PRESS RELEASES
United Realty Announces Hiring of Managing Director for America Fund
NEW YORK, June 19, 2013 /PRNewswire/ -- United Realty announced the appointment of Will Heishman – who has extensive experience advising foreign investors and providing capital raising initiatives for the acquisition and management of large-scale commercial real estate – to United Realty America Fund as Managing Director.
(Logo: http://photos.prnewswire.com/prnh/20130601/NY24430LOGO )
Mr. Heishman's primary focus will be to raise investor funds and ensure consistent asset growth for United Realty America Fund, LP, an independent real estate investment fund investing in U.S. core and value-add commercial real estate assets. He will work closely with foreign investors and the United Realty management team to maximize long-term values that will strengthen United Realty's real estate investment platforms.
"We are excited to expand United Realty America Fund with the addition of Will," said Eli Verschleiser, President of United Realty Companies. "He offers knowledge and expertise in both domestic and international commercial real estate finance and investment that will be beneficial to the growth of our firm, as we provide long-term value-added investment opportunities to an increasing number of foreign investors."
Most recently, Mr. Heishman served as President of his own firm, Infinity Mortgage Co., Ltd., a Tokyo-based commercial real estate firm. During his tenure as president, he provided advisory and capital raising services for offshore investors investing in the Japanese real estate market. Previously, Mr. Heishman served as Senior Vice President at Lone Star Opportunity Fund and Senior Real Estate Underwriter at Merrill Lynch in Tokyo and New York.
About United Realty Partners
United Realty Partners was formed in January 2012 by veteran real estate investors Jacob Frydman and Eli Verschleiser. Based in New York, the firm advises on and invests in commercial real estate projects in markets poised to benefit from favorable demographic trends including growing populations and household incomes. The firm and its affiliates also seek opportunistic investments in distressed or underperforming properties that can benefit from repositioning, redevelopment and other value-enhancing initiatives. United Realty, through its affiliates, also sponsors SEC-registered Real Estate Investment Trusts (REITs) that allow outside investors to participate in the firm's investments.
Mr. Frydman and Mr. Verschleiser have invested in numerous types of commercial real estate from urban office buildings to suburban retail shopping centers and large apartment projects. They are responsible for over $7 billion in commercial real estate transactions including some of the most complex projects in the eastern U.S. For more information visit www.urpa.com or follow us on Twitter @United_Realty.
SOURCE United Realty
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