Cortland hires Jason Kern as president of investment management

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Cortland, a vertically integrated, multi-family real estate investment, development and management company, has named Jason Kern president of investment management, a new position created to support the company’s continued growth in the United States and abroad. foreigner.

Jason Kern

Kern will report to Cortland’s CEO, Steven DeFrancis, and help formulate and implement strategies for managing and growing – both organically and through mergers and acquisitions – the company by leveraging its areas of competitive advantage and exploring ways to expand its capabilities. Additionally, he oversees the investment, capital markets, corporate finance, investor relations, tax and accounting teams.

“Using strategic investments to drive growth has been one of my goals throughout my career,” Kern said. “I’m thrilled to join a rapidly growing, values-driven organization passionate about innovation and collaboration, and I’m truly inspired to be part of such a talented team.”

Most recently, Kern served as CEO of the Americas division of LaSalle Investment Management for eight years. He was responsible for managing $24 billion in assets under management and leading the firm’s real estate private equity and debt businesses, including strategy, people, investments, client relationships and operations in the United States, Canada and Mexico.

Prior to LaSalle, Kern founded and led the Real Estate & Lodging Advisory, Asia Pacific business for HSBC Bank USA, and prior to that spent 17 years with JP Morgan in the US, Europe and Asia Pacific, primarily in management positions in the Global Real Estate & Lodging Investment Banking group.

“Creating this role is critical to supporting Cortland’s growth and fostering continued success while preserving the continuity and strengths of the company’s existing businesses,” said CEO Steven DeFrancis. “Jason’s depth of global experience gives us confidence that he will lead with an innovative and strategic mindset to help Cortland move into the next phase of our growth.”

Kern has served on the boards of JLL Income Property Trust, the National Association of Real Estate Investment Managers (NAREIM) and the Association of Foreign Investors in Real Estate (AFIRE). He earned an MBA in Finance and Accounting from New York University Stern School of Business and a Bachelor of Arts in Economics and English Literature from Colgate University.

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