SOURCE: McCaffery Interests, Inc.

McCaffery Interests, Inc.

January 24, 2011 19:00 ET

McCaffery Interests, Inc. Announces New Company Chairman, President and Expansion Plans

Dan McCaffery Assumes the Role of Chairman While Ed Woodbury Is Named President

CHICAGO, IL--(Marketwire - January 24, 2011) - McCaffery Interests, Inc., a privately owned, full-service commercial real estate company with offices in Chicago, IL and Washington, DC, today announces a company expansion and new Chairman and President. The changes are designed to further advance McCaffery Interests as an innovative, integrated and agile commercial real estate leader with a next generation of leadership and services firmly in place. Effective immediately, the heart of the reorganization includes:

Daniel McCaffery will take the position of Chairman, overseeing the vision, strategic direction, new business creation and enhancement for all aspects of the firm. Mr. McCaffery is the Founder and formerly served as the President of McCaffery Interests. 

Ed Woodbury will take the position of President, leading the firm's executive management team and executing on the vision and strategic direction set by the firm. Mr. Woodbury was most recently a Vice President with the firm, responsible for all aspects of its development projects.

"Ed has demonstrated exceptional leadership during his tenure with McCaffery Interests, seeing the company through significant growth and development," said Daniel McCaffery, Chairman, McCaffery Interests. "Ed's sharp business acumen and leadership will serve him well in his new role as President."

"It is a privilege to have been entrusted with the position of President of McCaffery Interests," remarks Mr. Woodbury. "I look forward to further expanding the company's growth and leading the firm's extraordinary group of leaders and staff."

Additional expansion initiatives include the hiring of Yvonne Jones as Managing Director of Asset and Property Management. In this role, Ms. Jones will oversee an expanding portfolio of retail, office and residential properties in excess of 6 million square feet. Prior to joining McCaffery Interests, Inc., Ms. Jones served as President and Principal at Zifkin Realty Group, LLC where she launched the firm's property and asset management group. Ms. Jones remarks: "I'm very excited to execute McCaffery Interests' existing property assignments and to combine my knowledge with the thoughtful and creative McCaffery Interests brand to cultivate additional management contracts for the firm."

About McCaffery Interests, Inc.:
McCaffery Interests, Inc. is a privately owned, full-service commercial real estate company that has been in the business of investing, developing, leasing, managing and selling real estate for more than 20 years. The McCaffery Interests portfolio of planned, completed and managed projects exceeds 20 million square feet and includes office, mixed-use, hotel, and residential properties, as well as large, master-planned communities and land developments. With offices in Chicago, IL and Washington, DC, and controlled assets and completed developments valued in excess of $2 billion, McCaffery Interests is one of the most trusted real estate companies in the nation. For more information, please visit www.mccafferyinterests.com or call (312) 944-3777.

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