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AFR CEO Harold Pote Dies Suddenly

JENKINTOWN, PA-Pote, credited with bringing transparency and discipline to the financial specialty REIT in his 10-month tenure, dies unexpectedly.

By Marita Thomas | Updated on June 28, 2007

JENKINTOWN, PA-Harold Pote, president and CEO of American Financial Realty Trust, has died suddenly and unexpectedly while vacationing in Turkey with his wife. The details of his death are unclear, but an AFR spokesman tells GlobeSt.com it involved a boating accident.

The company’s board has established an interim office of the president, which consists of Glenn Blumenthal, COO; Edward Matey, general council; and David Nettina, CFO. They will report to the board and to Lewis Ranieri, chairman.

“It is with profound sadness that we announce the passing of our friend and colleague, Hal Pote,” says Ranieri in a statement. “Our whole AFR family mourns this tragic loss, and our thoughts and prayers are with his family and friends during this difficult time.”

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