SARASOTA, Fla., Feb. 26, 2018 (GLOBE NEWSWIRE) -- HC Government Realty Trust, Inc. (HCGRT) today announced the appointment of Elise A. Liftin, CPM, as its new Real Estate Portfolio Manager. Ms. Liftin is responsible for the management of the Company’s single tenant properties leased to the United States of America, administered by the General Services Administration (“GSA”) and occupied by diverse federal government agencies.
Liftin brings to HCGRT, more than three decades of hands-on involvement in all areas of commercial property management with a deep expertise in the federal government real estate space. This includes a strong emphasis on tenant relations, tenant improvements, vendor procurement and management, and successfully negotiating lease renewals. In her new role as Real Estate Portfolio Manager, she will oversee operations, financial management, tenant improvement projects and serve as liaison to the tenant agencies and the Contracting Officers at GSA for the Company’s growing portfolio of properties nationwide. She will focus on maximizing the revenue and operating performance of each property, while delivering best-in-class services to federal government tenants. She will report to Edwin M. Stanton, HCGRT’s Co-Founder, Director & CEO and be based at the Company’s Sarasota, Florida headquarters.
“Elise’s unique experience and proactive approach makes her the right person to optimize the performance of our assets and satisfy our tenants’ needs,” Stanton said. “Her specialized industry know-how of managing more than half a billion square feet of federal government leased facilities across 20 properties and occupied by a diverse mix of agencies, should prove invaluable to our current and growing portfolio. We are thrilled to have her join the HCGRT team.”
“I am proud to become a part of a Company that consistently delivers outstanding property services for some of the most important and influential government agencies. In HCGRT, I see tremendous opportunities for growth and believe my background and skillsets will complement the efforts underway to deliver best-in-class services,” Liftin said. “For me this is an opportunity that will allow me to draw on all my experience in and passion for property management.”
Before joining HCGRT, Liftin was Senior Property Manager at Aeroterm, a nationwide owner and manager of property at airports and similar facilities. Prior to that she was Senior Regional Manager at Trigild, a national commercial property manager. Previously she served as Property/Project Manager for JFK/IAT which handled a complex facilities development at New York’s JFK airport; Director of Office Assets at CB Richard Ellis, the world’s largest commercial real estate services and investment firm; and AMB Property, a manager of industrial and warehousing properties. Liftin began her career at Halmar Equities, a real estate company, where she rose to Director of Property Management. She holds a bachelor’s degree from Iona College.
About HC Government Realty Trust, Inc.
HC Government Realty Trust, Inc. was formed in 2016 with the purpose of acquiring and operating GSA properties, which are full-faith credit obligations of the U.S. Government. GSA-leased real estate asset classes typically possess a highly stable tenant base, long-term lease structures and low risk of tenant turnover. The Company’s initial portfolio consists of U.S. Government tenant agencies, including a number of the U.S. Government’s largest and most essential agencies, such as the Drug Enforcement Administration, the Federal Bureau of Investigation, the Social Security Administration and the Department of Transportation. For more information, please visit our corporate website at www.hcgovtrust.com.
About this Press Release
This press release is neither an offer to sell nor a solicitation of an offer to buy any securities of the Company, including without limitation the common stock. Any such offer is made exclusively through the Company’s offering circular dated December 18, 2017, as the same may be amended or supplemented (the “Offering Circular”). The Offering Circular is available at: https://www.sec.gov/Archives/edgar/data/1670010/000165495417011724/hcgr_253g2.htm.
Forward-Looking Statements
We make statements in this press release that are considered “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), which are usually identified by the use of words such as “anticipates,” “believes,” “estimates,” “expects,” “intends,” “may,” “plans,” “projects,” “seeks,” “should,” “will,” and variations of such words or similar expressions. We intend for these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and are including this statement in this press release for purposes of complying with those safe harbor provisions. These forward-looking statements reflect our current views about our plans, intentions, expectations, strategies and prospects, which are based on the information currently available to us and on assumptions we have made. Although we believe that our plans, intentions, expectations, strategies and prospects as reflected in or suggested by those forward-looking statements are reasonable, we can give no assurance that the plans, intentions, expectations or strategies will be attained or achieved. Furthermore, actual results may differ materially from those described in the forward-looking statements and will be affected by a variety of risks and factors that are beyond our control. For further discussion of the factors that could affect outcomes, please refer to the risk factors set forth in the “Risk Factors” section of the Final Offering Circular. We assume no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
Liquidity Risk
An investment in HC Government Realty Trust, Inc. has a high degree of risk including the lack of a listed market for its securities, as well as other risks common to Regulation A+ investments generally, including, but not limited to, a small equity market capitalization and lack of public float, which may impair its liquidity. Consequently investors in HC Government Realty Trust, Inc. may lose some or all of their investments.
Investor Relations Contact: | Media Relations Contact: | |
Glenn Wiener, GW Communications | Steve Hoechster, GW Communications | |
Tel: 212-786-6011 | Tel: 212-786-6015 | |
Email: gwiener@GWCco.com | Email: shoechster@GWCco.com |