Inland American Real Estate Trust, Inc. (Inland American), today
announced that Christopher L. Covey has joined the company as senior
vice president of transactions, responsible for guiding the company’s
acquisition and disposition teams and helping to shape Inland American’s
strategy going forward.
Mr. Covey brings 25 years of extensive experience in the retail real
estate sector, with a focus on transaction structures, due diligence and
negotiations. Prior to joining Inland American, Mr. Covey served as
managing director, acquisitions for Kimco Realty Corporation (NYSE: KIM)
from 2002 through 2014. Previously, he was a director/investment officer
for the central southeast regions for Heller Financial, Inc.
"Chris is a great addition to the Inland American transactions team,"
said Michael Podboy, executive vice president of transactions for Inland
American. "Chris’s ability to identify and analyze retail investment
opportunities and transactions will play a critical role as Inland
American continues to evolve our retail portfolio."
"This is an exciting time to be joining Inland American. I am looking
forward to partnering with Michael and the rest of the transaction team
to enhance our portfolio with high-quality retail assets in our target
markets to create additional shareholder value and returns,” Mr. Covey
said.
Mr. Covey received a bachelors of science degree in both accountancy and
finance from the University of Illinois in Urbana-Champaign.
About Inland American Real Estate Trust, Inc.
Inland American Real Estate Trust, Inc. focuses on acquiring and
developing a diversified portfolio of commercial real estate located in
the United States. The company also invests in joint ventures,
development projects, real estate loans and marketable securities. As of
March 31, 2014 Inland American owned 281 properties, representing
approximately 24 million square feet of retail, industrial and office
properties, 8,286 student housing beds and 20,093 hotel rooms. For
further information regarding Inland American, please refer to the
company website at www.inlandamerican.com.
Copyright Business Wire 2014