ATLANTE, January 19, 2022 /PRNewswire/ — Corlanda vertically integrated, multi-family real estate investment, development and management company, has appointed Jason Kern President of Investment Management, a new role created to support the company’s continued growth in United States and abroad.
Kern reports to the CEO of Cortland, Steven DeFrancis, and will help formulate and implement strategies for the management and growth – both organic and through mergers and acquisitions – of the business 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 of assets under management and directing the firm’s private equity and debt activities, including strategy, people, investments, client relationships and operations in United States, Canadaand Mexico.
Prior to LaSalle, Kern founded and ran Real Estate & Lodging Advisory, Asia Pacific commercial for HSBC bank United Statesand before that, he spent 17 years at JP Morgan in United States, Europeand Asia Pacificmainly in management positions within 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,” the CEO said. Steven DeFrancis noted. “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 a Masters of Business Administration in Finance and Accounting at New York University Stern School of Business and a Bachelor of Arts in Economics and English Literature at Colgate University.
Cortland is a vertically integrated, multi-family property investment, development and management company focused on providing resident-centric, hospitality-focused apartment living experiences. Based at AtlantaCortland manages and invests in, directly or indirectly, more than 200 apartment communities comprising more than 70,000 homes in the United States with regional offices in Charlotte, dallas, denver, Houston, Orlando and Tampa. Cortland has significant experience in acquiring, developing, renovating, owning and operating multi-family communities, leveraging the services of its affiliated companies to build, design and manage properties, assets and of investments. Internationally, Cortland maintains a UK management and development platform.
Cortland is a National Multifamily Housing Council (NMHC) Top 50 Owner and Manager, Top Performing Brand for Online Reputation in 2021 (reputation score by reputation.com) and is a Great Place to Work (2021). For more information, visit cortland.com.
The foregoing press release is for informational purposes only. Nothing contained herein should be construed as a solicitation to offer investment advice or services, or a solicitation to buy or sell any security. Information about investing in a Cortland fund is only available in the form of private placement memoranda and other offering documents which contain information to help investors assess investment objectives, risks, fees and expenses of Cortland funds, among other factors, before considering an investment.
This press release may contain forward-looking statements. Any opinions, forecasts, projections or other statements, other than statements of historical fact, are forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements. Due to various risks and uncertainties, actual events or results or actual performance may differ materially from those reflected or contemplated in these forward-looking statements. No information contained in this presentation can be considered as a guarantee, promise, assurance or representation as to the future. These forward-looking statements have not been reviewed by anyone outside of Cortland, and while Cortland believes these statements to be reasonable, they involve a number of assumptions, risks and uncertainties. Except as required by law, Cortland undertakes no obligation to publicly revise any forward-looking statement to reflect circumstances or events after the date of this press release or to report the occurrence of unanticipated events. Cortland’s past and current performance is not indicative of future results, and no representation is made that any Cortland investment will achieve its objectives or that any Cortland strategy will be successful. This press release is not personalized investment advice or an investment recommendation from Cortland.
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