Jeff Sullivan to Head Broe Real Estate Group’s San Francisco Office

DENVER–(BUSINESS WIRE)–Broe Real Estate Group (BREG), a leading investment manager of
commercial real estate assets affiliated with The Broe Group, has
announced that Jeff Sullivan has joined the firm as a Vice President,
and will head the company’s San Francisco office. He will be responsible
for the acquisition and operation of multifamily assets throughout the
Western United States. Mr. Sullivan is also a member of the Management
Committee of BREG.

“I am pleased to welcome Jeff to the Broe Real Estate Group management
team, as he brings significant investment and management experience,
most recently overseeing a $3.4 billion portfolio of multifamily and
mixed-use assets in the San Francisco Bay Area,” said Doug Wells, CEO of
Broe Real Estate Group. We believe that Jeff will further enhance the
strength of the management team, as we seek to continue to grow our

Prior to joining Broe, Mr. Sullivan was an Investment Officer and
Assistant Vice President of Investments for Equity Residential
(NYSE:EQR), a publicly traded REIT focused on the acquisition,
development, and management of high quality multifamily assets. He was
previously a Director of Acquisitions and has acquired in excess of
$2.6B of mixed-use and multifamily assets throughout New York,
Washington DC, San Francisco Bay Area, and Boston. During his tenure at
EQR Mr. Sullivan was also responsible for the underwriting and due
diligence of $5.6B of EQR’s $9B acquisition of Archstone-Smith from
Lehman Brothers. He has previously held positions with JPI Partners and
Jones Lang LaSalle.

About Broe Real Estate Group

Broe Real Estate Group acquires, develops and manages commercial real
estate assets. Affiliated companies own and manage office and industrial
properties, medical office buildings and multi-family communities across
the country, including premier assets in many of the most desirable
markets. For more than 40 years, the company has operated a
comprehensive real estate platform to provide complete solutions to
maximize return on investment. Additional information is available at

About The Broe Group

The Broe Group, based in Denver, Colorado, is a diversified
privately-owned enterprise with a multi-billion asset base. The Broe
Group and its affiliates employ more than 1,000 people directly and
provide employment for countless others through its Great Western
Industrial Park in Northern Colorado. The Broe Group and its affiliates
own and/or manage commercial real estate and other businesses across
North America. Its transportation affiliate, OmniTRAX, Inc., is a
leading transportation services firm with railroad, port and terminal
operations, and is the 2nd largest operator of short-line railroads in
the U.S. Its energy affiliate, Great Western Oil Gas Company, is a top
10 driller in Colorado and among the top 100 drillers in the U.S. The
Broe Group has multiple other investment affiliates, including Three
Leaf Ventures, which is focused on innovative healthcare technology
start-ups. For more information, see

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