General Investing >> Money Manager Interviews >> September 5, 2011

Investing In Barrier And Rotational Real Estate – David J. Reilly – Cornerstone Real Estate Advisers Llc

David J. Reilly is President and CEO of Cornerstone Real Estate Advisers LLC. He is responsible for all facets of Cornerstone's operations, including chairing the investment committee. His career in real estate spans more than 30 years, with extensive experience in asset and portfolio management, acquisitions and dispositions, and operations. His experience includes all institutional property types, including hotels, office, industrial, residential and retail. Prior to joining Cornerstone in 1995, Mr. Reilly was President of Mellon/McMahan Real Estate Advisors, a real estate pension fund adviser managing portfolios of wholly owned and leveraged properties valued at approximately $2 billion. In this capacity, Mr. Reilly was responsible for the operations of the company, including asset management, acquisitions and dispositions. From 1978 through 1992, Mr. Reilly was a Managing Director for Aetna Realty Investors, a wholly owned subsidiary of Aetna life and casualty. He was responsible for asset management and dispositions for portfolios of real estate valued in excess of $3 billion. He was also a Senior Member of the investment committee. Prior to joining Aetna Realty Investors, Mr. Reilly served as Vice President of HNC Mortgage and Realty Investors REIT. Mr. Reilly received his B.S. in business from Boston College. He has been a Member of the Urban Land Institute, the International Council of Shopping Centers and served on the board of directors of the National Association of Real Estate Investment Managers. Profile
TWST: Please give us a history and overview of Cornerstone Real Estate Advisers.

Mr. Reilly: Cornerstone Real Estate Advisers was founded in 1994 as a subsidiary of Massachusetts Mutual Life Insurance