– CANADA, Toronto – Firm Capital American Realty Partners Trust (TSX: FCA) today announced the appointment of Robert Parker to the Board of Trustees, subject to regulatory approval.
Robert is currently the VP, Investments & Asset Management for the Muzzo Group and Pemberton Developments. Prior to his current role, Robert worked at a multinational residential company and mortgage company in a similar role. Robert is a graduate of the Faculty of Law at Queens University and has his J.D. designation.
“Our current board members represent the ownership interests of approximately 26% of the outstanding trust units, which is a strong alignment of interests with all unitholders. With the addition of Robert, he will represent the 6.5% ownership interest of the Muzzo Group. As such, the total board ownership interest representation will be in excess of 33%. The Muzzo Group has been a long-standing supportive unitholder of the Trust. Robert, a real estate lawyer by training, brings us experience in real estate law and asset management. We continue to strengthen our board talent as we move forward to continue to grow our Trust.” said CEO and Vice-Chairman, Eli Dadouch.
About Firm Capital American Realty Partners Trust
Firm Capital American Realty Partners Trust is a U.S. focused real estate investment trust that pursues multi-residential income-producing real estate and related debt investments on both a wholly-owned and joint venture basis. The Trust currently has ownership interests in a total of 2,073 apartment units diversely located in Florida, Connecticut, Texas, New York, New Jersey, Georgia and Maryland.
For more information: http://firmcapital.com/
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