FOR IMMEDIATE RELEASE
Sep 2, 2011
PM REALTY GROUP NAMES KRISTEN VANCE EASTERN DIVISION DIRECTOR OF OPERATIONS
ATLANTA,GA - PM Realty Group (PMRG), a national, full-service commercial real estate firm, today announced that Kristen Vance has been named Eastern Division Director of Operations and is responsible for all aspects of operations within the Eastern Division, including asset management, property management, engineering, and construction management for a portfolio totaling over 20 million square feet. Prior to her current position, Ms. Vance served as Portfolio Manager, responsible for asset and property management of a portfolio of office product totaling 800,000 square feet.
Prior to joining PMRG, Ms. Vance was Vice President of Asset Management for iStar Financial, Inc., where she was responsible for a geographically diverse portfolio of loan and equity assets consisting of office, industrial, and specialty properties totaling over 10 million square feet with a market value exceeding $1.0 Billion. While at iStar, she successfully marketed and disposed of assets with a combined market value exceeding $200 million for net profits greater than $25 million.
Ms. Vance has extensive financial analysis and modeling experience, as well as proficiency in all aspects of due diligence, including legal, structural, environmental and financial. She has served a diverse client mix including Institutional, TIC and Special Servicers and has taken over assets as receiver, through the foreclosure, stabilization, and sales process.
"Kristen is well known for her focused approach to serving PMRG clients; simply, she is driven to increase the underlying value of their real estate investments," said Dave Parker, Executive Vice President and Managing Director of the Eastern Division." She has experience with all of our offices on the East Coast, including Boston, Washington DC, Suburban New Jersey, Atlanta, Charlotte and South Florida. Her asset management experience in multiple markets, during her tenure at iStar, is invaluable to us as we continue to expand our platform."
She holds a Masters of Business Administration degree in Finance from Georgia State University, and a Bachelor of Business Administration degree in International Finance from the University of Georgia.
About PM Realty Group
Headquartered in Houston, Texas, PM Realty Group (PMRG) is one of the nation’s leading real estate companies focusing on comprehensive property services, development and acquisitions. With a strategic presence in 30 markets, PMRG provides the highest quality services to its clients and investors. PMRG’s clients and investors include large financial institutions, advisors and high net worth individuals. By capitalizing on the team’s experience and expertise, PMRG has the ability to undertake large and challenging management, leasing, development and acquisition projects.
PMRG’s portfolio, including projects managed for third parties, includes commercial office buildings, mixed-use centers, corporate headquarters, industrial buildings, medical facilities, high-rise multifamily buildings and re-appropriated military facilities.
Our goal is to generate exceptional returns for our clients and investors by focusing on real estate fundamentals. For additional information, visit www.pmrg.com