ANNAPOLIS, MD (June 4, 2018) – Realterm, a global real estate private equity firm headquartered in Annapolis, MD announced today that Duncan Pickett will join the company as Chief Financial Officer (CFO) effective today.
An industry veteran with more than two decades of experience, Mr. Pickett joins from BRG Corporate Finance where he served as a Managing Director. His role there included direct assistance to companies, boards of directors, and debt investors. He has experience across a wide array of real estate asset classes, including the office, gaming, and retail sectors. Most recently, he and his team assisted in the formation of VICI Properties (NYSE: VICI), a publicly traded REIT spun out from Caesars Entertainment. Mr. Pickett holds bachelor’s degrees in accounting and finance from the University of Virginia’s McIntire School of Commerce.
“In addition to his accounting and leadership skills, Duncan brings a wealth of experience operating under pressure within the boundaries emanating from a business’s foundational documents. Realterm’s transactional success is grounded in our ability to execute contractual obligations at the highest level,” said Kenneth Code, Founding Partner and CEO of Realterm. “Duncan’s fundamental belief in the power of team and relationships paired with his ability to absorb and process information provide Realterm the CFO leader we need for the next leg of our growth.”
Melanie Lundquist, who has served as Realterm’s CFO since 2013, is leaving the firm to run her family’s farm. She will continue to remain engaged with Realterm through the end of the year to facilitate a smooth transfer of knowledge and ensure continuity for investors and team members. During her tenure, Ms. Lundquist has been instrumental in bringing a new level of professionalism to the firm’s accounting and reporting functions, setting a trajectory to fulfill Realterm’s vision for $10 billion in AUM by 2025.
Realterm is a global real estate operator executing private equity strategies based upon insights into the global supply chain and its impact on the supply and demand for real assets. With its three operating platforms – Aeroterm, Realterm Logistics and IndoSpace Logistics Parks – Realterm currently owns interests in and manages a portfolio of 300+ logistics-oriented industrial properties with an aggregate value of over $4 billion throughout the United States, Canada and India.