Wolff Names New CIO

Following a nationwide search, The Wolff Company today announced that Tom Podgorski, CFA has been selected as the Chief Investment Officer (CIO) of Perpetual Real Estate Partners, L.P.

Mr. Podgorski brings a wealth of knowledge and 29 years of experience to this key position.  Tom came to The Wolff Company from Capmark Finance.  He was previously an Executive Vice President and founder of CBRE Realty Finance (CBF), where he was responsible for approximately $2 billion of annual fixed income investment production.  Tom was a member of the investment committee and the management team which took the company public.  Prior to CBF, he was with CIGNA Real Estate Investors for 22 years.  He was a Managing Director and Head of CMBS lending and had several years of experience in equity asset management and valuation for properties in CIGNA’s open-end separate account.  Tom is a graduate of Western New England College, is a Chartered Financial Analyst (CFA) and is a member of the CMSA.

“Mr. Podgorski brings to bear precisely the experience needed to grow and manage the fund’s portfolio and to serve our growing partner base,” said Fritz H. Wolff, CEO of The Wolff Company.

“It is my privilege to join The Wolff Company and to lead investment activities of Perpetual Real Estate Partners” said Mr. Podgorski.  ”I look forward as CIO to proactively implementing the Company’s objectives and building the fund's portfolio over the long-term. I appreciate the confidence and trust that The Wolff Company has placed in me.”