DALLAS–(BUSINESS WIRE)–Pillar Earnings Asset Administration (Pillar) is happy to announce the appointment of Erik Johnson as President and Chief Govt Officer, efficient instantly. As well as, Mr. Johnson has been named President of American Realty Traders, Inc. (NYSE: ARL), TransContinental Realty Traders, Inc. (NYSE: TCI) and Earnings Alternative Realty Traders, Inc. (NYSE American) Additionally CEO.
Mr. Johnson has served as Pillar’s interim president since April 2023 and as govt vp and treasurer since June 2020. Treasurer. Vice President of Monetary Reporting at NYSE: ) and served as an auditor for North American Scientific. He started his profession as an auditor with PricewaterhouseCoopers and is a Licensed Public Accountant.
Mr. Johnson will work with the corporate’s Board of Administrators to execute a long-term plan to increase its portfolio of multifamily condominium developments in Solar Belt markets. The corporate’s actual property companions management massive tracts of land on which the corporate hopes to develop further multifamily condominium communities.
Mr. Johnson expressed his enthusiasm for his new position, saying, “I’m honored and excited to guide Pillar and the corporate as we embark on this subsequent chapter. I look ahead to working carefully with our proficient workforce to construct our actual property portfolio for Shareholders create worth.
About Pillar Earnings Asset Administration
Pillar is a nationwide actual property firm specializing within the acquisition, growth and administration of multifamily residential and industrial properties within the southern United States. Pillar additionally develops uncooked land for single-family residential communities and quite a lot of industrial functions. Pillar, by way of its affiliated shopper firms, operates a portfolio of greater than 115 properties, together with greater than 18,000 multifamily items, greater than 1,800,000 sq. toes of business property and greater than 4,500 acres of virgin land. Pillar additionally gives financing and capital administration companies to its associates, together with HUD, Fannie Mae, Freddie Mac, CMBS loans and non-convertible debt securities.
About American Actual Property Traders, Inc.
American Realty Traders, Inc. is a Dallas-based actual property funding agency with a diversified portfolio of fairness actual property investments all through the US, together with workplace buildings, flats, buying facilities and developed and undeveloped land. The corporate invests in actual property by way of direct possession, leases and partnerships, and invests in actual property mortgage loans. The corporate additionally holds collateralized receivables. The corporate’s main supply of belongings and working efficiency is its funding in TransContinental Realty Traders, Inc. (NYSE:TCI). For extra data, please go to the corporate’s web site at www.americanrealtyinvest.com.
About Transcontinental Actual Property Traders, Inc.
TransContinental Realty Traders, Inc. is a Dallas-based actual property funding agency with a diversified portfolio of fairness actual property investments all through the US, together with workplace buildings, flats, buying facilities and developed and undeveloped land. The corporate invests in actual property by way of direct possession, leases and partnerships, and invests in actual property mortgage loans. The corporate additionally holds collateralized receivables.
About Earnings Alternatives Actual Property Traders, Inc.
Earnings Alternative Realty Traders, Inc. is a Dallas-based actual property funding agency that at present holds a portfolio of notes receivable. The corporate invests in actual property by way of direct fairness and partnerships. For extra data, please go to the corporate’s web site at www.venueopp-realty.com.
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Pillar Earnings Asset Administration
Eric Johnson (469) 522-4200
information@pillarvenue.com
Supply: Pillar Earnings Asset Administration
