GOLDRICH KEST APPOINTS NEW VP OF ASSET MANAGEMENT

Culver City resident Christopher Greenspan has been appointed Vice President of Asset Management for Goldrich Kest, one of Southern California's largest privately owned real estate investors, developers, asset and property managers, announced Managing Director of Investments Richard Hawthorne. In that capacity, he will be responsible for overseeing the optimization of the company's portfolio and will lead an 11 member team who will work collaboratively with other departments to ensure that Goldrich Kest assets are well positioned in the market.

Christopher's real estate experience spans over two decades and, most recently, he enjoyed a stellar career specializing in asset management," says Hawthorne. "We are excited to welcome aboard this consummate professional and look forward to his contributions as Goldrich Kest continues building its portfolio and expansion within California and new markets across the country.

Prior to joining Goldrich Kest, Greenspan was Senior Vice President of an Orange County real estate investment, management and development company where his duties closely resembled his current responsibilities. Before that, the USC graduate spent nearly a decade as a director of asset management for a $2 billion+ company specializing in multifamily properties. He is a member of the Urban Land Institute and a licensed California real estate professional.

Goldrich Kest is a privately owned, family-run business that can trace its origins back more than 65 years to two entrepreneurs, Jona Goldrich and Sol Kest, holocaust survivors who parlayed their meager savings into an empire. Today, the second generation of the Goldrich and Kest families, referred to within the company as "G2," continue to build upon its ever-expanding portfolio of residential, commercial, industrial, and retail projects. Among them are 124 apartment buildings with 14,004 units, 5 marinas, 22 senior living facilities with 4,168 beds, and, scattered throughout the US, more than 7 million square feet of commercial, industrial, and retail space. Over half of its apartment buildings accommodate low-income families.