McLEAN, VA-Another month, another new executive face at JERobert Cos. The firm has named Michael Pralle as president and COOto be based here. Pralle will be responsible for managing thecompany's operations, as it continues to expand its globalinvestment platform.

Pralle was previously president and CEO at GE Real Estate,managing a global business portfolio of more than $78 billion inassets in 28 countries. He left the post inJune, as GlobeSt.com reported. During his 18 year-tenure at GE, healso served as the head of the businesses responsible for makingcommon equity, preferred stock, and convertible debt investments inprivate companies in the US, Europe and Asia, as well assupervising GE Capital's activities in 15 countries across Northand Southeast Asia. Prior to GE, Pralle spent six years in McKinseyand Co.'s London and Hong Kong offices.

“We are extremely pleased to have Michael Pralle join JER tolead and manage our business operations,” Joseph E. Robert, Jr.,chairman and CEO says in a statement. “[His] network ofrelationships in the US, Europe, Latin America and Asia will be ofinvaluable importance as we continue to strategically grow ourbusiness.”

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
NOT FOR REPRINT

© 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.

Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.