CityView Promotes Boris Sturman to Vice President of Finance

LOS ANGELES, Dec. 20, 2010 /PRNewswire/ -- CityView, an institutional investment firm focused on urban real estate, in-city housing, and metropolitan infrastructure, has announced the promotion of Boris Sturman to Vice President of Finance. In this role he is responsible for managing lender relationships for all of CityView's project and subscription debt. He will have added responsibilities for risk management and surety instruments.

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"Excellent lender relationships are critical to a real estate investment firm. Boris has earned the respect of CityView's lenders and he will be key to building on those relationships for future firm growth," said Sean Burton, CEO of CityView. Since joining the company, Mr. Sturman has negotiated, placed, and restructured loans with aggregate commitments in excess of $1 billion.

Mr. Sturman joined CityView in 2004 and has participated in the firm's success since that time. "Nothing pleases me more than to see an individual grow with an organization. Boris has been a critical player in managing an important piece of our business," said Henry Cisneros, founder and Executive Chairman of CityView. Prior to joining CityView, Mr. Sturman, who is a Certified Public Accountant, was an auditor with two regional public accounting firms in Southern California and New York, specializing in real estate. He holds a BBA in Accounting from Bernard Baruch College of the City University of New York.

About CityView

Headquartered in Los Angeles with offices in New York, Dallas and San Antonio, CityView has invested in and developed more than $2 billion in real estate assets since 2003. CityView is one of the nation's premier institutional investment firms focused on urban real estate, in-city housing, and metropolitan infrastructure and is a fully-integrated operating company with an active management approach.  CityView was founded in 2000 by Henry Cisneros, Secretary of the U.S. Department of Housing and Urban Development in President Clinton's Administration, on the premise of smart capital for smart growth and currently manages multiple funds, all focused on urban solutions.  CityView has developed projects in 30 markets across 13 states and also continues to focus on metropolitan infrastructure and multi-family acquisitions. For more information, visit www.cityview.com.

SOURCE CityView