SOURCE: American Realty Advisors

American Realty Advisors

April 18, 2011 14:30 ET

American Realty Advisors Expands Investment Group in Response to Firm Growth

GLENDALE, CA--(Marketwire - Apr 18, 2011) - American Realty Advisors is pleased to announce the addition of Jeff Miller and Drew Hess to the firm's Investment Group. Both Messrs. Miller and Hess have joined the firm as Senior Investment Officers and will be responsible for expanding the firm's real estate investment efforts nationwide.

Mr. Miller brings to American over 29 years of experience in the real estate investment management industry. Prior to joining American, Mr. Miller co-founded Barrington Capital Partners, where he served as the firm's Director and was responsible for the oversight of sourcing acquisitions, conducting due diligence, and the underwriting of investments in the Northeast, Mid-Atlantic, Midwest and Southeast regional markets. Prior to joining Barrington Capital Partners, Mr. Miller also co-founded and served as a Director for Challenger Financial Services group where he led their U.S. investment operations. Mr. Miller will be based in Barrington, Rhode Island, and will be responsible for the firm's Northeast acquisition activities.

Mr. Hess brings over 12 years of real estate investment advisory experience to American. Most recently, Mr. Hess served as a Partner of Orchard Partners where he was responsible for the oversight of the firm's acquisition efforts in Southern California and the Pacific Northwest. Prior to joining Orchard Partners, Mr. Hess served as the Vice President of Investments at Prudential Real Estate Investors, where he acquired real estate investments on the West Coast. Mr. Hess also served in a similar role at AMB Propety Corporation. Mr. Hess will be based at the firm's San Francisco office, and will focus on American's transaction activities in Northern California and the Pacific Northwest.

"We are pleased to welcome Jeff and Drew to American's dynamic group of investment professionals. Their collective breadth of knowledge and expertise will contribute to the depth of the firm's resources and enhance American's ability to capitalize on investment opportunities coast-to-coast," stated Kirk Helgeson, American's EVP/Executive Managing Director, Investments.

American Realty Advisors, a California corporation, is an SEC-registered investment advisor under the Investment Advisers Act of 1940, as amended, and a leading provider of real estate investment management services to institutional investors. With approximately $3.4 billion* in assets under management, American has provided innovative real estate solutions to institutional investors for over 22 years utilizing core and value-added commingled funds and separate accounts. The firm's portfolios include office, industrial, multi-family, retail and other properties nationwide. More information regarding American can be found online at www.americanreal.com.

*Assets under management represent gross market value of all assets and accounts managed by American Realty Advisors as of December 31, 2010 which includes cash and cash equivalents and excludes partners' share of equity and debt on partnership investments.

Contact Information

  • Contact:
    Jay Butterfield
    818/409-3243