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Behringer Harvard Opportunity REIT President Resigns

October 3, 2017

Behringer Harvard Opportunity REIT President Resigns

September 29, 2017 | Luke Schmidt | Blue Vault

Close up of businessman holding city model in hands

On September 27, 2017, Thomas P. Kennedy notified Behringer Harvard Opportunity REIT I, Inc. of his decision to resign, effective October 12, 2017, as the President of the Company and its subsidiaries and all other officer positions with the Company’s sponsor Lightstone Group and its affiliates.

On September 28, 2017, the Board of Directors of the Company elected Mitchell C. Hochberg as Chief Executive Officer of the Company.

Mitchell C. Hochberg is President of Lightstone. He has more than 30 years of experience in every facet of real estate development and operations, including the residential, hospitality, commercial, gaming and mixed- use sectors. He founded and for 20 years served as the President and Chief Executive Officer of Spectrum Communities, a premier residential developer in the northeastern United States. Thereafter, he served as President and Chief Operating Officer of Ian Schrager Company, a developer and manager of innovative luxury hotels and residential projects in the United States. He is currently a Principal in partnership with Marriott International and Ian Schrager Company in the rollout of Edition, a next- generation lifestyle boutique hotel concept. Mr. Hochberg currently serves on the Board of Directors of Belmond Ltd. as Chairman of the Investment Committee and as a member of the Audit and Nominating and Governance Committees. Mr. Hochberg is an Attorney at Law and a Certified Public Accountant. He received his law degree as a Harlan Fiske Stone Scholar from Columbia University School of Law. He graduated magna cum laude from New York University College of Business and Public Administration with a Bachelor of Science degree in accounting and finance.

 

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July 29, 2015
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