Ronald Schrager was appointed chief operating officer of LNR. He has been with the company for 11 years, and for the last six years, he has been president of the Real Estate Finance and Servicing Division, which manages LNR's special servicing and commercial mortgage-backed securities investments.
Robert Cherry has been appointed chief investment officer of LNR. For the past eight years, Cherry mainly has been responsible for acquiring and financing LNR's commercial mortgage-backed securities and high-yield real estate debt investments.
David Team has been named president of the U.S. Commercial Property Group, where he will manage LNR's domestic investments in real estate. Before this job, Team managed the company's western regional commercial property operations for the last nine years.
Mark Griffith, who has relocated to London, was named president of LNR's European operations, which includes offices in Paris and London. Griffith will focus on debt and equity investments in commercial real estate. He has worked for the company for 13 years. For the past nine years, he has managed the company's eastern regional commercial property operations.
"These management changes reflect the significant talents of these individuals and the contributions they have made during LNR's formative years and to our growth over the past decade," Jeffrey Krasnoff, president and CEO of LNR, say
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