Press Releases


<p><b>PHILADELPHIA, Pa. – (May 5, 2010) – </b>BPG Properties, Ltd., (“BPG”) one of the nation’s leading private equity real estate fund managers, announced today the appointment of Joseph G. Nahas, Jr. to Vice President of Institutional Marketing and Investor Relations. In this role, Mr. Nahas will be responsible for institutional capital raising and serve as the firm’s primary point of contact for its over 100 institutional investor/partners. Mr. Nahas is replacing Holly Reynolds who has been in this role for six years and is relocating with her family.</p> <p>“With his over 27 years of commercial real estate experience which includes eleven years with BPG, Joe is a perfect fit for this important position within our firm,” said Daniel M. DiLella, President and CEO of BPG.</p> <p>Mr. Nahas will be transitioning from his role as Vice President of Dispositions, where he oversaw all of the real estate sales activity for BPG. Prior to joining BPG in 1999, Mr. Nahas was the Chief Operating Officer for Atlantic American Properties Inc., a private REIT formed from the acquisition of the majority of Bell Atlantic Properties Inc.’s investment holdings, where for seven years he was responsible for acquisitions, dispositions and day to day operations of those firms.</p> <p>Prior to that Mr. Nahas held various positions at Radnor Corporation, Sun Company’s real estate subsidiary, including acquisition, development and sales roles. He began his career at Helmsley Greenfield Inc. and also worked at Strouse, Greenberg Financial Corporation and Provident Mutual Life Insurance Co.</p> <p>Mr. Nahas is a licensed real estate broker in Pennsylvania and New Jersey. He holds an M.B.A. in Real Estate Finance (1983) and a B.B.A. in Economics (1980) from Temple University. He is a member of the Counselors of Real Estate serving as the 2010 Chair of the Education Committee and a member of its Executive Committee.</p> <p>Mr. Nahas is active in numerous civic and charitable organizations.</p> <b>About BPG Properties, Ltd.</b><br> BPG Properties, Ltd. is one of the nation’s leading private equity real estate fund managers. BPG’s portfolio consists of over 25 million square feet of office, retail, student housing, and industrial properties and more than 24,000 apartment units in more than 100 communities located throughout the United States. The firm is headquartered in the Philadelphia area with regional offices in Los Angeles, Chicago, Washington DC, Boston, Atlanta and Raleigh-Durham. For additional information, please visit the company’s website at <p> <b>For additional information on BPG Properties, Ltd. please contact:</b><br> Arthur P. Pasquarella, Executive Vice President and Chief Operating Officer, 215-575-2432