Press Release

Almanac Realty Investors Names Henry Herms CFO

Almanac Realty Investors, a leading provider of growth capital to public and private real estate companies, has named Henry C. Herms its Chief Financial Officer.

Herms, 45, comes to Almanac from Lazard Real Estate Partners LLC, a manager of real estate funds. Herms worked there since 1997, serving as Controller and Treasurer. As CFO, Herms, who is a Certified Public Account, will be responsible for financial reporting, tax reporting, internal accounting, compliance, treasury and client relations.

"We are thrilled to have Henry join us," said Matthew Kaplan, Managing Partner of Almanac. "His background and expertise is well suited to filling this vital role for Almanac."

From 1989 to 1997 Herms was an Experienced Manager with Arthur Andersen LLP, responsible for managing audit and consulting engagements for publicly-listed and privately-held organizations in the real estate and construction industries. Herms graduated magna cum laude from Adelphi University in 1989 and is a CPA licensed in the state of New York. He is a member of the American Institute of Certified Public Accountants and the National Association of Real Estate Investment Trusts.

Herms lives in Long Valley, New Jersey with his wife, Jennifer, and three children.

About Almanac Realty Investors

Almanac Realty Investors is a leading provider of growth capital to public and private real estate companies. From the time of its founding in 1981, originally under the name Rothschild Realty, the group has raised $3.2 billion related to a wide array of real estate opportunities. Since 1996, Almanac Realty Investors' primary investment activity has consisted of making private placements into public and private real estate operating companies. To date, Almanac Realty Securities has committed/invested more than $2.4 billion into more than 28 companies. For more information, please visit our website at