Thrifts and Mortgage Finance
Company Overview of LNR Property LLC
LNR Property LLC operates as a diversified real estate investment, finance, management, and development company. It offers commercial mortgage services; commercial mortgage backed securities and commercial real estate debt investing services; and financing to borrowers owning or acquiring commercial real estate assets in various property types, including office, retail, hotel, industrial, and multifamily in the United States and Europe. The company was founded in 1997 and is based in Miami Beach, Florida with locations in Charlotte, North Carolina; Frankfurt, Germany; London, United Kingdom; Miami Beach, Florida; and New York. LNR Property LLC is a former subsidiary of LNR Property Holdings ...
1601 Washington Avenue
Miami Beach, FL 33139
Founded in 1997
Key Executives for LNR Property LLC
President and Chief Financial Officer
Chief Executive Officer of Vornado Realty Trust and President of Vornado Realty Trust
Chief Investment Officer, Vice President and Co-President of Real Estate Finance & Servicing Group
Vice President and President of U S Commercial Property Group
Co-President of U.S. Servicing Division
Compensation as of Fiscal Year 2014.
LNR Property LLC Key Developments
Eastland Mall On the Block
Feb 25 15
LNR Property LLC has put up for sale Eastland Mall. The asking price is set at $5 million. The sale on auction.com begins on March 24, 2015 and will end two days later. "The mall is attracting a lot of interest from regional and national mall owners," said Thomas Dobrowski of Newmark Grubb Knight Frank, the listing agent for Eastland Mall. The Columbus Dispatch added that officials of LNR were not available for comment.
LNR Property LLC Announces Management Changes
May 3 13
LNR Property LLC's co-CEOs have both resigned in the week since Starwood Property Trust Inc. and Starwood Capital Group Management LLC completed their acquisition of the company April 22, 2013. Tobin Cobb and Justin Kennedy stepped down from the helm of LNR Property after consulting with Starwood Property and Starwood Capital CEO Barry Sternlicht. The move is indicative of Starwood Property's plan to integrate LNR Property's business into its own existing operations rather than operate it as a separate unit. Cory Olson, LNR Property's COO, was promoted to president, now the top spot at the company.
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