October 18, 2017 4:43 AM ET

Real Estate Management and Development

Company Overview of R&B Realty Group, LP

Company Overview

R&B Realty Group, LP, doing business as Oakwood Worldwide, engages in managing and operating apartments and homes in the United States and internationally. It offers serviced apartments and furnished apartments. The company also provides relocation housing solutions, government lodging solutions, insurance housing solutions, entertainment housing solutions, and housing solutions for business travelers and consultants. R&B Realty Group, LP was formerly known as R&B Enterprises Inc. and changed its name to R&B Realty Group, LP in 1960. The company is based in Los Angeles, California with additional offices globally.

2222 Corinth Avenue

Los Angeles, CA 90064

United States





Key Executives for R&B Realty Group, LP

Chief Executive Officer
Chief Financial Officer
Chief Investments Officer and Senior Vice President
Chief Information Officer and Senior Vice President
Compensation as of Fiscal Year 2017.

R&B Realty Group, LP Key Developments

Oakwood Worldwide Announces Executive Appointments

Oakwood Worldwide announced the appointment of Justin Pateman as chief financial officer and Wen De Tam as head of investment and asset management. Bringing along their strong expertise to the executive team of the company, Pateman and Tam will report directly to Chief Executive Officer Chris Ahearn. Pateman has worked with Oakwood Worldwide since 2016, where he has held both global and EMEA (Europe, the Middle East, Africa) finance roles, and helped to develop the company's strategy plans. Since 2015, Tam has worked with Oakwood Worldwide as part of the collaboration with Singapore-based company, Mapletree Investments, prior to the acquisition in February 2017.

Oakwood Worldwide Announces Executive Changes

Mapletree Investments Pte Ltd. announced that it has acquired Oakwood Worldwide. The acquisition covers all of Oakwood's global operations. Mapletree also announced the appointment of Mr. Christopher Ahearn as Oakwood's Chief Executive Officer ("CEO") with immediate effect. Oakwood's Founder and Chairman Mr. Howard Ruby will assume the non-executive role of Chairman Emeritus at Oakwood, where he will serve in an advisory role to Oakwood on the corporate housing business.

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