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JENKINTOWN, PA-An hour after his appointment as CEO andpresident of American Financial Realty Trust, Harold Potedominated a conference call with Wall Street analysts to spell outkey initiatives that he said will bring discipline to the companyand "take it back to its roots." Pote replaces Nicholas Schorsch,an AFR founder and former president, vice chairman and CEO.

Discipline indeed. Over the next 18 to 24 months, Pote said AFRwill dispose of non-core and selected high-profile assets thatrepresent good market opportunities for expected net proceeds of upto $2 billion. Some of the proceeds will be used to help reducedebt toward a goal of achieving an overall debt to asset leverageratio of between 60% and 65%. An analyst noted that the dollarvalue of property sales represents about half of the company'scurrent assets.