Jeffrey B. Granoff Joins Parmenter Realty Partners As Chief Financial Officer

FOR IMMEDIATE RELEASE

Contact: Ellen Wisniewski
Telephone: (305) 379-7500
Email: mediarelations@parmco.com

Jeffrey B. Granoff Joins Parmenter Realty Partners As Chief Financial Officer

MIAMI, Fla., January 28, 2014 – Parmenter Realty Partners hires Jeffrey B. Granoff as Chief Financial Officer. Granoff has over 17 years of experience in real estate, and will be responsible for accounting, finance, portfolio valuation, tax and treasury operations as well as maintaining compliance with respect to Parmenter Realty Partners’ REITs and its subsidiaries. He will also be a member of the firm’s investment committee.

“We are honored to have Jeff join our team,” said Darryl Parmenter, Chairman and CEO at Parmenter Realty Partners. “Jeff’s impressive track record and international experience will be a tremendous asset as we begin a new and exciting chapter in our company’s history. Jeff’s proven ability in financial planning and improving processes will be extremely beneficial as he leads our finance team.”

Granoff comes from Clairvue Capital Partners where he was a Principal focused on valuing and acquiring real estate fund and joint venture partnership interests on a secondary basis, as well as providing entity level capital and negotiating loan documents to real estate fund managers and operating companies. Before that, Granoff held positions at Prudential Real Estate Investors (“PREI”), Arcapita, Inc., and Morgan Stanley in New York and Asia.

“I am looking forward to working with the Parmenter team. The company has built something really special, and I wanted to find something where there is a lot of growth,” said Granoff.

Parmenter Realty Partners is a real estate investment, management and development company, headquartered in Miami, Florida, with regional offices in Dallas, Atlanta and Washington, D.C. Parmenter operates a series of institutional investment funds focused on the southeast, southwest and DC Metro regions of the U.S.

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For more information on this topic please contact Parmenter Media Relations by calling (305) 379-7500 or via e-mail at MediaRelations@parmco.com.