Developers Realty (NYSE:DDR)
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From Jul 2019 to Jul 2024
Developers Diversified Realty (NYSE:DDR), a
Cleveland-based real estate investment trust (REIT), and leading owner
and developer of open-air shopping centers, today announced
appointments to the company's 2005 Management Training Class. All
program participants have begun their first rotation in the 18-month
program.
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Joshua Bruff, graduate of Hamilton College.
Hometown: Bloomfield, Connecticut.
Cassandra Cosgrove, graduate of The Ohio State University.
Hometown: Harrisburg, Pennsylvania.
Marianne Robinson, graduate of Brown University.
Hometown: Brookline, Massachusetts.
Andrew Zidar, graduate of Colgate University.
Hometown: Plantation, Florida.
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Developers Diversified launched its Management Training Program
(the program) in 1999 to cultivate young talent into experienced
commercial real estate leaders. "Our goal is to create an internal
source of talent so we rely less on outside hires," said Daniel
Hurwitz, Senior Executive Vice President and Chief Investment Officer
at Developers Diversified, and one of the founders of the program.
"We're developing well-rounded real estate professionals who will lead
our company in the future."
Mr. Hurwitz and David Jacobstein, Developers Diversified's
President, Chief Operating Officer and program co-founder, designed
the 18-month curriculum, which includes six-month rotations in the
company's leasing, development and acquisitions and dispositions
departments.
Developers Diversified conducts extensive on-campus interviews at
the nation's leading universities to find candidates for the program.
"Qualified candidates possess a four-year degree, a keen interest in a
career in the real estate industry, excellent communication and
analytical skills and outstanding leadership abilities. We continue to
be impressed with the exceptional talent level of those interested in
joining our company. We view candidate interest as a high compliment
to Developers Diversified and Northeast Ohio," said Mr. Jacobstein.
To date, the program is accomplishing its intended goals.
Graduates of the program have taken leadership positions with the
company and are today serving as a Leasing Manager running the
Company's Chicago office, Development Director in charge of land
acquisitions for the eastern United States, Director of Leasing for
Caribbean Properties, a 5 million square foot, $1.2 billion portfolio,
New Business Development Manager directing the national ancillary
income program, Development Director for the Eastern Region
responsible for $150 million of new development projects and
Development Director in charge of Expansions and Redevelopments, which
includes 20 projects in 9 states.
For additional information about the program, contact Developers
Diversified's Human Resources Department at 216.755.5500.
Developers Diversified Realty is the nation's leading owner,
developer and manager of market-dominant community centers. Developers
Diversified currently owns and manages over 470 operating and
development properties totaling approximately 107 million square feet
of real estate in 44 states and Puerto Rico. Developers Diversified is
a self-administered and managed real estate investment trust (REIT)
operating as a fully integrated real estate company which acquires,
develops and manages shopping centers. Additional information about
Developers Diversified is available on the Internet at
http://www.ddr.com.