{"id":1004157292,"date":"2016-10-28T07:02:57","date_gmt":"2016-10-28T15:02:57","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004157292"},"modified":"2020-05-11T02:54:46","modified_gmt":"2020-05-11T10:54:46","slug":"robert-gifford-joins-rpais-board-of-directors","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/robert-gifford-joins-rpais-board-of-directors\/","title":{"rendered":"Robert Gifford Joins RPAI\u2019s Board of Directors"},"content":{"rendered":"

by Csilla Borsos<\/em><\/p>\n

\"Robert<\/a>

Robert Gifford<\/p><\/div>\n

Oak Brook, Ill.\u2014<\/strong>Retail Properties of America Inc.<\/a> appointed Robert Gifford, director of Lehman Brothers Holdings Inc., to RPAI\u2019s Board of Directors. Gifford is also an active member of the Urban Land Institute.<\/p>\n

“With our recently announced intent to complete the execution of our strategic plan by the end of 2018 and to create value through redevelopment opportunities, Mr. Gifford’s extensive background in real estate and years of experience in creating strategic growth opportunities will serve to benefit the Company as we further enhance the long-term value proposition for our shareholders,” said Steven Grimes, president & CEO of RPAI, in prepared remarks.<\/p>\n

The industry professional is the former president & CEO of AIG<\/a> Global Real Estate where he executed the wind-down of the legacy real estate assets under management worth $20 billion. Also, he strategically rebuilt the company’s real estate investment platform with a focus on development and value-add purchases. Prior to this, he was responsible for AEW Capital Management<\/a>‘s opportunistic investment strategy from his position as principal.<\/p>\n

Here, Gifford also structured and marketed specialized REIT funds, and lead a $2 billion recapitalization of a super regional shopping center<\/a> portfolio.<\/p>\n

Image via LinkedIn<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Gifford was president & CEO of AIG Global Real Estate, as well as a principal with AEW Capital Management, where he focused on value-add acquisitions.<\/p>\n","protected":false},"author":1020,"featured_media":1004157300,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1491,13,21742,21744],"tags":[],"class_list":["post-1004157292","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chicago","category-midwest","category-latest","category-people"],"acf":[],"yoast_head":"\nRobert Gifford Joins RPAI\u2019s Board of Directors - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/robert-gifford-joins-rpais-board-of-directors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Robert Gifford Joins RPAI\u2019s Board of Directors\" \/>\n<meta property=\"og:description\" content=\"Gifford was president & CEO of AIG Global Real Estate, as well as a principal with AEW Capital Management, where he focused on value-add acquisitions.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/robert-gifford-joins-rpais-board-of-directors\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-10-28T15:02:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-11T10:54:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/Robert-Gifford.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"321\" \/>\n\t<meta property=\"og:image:height\" content=\"321\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Csilla Borsos\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/robert-gifford-joins-rpais-board-of-directors\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/robert-gifford-joins-rpais-board-of-directors\/\",\"name\":\"Robert Gifford Joins RPAI\u2019s Board of Directors - 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