Bernstein Management Announces New Leadership for 2012

WASHINGTON, Feb. 3, 2012 /PRNewswire/ -- Bernstein Management Corporation, a regional leader in real estate management and investment since 1953, announced today several executive level promotions.  The company has advanced the following individuals to key leadership roles: Joshua Bernstein, Chief Executive Officer; Robert Sandler, President; Charles Hathway, Executive Vice President and General Counsel; Susan Haas, Senior Vice President for residential; Katherine Porter Page, Senior Vice President for commercial; Austin Herndon, Vice President, Leasing; Frederic Underwood, Director, Acquisitions. 

According to Bernstein Management officials, these promotions follow several years of significant growth at the company, which is comprised of 74 properties in the Washington D.C. Metropolitan area, including 4,900 apartments and over 3.2 million square feet of commercial real estate.  The Bernstein Management portfolio also includes investment affiliates Columbia Realty Venture, Rock Creek Realty, Rock Creek Opportunity Fund and Granite Property, LLC. 

The company has been involved in several investments of note recently, including a joint venture with Forest City Enterprises in 1,341 apartments in Bethesda, Silver Spring and Arlington; The 280 unit Residences at King Firm; 3901 N Fairfax, a 190,000 square foot class A office building development in Ballston, developed with Crimson Partners; and City Market at O, a one million square foot apartment, retail and hotel development located in downtown Washington D.C. and developed in partnership with Roadside Development. 

This new leadership profile will position Bernstein Management for similar activity in the market for 2012.  "We are cautious about the near term, but very bullish about the longer term growth prospects for the region," says Bernstein President, Robert Sandler.  "We have built a phenomenal team to respond to the challenges and opportunities presented by the market today and in the future," added Joshua Bernstein.

For more information on Bernstein Management, contact: 301-974-6028.

SOURCE Bernstein Management Corporation