EDENS Names Jami Passer Chief Investment Officer

May 14, 2015, 14:07 ET from EDENS

COLUMBIA, S.C., May 14, 2015 /PRNewswire/ -- EDENS, one of the nation's largest owners and developers of community shopping centers, announced today the appointment of Jami Passer as Chief Investment Officer. Passer was the company's Managing Director and regional head of Florida prior to her appointment.

As CIO, Passer will have strategic responsibility for EDENS' core portfolio, which includes developing and executing the growth strategy. Throughout her eight-year tenure at EDENS, Passer has been responsible for over $750 million of transactions and has transformed the broader EDENS Florida portfolio into a South Florida-focused portfolio in order to capitalize on the attractive demographics of the Miami metropolitan area. Prior to joining EDENS, Passer was a Managing Director with Andersen Corporate Finance where she advised private and publicly held real estate clients in accessing equity and debt capital.

CEO Jodie McLean said, "Jami is a great addition to our executive management team.  With her vast experience and knowledge of EDENS, Jami will bring a great perspective on driving value throughout our entire portfolio."

"I am honored to be named CIO and look forward to the continued growth of EDENS and its holdings," says Jami Passer.

Passer is a member of the International Council of Shopping Centers and holds a Bachelor of Science in Economics from The Wharton School and a Bachelor of Arts in International Relations from the University of Pennsylvania.

About EDENS
EDENS develops, owns and operates community shopping centers in primary markets across the country. Focusing on innovative development and redevelopment together with key acquisitions in urban areas, the company has built an institutional-quality portfolio of 136 retail centers. EDENS has Regional headquarters in Boston, Washington, D.C., Atlanta, Miami, Houston and Columbia, SC. For additional information about the company and its retail Real estate portfolio, please visit www.edens.com.

EDENS is owned by Blackstone, NYSTRS and institutional investors advised by J.P. Morgan Asset Management.

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