NAREIM Board Member Preston Sargent to Lead Bailard Real Estate
FOSTER CITY, CALIFORNIA, August 6, 2014 ‚Äî Bailard, Inc. is pleased to announce Preston Sargent as President and Chief Executive Officer of the firm‚Äôs private equity real estate vehicle. In his role, Preston will head the Bailard real estate team, joining Henry S. Newhall, the private real estate vehicle‚Äôs Chief Operating Officer; the real estate Board of Directors chaired by firm co-founder, Thomas E. Bailard; and Ronald W. Kaiser, CRE, Director of Real Estate Research. Preston brings over 30 years‚Äô experience in the real estate investment and advisory business. Prior to joining Bailard, Sargent was an Executive Vice President and Principal at Kennedy Associates (now Bentall Kennedy). He was a member of the firm‚Äôs Executive and Investment committees and the Portfolio Manager for Kennedy‚Äôs $8BN Open End Diversified Core Equity fund. Before Kennedy, Sargent was a Vice President and Regional Team Leader at GE Investments where he bought, financed, sold and/or managed approximately $2BN in assets across all property types. He has held positions in acquisitions, asset management and debt workout at Aetna Realty Investors, William Blair Realty and LaSalle Partners. Preston is an active member of the Urban Land Institute and the National Association of Real Estate Investment Managers (NAREIM), where he has served on the Board of Directors since 2013. Over the past 20 years he has been a frequent speaker, moderator and panelist at industry conferences, a guest lecturer at graduate programs of Columbia University and the University of Washington, and a judge at University of Texas Graduate School‚Äôs annual National Real Estate Challenge. He holds a JD Degree from Case Western Reserve University and a BA Degree from Colorado College. ‚ÄúI am delighted to be a member of the Bailard team,‚Äù said Sargent. ‚ÄúI continue to be impressed with the firm‚Äôs unyielding commitment to client service, fiduciary best practices, and innovative investment strategies and products. It is a distinct privilege to join the investment professionals at Bailard and have an opportunity to contribute to the growth and success of Bailard and its clients.‚Äù ‚ÄúPreston brings a crucial combination of experience, expertise and energy to enhance our real estate offering,‚Äù said Peter Hill, Bailard‚Äôs Chairman and Chief Executive Officer. ‚ÄúWe are excited and honored that Preston has joined Bailard.‚Äù About Bailard Bailard, Inc. is an employee-owned investment firm, proudly serving institutional and private clients worldwide. In its pursuit of investment excellence, Bailard applies its experience and passion for innovation to deliver intelligent, traditional and alternative investment strategies. For more information, please visit www.bailard.com or contact Diana Dessonville, Executive Vice President at Bailard, Inc. (650) 571-5800 or firstname.lastname@example.org.