JERSEY CITY, NJ—Jonathan Litt, founder and CEO of Land and Buildings, an equity fund that invests in REITs and other real estate, has resigned from the board of directors of Mack-Cali Realty Corp., the company said Monday. Litt resigned effective August 18, 2016.
The company went out of its way to say in its statement that “Litt's resignation is not related to any disagreement with the Company's operations, policies, or practices.”
“We thank Jonathan for his two plus years of service to the company. During his tenure with Mack-Cali, the board of directors helped create and guide a new executive leadership team and formulate our new three-year strategic plan,” says Michael J. DeMarco, Mack-Cali president.
Litt's biography on his company's website says he founded Land and Buildings in 2008 “to take advantage of the opportunities uncovered by the global property bubble.” He had previously been a managing director and senior property analyst at Citigroup. Earlier, he had worked at European Investors and BrookHill Properties.
Litt did not respond to a GlobeSt.com email seeking comment.
JERSEY CITY, NJ—Jonathan Litt, founder and CEO of Land and Buildings, an equity fund that invests in REITs and other real estate, has resigned from the board of directors of Mack-Cali Realty Corp., the company said Monday. Litt resigned effective August 18, 2016.
The company went out of its way to say in its statement that “Litt's resignation is not related to any disagreement with the Company's operations, policies, or practices.”
“We thank Jonathan for his two plus years of service to the company. During his tenure with Mack-Cali, the board of directors helped create and guide a new executive leadership team and formulate our new three-year strategic plan,” says Michael J. DeMarco, Mack-Cali president.
Litt's biography on his company's website says he founded Land and Buildings in 2008 “to take advantage of the opportunities uncovered by the global property bubble.” He had previously been a managing director and senior property analyst at
Litt did not respond to a GlobeSt.com email seeking comment.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
