REIT CEO Raiman Named to Liberty Property Trust Board

WAYNE, PA—Liberty Property Trust has named Lawrence D. Raiman, managing principal, chief executive officer and portfolio manager of LDR Capital Management, to its board of trustees.

Raiman will serve on the board’s Corporate Governance and Nominating Committee, as well as the Compensation Committee. With Raiman’s appointment, the Liberty board now comprises 10 trustees, nine of whom are independent.

“Liberty is thrilled to add a leader of Larry’s caliber to the board of trustees,” says Bill Hankowsky, chairman and chief executive officer. “Larry is a REIT industry veteran who brings to Liberty nearly 30 years of leadership, investment and analytical experience in the sector. We look forward to leveraging his expertise and perspective as a real estate investor as we capitalize on the opportunities afforded by the industrial markets and our repositioned industrial platform.”

LDR Capital Management is an asset management firm that manages a number of strategies focused on real estate and preferred securities on behalf of institutions and high net worth investors. Before founding LDR Capital Management in 2011, Raiman was managing director at Credit Suisse Group, and also ran the firm’s Global Real Estate Securities business, managing $2.6 billion on behalf of investors. He previously was the head of real estate and REIT research at Credit Suisse, and earlier in his career, was a top-rated REIT industry analyst with Donaldson, Lufkin & Jenrette and PaineWebber.

He is a certified public accountant and a member of the National Association of Real Estate Investment Trusts, the International Council of Shopping Centers, and the Urban Land Institute.

Raiman holds an MBA from Columbia Business School and a BS from The Pennsylvania State University.