Kent Swanson Joins Newcastle Limited as Chief Financial Officer

CHICAGO, IL--(Marketwire - Nov 15, 2011) - Newcastle Limited, the Chicago-based real estate advisory and investment firm, announced today that Kent Swanson has joined Newcastle Limited as the firm's Chief Financial Officer, effective this month. In this important new role at Newcastle, Swanson will be responsible for investor and lender relationships, overseeing the firm's debt and equity capital and driving growth and expansion of Newcastle's investment portfolio.

"Kent is a proven leader whose finance background and real estate experience make him the ideal choice for this important position," said Michael R. Haney, President and CEO of Newcastle Limited. "We're glad to have him on board as part of our team as we continue to grow our firm and our portfolio."

Previously, Swanson was Principal and Chief Financial Officer at The John Buck Company, a corporate real estate services and advisory company. As the CFO for the Buck Company, he oversaw all equity and debt financing sourced for acquisition and development projects, and managed the deployment of the JBC Funds, third-party capital and corporate resources.

Swanson earned a Bachelor of Science in Economics from Duke University and a Master of Business Administration from the J.L. Kellogg School of Management at Northwestern University. He is the President of Evanston Inventure, an Associate Board Member of the Youth Organization Umbrella, Inc., and serves on the Executive Committee of the Civic Federation of Chicago.

Newcastle Limited is a Chicago-based real estate advisory and investment firm serving institutions, corporations and investors. The firm helps clients use real estate strategically to achieve overall mission objectives more quickly, at a lower cost, and with less risk. Using its $500 million investment platform, Newcastle acquires urban Chicago real estate, including multi-family, retail and mixed-use. An entrepreneurial investor with institutional backing, Newcastle can deploy large amounts of capital and close transactions quickly. To learn more about Newcastle, call Mike Haney at (312) 252-1401 or visit the company website at www.newcastlelimited.com.