CLEVELAND, OH - Forest City Enterprises, Inc. announced the creation of a new leadership position to support the company's growing presence in the Texas real estate market. Effective immediately, Brian Ratner has been promoted to president of Forest City Texas and will lead the company's Texas operations from its regional office in Dallas.
"Texas is one of the strongest markets in the country and we believe it continues to offer us tremendous opportunities," said Charles A. Ratner, Forest City president and chief executive officer. "Over the past several years, we have made significant investments in the region, including our Mercantile Place on Main apartment community in downtown Dallas, as well as land projects in Dallas, Houston, San Antonio and El Paso. Brian's appointment in Dallas reinforces our strong commitment to developing and operating a vibrant and diversified portfolio of real estate in this growing market."
Brian Ratner, previously president of East Coast Development for Forest City's Commercial Group, has more than 24 years of commercial real estate experience with the company. He has been instrumental in the leadership of many key projects for the company over the years, including most recently the Village at Gulfstream Park retail/mixed-use project in Hallandale Beach, Florida.
Forest City Enterprises, Inc. is an NYSE-listed national real estate company with $11.8 billion in total assets. The Company is principally engaged in the ownership, development, management and acquisition of commercial and residential real estate and land throughout the United States.
Source: Forest City