Financial Services >> CEO Interviews >> November 4, 2016
Interview with the President and CEO: Washington Real Estate Investment Trust (NYSE:WRE)
Paul T. McDermott was elected to the board of trustees, and named President and Chief Executive Officer of Washington Real Estate Investment Trust in October 2013. Prior to joining Washington REIT, he was Senior Vice President and Managing Director for Rockefeller Group Investment Management Corp., a wholly owned subsidiary of Mitsubishi Estate Co., Ltd. from June 2010 to September 2013. Prior to joining the Rockefeller Group, he served from 2006 to 2010 as Principal and Chief Transaction Officer at PNC Realty Investors. Between 2002 and 2006, Mr. McDermott held two primary officer roles at Freddie Mac: Chief Credit Officer of the Multifamily Division, and Head of Multifamily Structured Finance and Affordable Housing. From 1997 to 2002, he served as Head of the Washington, D.C. Region for Lend Lease Real Estate Investments. Profile
TWST: Let’s start with a bit of background and history on the company to familiarize readers with Washington REIT.