United Realty Partners Names Dov Shimanowitz as EVP of Operations

NEW YORK, July 12, 2012 /PRNewswire/ -- United Realty Partners today announced it has appointed Dov Shimanowitz as Executive Vice President of Operations for the firm's advisory arm, United Realty Advisors, LP.

In his new role, Dov will oversee the implementation of United Realty's strategic plan including business development, compliance and client relations.  Dov is also responsible for coordination of investment offering documents and filings across all United Realty affiliates.

"Dov not only brings an extensive real estate background to United Realty, but he also has a unique combination of strategic business planning and execution experience as well as expertise in sales and marketing," said Jacob Frydman, CEO of United Realty. "He is a valuable addition to our team as we look to make strategic real estate investments on behalf of our clients."

With over 15 years of experience in the Real Estate, Finance and Technology industries, Dov is an experienced leader, combining strategic business planning and execution, strong business operations experience in finance, legal, project development, sales and client management.

Prior to joining United Realty, Dov served as Chief Operating Officer of Multi Distressed Asset Co., a firm focused on the acquisition of distressed residential real estate properties nationwide. Additionally, he served as a Director of Strategic Business Development at Madison Commercial Real Estate Services.

About United Realty Partners

United Realty Partners was formed in January 2012 by veteran real estate investors Jacob Frydman and Eli Verschleiser. Based in New York, the firm advises on and invests in commercial real estate projects in markets poised to benefit from favorable demographic trends including growing populations and household incomes. The firm and its affiliates also seek opportunistic investments in distressed or underperforming properties that can benefit from repositioning, redevelopment and other value-enhancing initiatives. United Realty, through its affiliates, also sponsors SEC-registered Real Estate Investment Trusts (REITs) that allow outside investors to participate in the firm's investments.

Mr. Frydman and Mr. Verschleiser have invested in numerous types of commercial real estate from urban office buildings to suburban retail shopping centers and large multi-family apartment developments. Together they are responsible for over $7 billion in commercial real estate transactions including some of the most complex projects in the eastern U.S. For more information visit www.urpa.com or follow us on Twitter @United_Realty.

SOURCE United Realty Partners