PM Realty Group
1000 Main St, Suite 2400
Houston, Texas 77002
MEDIA CONTACT:
Kristen Burney
PMRG | PM Realty Group
(713) 209-5910
kburney@pmrg.com

FOR IMMEDIATE RELEASE

Dec 12, 2014

MARILYN LUCAS JOINS PM REALTY GROUP AS SENIOR VICE PRESIDENT, DIRECTOR OF ASSET MANAGEMENT

HOUSTON, TX — PM Realty Group (“PMRG”), a nationally recognized, full-service commercial real estate firm, today announced that Marilyn Lucas has joined PMRG as Senior Vice President and Director of Asset Management. In this role, Ms. Lucas will oversee PMRG’s national office portfolio and report to Roger Gregory, President of Investments. She will be responsible for optimizing value for PMRG’s office assets, including executing asset level strategies, monitoring and evaluating operations and financial performance, managing leasing programs, assessing and overseeing capital improvement programs, and developing and implementing other initiatives to maximize investment returns.  She will also assist the investment team with evaluating acquisitions and dispositions.

“Marilyn has an impressive background in asset management,” says Roger Gregory, “she has extensive experience in the industry and we are excited to have her on board.” 

An industry veteran, Lucas joins PMRG from CWCapital where she was Vice President, Senior Asset Manager, REO. Over the past four years, Ms. Lucas was responsible for a national portfolio of distressed office, industrial and retail assets totalling more than 10 million square feet and representing an outstanding loan balance of $1.6 billion.  During her tenure, she closed on the disposition of more than 20 assets totalling $740 MM in value.  Previously, Ms. Lucas was a Principal at The Carlyle Group in Washington, D.C. where she was involved in the asset management of U.S. real estate investments totalling $2.8 billion in capitalization.  Prior to joining The Carlyle Group, Ms. Lucas was a Senior Associate in the Investments group at CarrAmerica Realty Corporation, and prior thereto an Assistant Vice President at Combined Properties, Inc.  

Ms. Lucas received her master's degree in Urban and Regional Planning with a concentration in Real Estate Development from The George Washington University, where she was an Oliver T. Carr scholarship recipient.  She holds a B.A. from Brigham Young University.  Ms. Lucas previously served on the board of Rebuilding Together of Washington D.C. for 15 years, including two years as its President, and is currently a rescue transport volunteer for DogsXL.

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.