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-- WITH PHOTO -- TO BUSINESS, AND REAL ESTATE EDITORS:
Michael Daly Joins Jonathan Rose Companies As COO
NEW YORK, April 2, 2014 /PRNewswire/ -- Jonathan Rose Companies, LLC,
a leading green real estate development, investment and project
management firm, has named Michael Daly, one of the real estate
industry's most successful residential and office development experts,
Chief Operating Officer of the firm. In this capacity he will manage
the company's operations, and the expansion and diversification of the
Jonathan Rose Companies' nationwide portfolio. The announcement was
made by Jonathan F.P. Rose, the company's president.
Photo - http://photos.prnewswire.com/prnh/20140402/PH95809
The Jonathan Rose Companies is undergoing a period of rapid growth and
poised for further investments in 2014.
"Mike Daly is an outstanding real estate professional who brings
tremendous experience and leadership skills to the company, as well as
someone who shares our passion and mission for creating extraordinary
communities of opportunity," Mr. Rose said. "As Jonathan Rose
Companies continues to expand our development and acquisition
portfolio, we are excited to add his knowledge and experienced to our
growing team."
Most recently, as President of Forest City Enterprises' affiliate Mesa
del Sol, Mr. Daly was responsible for the overall master plan and
development for a 9,000-acre, new urbanism mixed-use project in
Albuquerque, NM that will ultimately include 38,000 homes and 18
million square feet of commercial development. Prior to that, he
founded Sterling Glen Communities, a joint venture with Forest City
Enterprises created to develop, own and manage luxury senior housing.
At completion, the portfolio included 11 buildings, over 1,200
residents and employed more than 800 people. Ultimately, the company
was sold to Lazard Feres (Atria Senior Living). Daly started his real
estate career working at Forest City Ratner Companies, where he
responsible for leasing and development of the firm's commercial
properties in Brooklyn and Manhattan.
"I'm looking forward to working with Jonathan Rose and his talented
team," said Daly. "The company has a tremendous track record of
acquiring, developing and managing affordable and mixed use housing
as well as office buildings, all while maintaining their build green
approach to real estate development. This is a great opportunity to
work with the industry leader on harvesting value from the existing
portfolio, growing the asset base of the company and continuing to
diversify its development program."
About Jonathan Rose Companies, Inc.:
Jonathan Rose Companies, Inc. is an award-winning real estate
investment, development and project management firm whose mission is
to repair the fabric of communities. The firm is nationally recognized
for its ability to achieve visionary goals through practical,
duplicable strategies. The firm acquires and develops
transit-oriented, green, mixed-income residential, innovative office,
civic, education and health serving projects. Jonathan Rose Companies
has developed more than $1.5 billion of real estate projects from
offices in New York, Connecticut, Colorado, the Pacific Northwest and
New Mexico. For more information, visit www.rosecompanies.com.
CONTACT:
Great Ink Communications - 212-741-2977 Roxanne Donovan: Email Eric
Gerard: Email
Read more news from Jonathan Rose Companies, LLC.
SOURCE Jonathan Rose Companies, LLC
-0- 04/02/2014
/Photo: http://photos.prnewswire.com/prnh/20140402/PH95809
PRN Photo Desk, photodesk@prnewswire.com
/Web Site: http://www.rosecompanies.com
CO: Jonathan Rose Companies, LLC
ST: New York
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-- PH95809 --
0000 04/02/2014 12:35:00 EDT http://www.prnewswire.com
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