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NEWPORT BEACH, CA-Tenant-in-common sponsor CORE Realty Holdings LLC has hired Jonathan Harmer, formerly chief financial officer at Meridian Development LLC in Incline, NV, as CORE’s new CFO as the Newport Beach-based firm expands the role of the company’s top financial position. A company spokesman tells GlobeSt.com that CORE has upgraded the role of CFO in the wake of its adding internal property management, increasing the number of properties it manages and adding other responsibilities that expand the role of the position.

Russ Colvin, president and CEO of CORE, explains that the company named Harmer to the position for his “considerable and diverse experience in real estate, accounting, and tax.” Colvin explains that the firm will count on Harmer’s experience in these areas “as we continue to expand both our products and services to investors.”

Before joining CORE, Harmer was CFO at Meridian for nearly three years. He played aleading role in securing institutional financing in excess of $140 million and privateequity of $40 million. Harmer was also responsible for managing the external auditprocess of all the project-level and sponsor-level entities. Before joining Meridian, he held senior positions with Meredith & Associates, CPA; Ernst & Young LLP and InsideOut Development LLC for six years.

CORE Realty oversees a portfolio of assets valued at approximately $1.08 billion. CORE and its owner affiliates, Saunders Property Co. and Optima Asset Management Services Inc., own and manage more than 9.7 million sf of urban commercial properties, as well as approximately 7,000 apartment units.

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