NEW YORK, July 27 /PRNewswire/ -- SL Green Realty Corp. (NYSE: SLG) today
announced that Marc Holliday, 32, has joined the Company as Chief Investment
Officer, reporting directly to Chairman and Chief Executive Officer, Stephen
Green.
In his new position, Mr. Holliday, a former Managing Director and Head of
Direct Originations for New York-based Capital Trust (NYSE: CT), will be
responsible for all of SL Green's investment activities, including property
and portfolio acquisitions and joint venture opportunities. Mr. Holliday will
work closely with SL Green's President, David Nettina, in the financing of SL
Green's investment activities including arranging sources of debt and equity
capital.
While at Capital Trust, a specialty real estate finance company, Mr.
Holliday was in charge of originating direct principal investments for the
firm, consisting of mezzanine debt, preferred equity and first mortgage bridge
loans. Most notably, since July 1997, Mr. Holliday was responsible for the
origination of approximately $450 million of debt and preferred equity
investments, $260 million of which involved properties located in Manhattan.
From January 1991 to June 1997, Mr. Holliday served in various management
positions, including Senior Vice President, at New York-based Victor Capital
Group -- a private real estate investment bank specializing in advisory
services, investment management and debt and equity placements. While there,
Mr. Holliday was chiefly responsible for the strategic management and
resolution of over $250 million of debt on behalf of the firm and its
investors. Additionally, he played an integral role in the restructuring and
repositioning of over $3 billion of troubled assets for the firm's
institutional clients.
Stephen Green, Chairman and Chief Executive Officer of SL Green,
commented, "I first got to know Marc when he was at Victor Capital Group,
where he played the key role as the firm's strategic advisor during SL Green's
extremely successful initial public offering. Based on that experience, I
believe Marc's creativity and expertise will be a perfect fit with the Company
and fuel our continued growth and expansion."
Mr. Holliday received a Bachelor of Science degree in Business and Finance
from Lehigh University in 1988, as well as a Master of Science degree in Real
Estate Development from Columbia University in 1990. He resides in Scarsdale,
New York.
SL Green Realty Corp. is a fully integrated, self-administered and self-
managed real estate investment trust ("REIT") which primarily owns, manages,
leases, acquires and repositions Class B office properties in Manhattan.
SOURCE SL Green Realty Corp.
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Related links:
http://www.slgreen.com
CONTACT:
Stephen Green, Chairman & CEO, or David
Nettina, President & COO, 212-594-2700, both of SL Green Realty
Corp.; or General Info, Paula Schwartz & Michael Lawson, Analyst
Info, Pamela King, or Media Info, Alicia Nieva-Woodgate,
212-661-8030, all of The Financial Relations Board
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