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Press Release, January 04, 2021

ARA Announces New Chief Operating Officer

Los Angeles, California (January 4, 2021) --  American Realty Advisors (ARA) is pleased to announce that Jonas Sylvester will be joining the firm as Chief Operating Officer (COO) effective January 4, 2021. In the role of COO, he will be working closely with ARA’s senior management team in the areas of corporate strategic planning, product development, capital formation, and operational growth. He will also join the firm’s Investment Committee, Operations Committee, and Management Committee.

Prior to joining ARA, Mr. Sylvester served as President of Unico Properties, a 300 person vertically integrated investment manager and operator focused on value-added strategies. At Unico, he led the firm’s geographic and product expansion as it evolved into an established value-add fund manager with a top-quartile track record serving investors in the US, Canada, the UK, Singapore, and South Korea. He worked directly on developing the firm’s closed-end fund offerings, fundraising, building the company's back of house infrastructure, and leading corporate finance. 

Mr. Sylvester has been actively engaged in the real estate community, serving as prior Chair of the Northwest Chapter of the Urban Land Institute and as former co-head of the University of Washington’s Runstad School Real Estate Certificate program.

“We are pleased to have Jonas join our senior management team,” said Stanley Iezman, ARA’s Chairman and CEO. “His considerable experience in running a dynamic and successful real estate firm coupled with his extensive expertise in fund management and investor communication will be a valuable addition to furthering ARA’s long-term growth.”

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