Swartz will identify and consummate business deals across a wide spectrum of industries and markets. But he will mostly focus on those industries, such as income-producing real estate, where the Broe Cos. already is a player.
In addition to real estate, Swartz will be involved in transportation, energy and strategic capital. He also will be in charge of developing new platforms for growth outside the company's established investments.
Swartz joins the Broe Cos. after a dozen years at GE Capital/GE Commercial Finance. Most recently, he was a senior vice president of energy financial services at GE Capital. He holds a MBA in finance from Boston College and a master's and bachelor's degrees in economics from Boston University.
Hiring Swartz is part of the Broe Cos.' strategy to aggressively grow nationally and internationally. The company this year broadened its real estate portfolio by acquiring holdings in commercial, industrial, residential, multi-family and retirement properties. The land division also added several properties, including the Great Western Industrial Park in Northern Colorado.
This year the Broe Cos. added Century Coal to its Energy Division and recently formed the Great Western Oil and Gas Co., expanded its OmniTRAX railway operation to18 railroads, and augmented the Port of Churchill that it owns in Manitoba, Canada. Many of its energy and transportation investments also can end up incorporating a real estate component.
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