(For more retail coverage, click GlobeSt.com/RETAILthe multifamily market, click here.)

KENNER, LA-In an early morning wake-up call, Sizeler PropertyInvestors Inc. has disclosed that its board chairman, Mark M. Tanz, has steppeddown "for personal reasons." The top exec has been under fire sinceSizeler announced plans to merge with Canadian-based RevenueProperties Trust and Morguard Corp.

Sizeler's top leaders couldn't be reached for comment prior todeadline about Tanz's decision to vacate the helm. The board hasappointed William G. Byrnes as the new chairman, but doesn't intendto fill Tanz's open seat, according to this morning's pressrelease.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.