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Thursday, 24 February 2000

New Plan Excel Names Glenn Rufrano CEO and President

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February 25, 2000

NEW YORK – New Plan Excel Realty Trust Inc. (NYSE:NXL) has named Glenn J. Rufrano, a partner and president of The O'Connor Group, chief executive and president of the company.

Rufrano succeeds Arnold Laubich, who will retire as both CEO and president.

Rufrano will be nominated to serve as a member of the company's board of directors at the annual shareholders on May 31.

He will become a member of the company's Investment Committee, effective immediately.

Laubich will retain his seat on the board and remain at the company for the next thirty days as a full-time consultant to Rufrano, and thereafter, for six months, as a part-time consultant.

In addition, the board of directors has agreed that by September 2001 a majority of the board will be composed of outside directors.

Rufrano has been a partner of the O'Connor Group for over seventeen years and most recently its president. His responsibilities included the investment and management of three private equity funds, as well as client service/marketing and finance activities.

He also was co-chairman of The Peabody Group, an association between The O'Connor Group and J.P. Morgan & Co. Inc.



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Additional Info

  • Syndicate to Realpoint: No
  • Subject: Executive Changes-CMBS (EXEC)
  • Company: Newhall Land and Farming Co.
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Data Digest

 

CMBS DELINQUENCY VOLUME

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CMBS SPECIAL SERVICING VOLUME

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Top Bookrunners Domestic, Private-Label CMBS - 2017
Investment Bank #Deals Vol$mln MktShr%
Goldman Sachs 17.59 11,819.34 13.68
JPMorgan Securities 14.52 10,968.11 12.70
Citigroup 12.04 10,012.71 11.59
Wells Fargo Securities 14.02 9,936.06 11.50
Deutsche Bank 12.55 9,879.74 11.44

 

RCA CPPI

 

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CMBS 2.0 Spreads

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Top CMBS Loan Contributors - 2017
Lender #Loans Vol$mln MktShr%
Goldman Sachs 146.89 11,719.34 13.63
JPMorgan Chase Bank 117.68 10,114.14 11.76
Deutsche Bank 198.48 9,689.97 11.27
Morgan Stanley 166.18 8,539.78 9.93
Citigroup 199.05 8,088.24 9.41

 

 

 

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