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JER unveils trio of appointments

The Virginia-based private equity firm hires two professionals from UBS and Citigroup to help expand its global real estate funds, and a third exec from Starwood to help bolster its North American operations.

JER Partners, the Virginia-based private equity real estate firm, has hired a trio of professionals in an effort to bolster its activities in North America and globally.

Jim Green and Mark Chamieh have been appointed managing directors responsible for raising capital for the firm’s global private equity real estate funds. Both will report to JER president and former GE Real Estate chief executive Michael Pralle.

Green, who will be based in New York, was previously global head of marketing at Citigroup Property Investors and prior to that a principal at AEW Capital Management. Chamieh, to be based in London, will join JER in May from UBS Global Asset Management where he was head of global business development. Prior to UBS, Chamieh was head of business development for Lend Lease Real Estate Investments covering Europe, the Middle East and Africa.

Pralle said JER was in the midst of growing both geographically and in terms of the diversity of its vehicles, adding in a statement: “Jim and Mark are seasoned professionals whose experience and expertise will be instrumental in helping drive that growth.”

The third appointment at JER was Dwight Arnesen, former managing director of North America acquisitions at Starwood Capital Group, who was named managing director of US Fund Investment Management.

Arnesen, to be based in New York, will help JER’s drive with distressed properties in the US, according to the statement. Pralle added: “His transaction experience and real estate expertise across asset classes and market cycles will benefit JER, our investors and partners.”

JER’s parent company, JE Robert Companies, also announced the appointment of Brent Feigenbaum as chief marketing officer responsible for public relations and marketing. He was previously marketing director for GE Real Estate.