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Sterling appointment.


Sterling American Property Inc., the real estate investment funds Noun 1. investment funds - money that is invested with an expectation of profit
investment

assets - anything of material value or usefulness that is owned by a person or company
 of Sterling Equities, Inc., announced the promotion of James E. Seiler to Senior Vice President of Asset Management. Richard Wilpon, Co-Chief Executive Officer of the general partners of the Sterling American Funds, made the announcement.

The promotion is in recognition of Mr. Seiler's contribution and leadership, as well as expanding his supervisory role of the Sterling American's asset management team for all multifamily markets in the U.S.

Having joined Sterling American in 1984, Mr. Seiler has received numerous promotions, and was a vice president before today's announcement.

Mr. Wilpon said, "Our organization has benefited significantly from Jim's service, spanning over two decades with Sterling Equities and Sterling American. Indeed, he played a key role in the formation of the Sterling American funds. His knowledge of multifamily asset management and operations continues to contribute to our success."

Since joining Sterling American, Mr. Seiler has worked closely with his colleagues to add value to each of the four Funds' portfolio assets.

He has also been responsible for the creation of strong ties to the local communities where Sterling American has a presence. Mr. Wilpon added, "Jim is known for his focus on, and implementation of, effective resident retention programs."

Mr. Seiler said, "I'm proud to have an integral role with Sterling American. Our 'hands on' approach to property management extends literally from the boiler room boiler room n. a telephone bank operation in which fast-talking telemarketers or campaigners attempt to sell stock, services, goods, or candidates and act as if they are calling from an established company or brokerage.  to the board room. I'm especially gratified grat·i·fy  
tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies
1. To please or satisfy: His achievement gratified his father. See Synonyms at please.

2.
 that our years-long relationships with joint venture partners, on-site management companies and local community organizations have become a model for rental communities everywhere."

Prior to joining Sterling American, Mr. Seiler was assistant general manager of New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 State's Roosevelt Island Development Corporation, one of the nation's pioneering public/private affordable housing development partnerships.

Mr. Seiler holds a bachelor's degree from Penn State University and a Juris Doctor The degree awarded to an individual upon the successful completion of law school.

Juris doctor, or doctor of Jurisprudence, commonly abbreviated J.D., is the degree commonly conferred by law schools.
 from Suffolk University Law School The law school currently has both day and evening (part-time) divisions. The school is located in the newly built Sargent Hall on Tremont Street in downtown Boston. There are over 200 upper level electives offered at the law school, and the school is consistently ranked one of the most .

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Title Annotation:Sterling American Property Inc.
Publication:Real Estate Weekly
Geographic Code:1USA
Date:Mar 9, 2005
Words:318
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