland Properties, where he served as Controller, Vice President of Finance, and Executive Vice President of Operations over an eighteen year period. He received a B.S. in Business Administration from the University of California at Berkeley and is a Certified Public Accountant.

Stonestreet, 38, brings more than 11 years of experience in real estate financing, acquisition, development and asset management to Rockpoint. For the past nine years, he worked with Hines Interests Limited Partnership, most recently as a Project Manager in Boston. Stonestreet began his career as a real estate loan officer at BayBank, N.A. before moving to the Bank of Boston in 1992. He holds an A.B. degree from Bowdoin College and an M.B.A. from The Amos Tuck School of Business Administration at Dartmouth College.

In addition, the firm has hired one senior manager and three associates. Tatsushi Iwano, an experienced senior manager based in Tokyo, will specialize in origination, structuring and asset management activities in Japan. Paisley Boney and Peter Fleiss, Associates based in Boston, and Timothy Inbody, an Associate based in San Francisco, will focus on acquisitions and asset management in the U.S.

Rockpoint Group, L.L.C. is a global real estate investment and management firm with over 20 professionals located in Boston, Dallas, San Francisco and Tokyo. Rockpoint has raised approximately $1 billion of equity capital commitments since forming the firm in late 2003. Rockpoint targets a broad range of real estate-related investments with a particular focus on value creation opportunities, distressed/restructuring opportunities and complex situations across all asset classes and geographic regions.
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Publication:Business Wire
Date:Feb 9, 2005
Words:381
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