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21 December 2000
Fred Pratt Named President and Chief Operating Officer in U.S.
 | ... | Atlanta, GA – December 21, 2000 – Fred N. Pratt, Jr. has been named President and Chief Operating Officer of Lend Lease Real Estate Investments, Inc. The announcement was made here today by Sheryl Pressler, the company's Chief Executive Officer for U.S. operations.
Pratt joined Lend Lease in November 1999 when Lend Lease acquired Boston Financial Group Limited Partnership where he had been chief executive officer. In addition to his new responsibilities of managing the day-to-day operations of Lend Lease Real Estate Investments in the United States, he will continue to head Lend Lease's specialized business group, which includes the mortgage banker Holliday Fenoglio Fowler, Housing and Community Investing, Residential Management Services (apartment management), and Senior Housing.
"Fred Pratt's new role further strengthens our management team and allows me to focus on expanding new business opportunities, working with clients, integrating research further into our businesses, and enhancing investment performance," Pressler said. |
In 1969, Pratt was one of the founders of Boston Financial, a real estate investment firm specializing in the multifamily sector. He is a member of the advisory committee of the Massachusetts Institute of Technology Center for Real Estate. He has served as a Vice Chairman of the National Realty Committee, and on the Affordable Housing Advisory Council of the Federal Home Loan Bank of Boston.
Lend Lease Real Estate Investments, Inc. is one of the largest real estate investment managers in the United States and a leading advisor to pension funds with $41 billion in real estate and commercial mortgages under management for institutional and private clients. The company is a subsidiary of Lend Lease Corporation (ASX:LLC), which is a global, integrated real estate management and services business comprising funds management, project management and construction, and property development. briefing
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