Urban Edge Properties names new Chief Investment Officer
Urban Edge Properties, a real estate investment trust that owns, operates and develops retail properties in high-barrier-to-entry markets, on Friday announced the appointment of Herbert Eilberg to the position of Chief Investment Officer.
Eilberg, 38, was most recently Senior Vice President, Acquisitions at Acadia Realty Trust, where he served as a member of the acquisitions team. Prior to that he worked in the real estate acquisition departments of The Milestone Group, Perry Capital and Soros Real Estate Partners.
"Herb has a proven track record of sourcing acquisitions in the New York metropolitan region and we are extremely excited that he is joining our management team," said Jeffrey Olson, Urban Edge’s Chairman and Chief Executive Officer. "We expect that Herb’s experience and leadership will bring exciting new investment opportunities to our company."
Urban Edge also announced that Matthew Iocco, Executive Vice President and Chief Accounting Officer of Vornado Realty Trust will resign from his role as Interim Chief Financial Officer of Urban Edge effective as of the date Mr. Langer takes office.
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