ALTO Real Estate Funds is Expanding Its Acquisitions Team to Support Its Efforts to Venture Into Industrial Real Estate

Appoints industrial Real Estate professional Andre Ciani as Director of Acquisitions.

ALTO Real Estate Funds is welcoming Andre Ciani, to ALTO’s team as Director of Acquisitions. Prior to ALTO, Mr. Ciani worked for 8 years at Berkeley Partners, a San Francisco-based Real Estate private equity firm that focuses on acquiring and managing industrial assets across the United States. While at Berkeley, Mr. Ciani helped the company increase its AUM from $50M to $1B, developing extensive experience in acquisitions, financing, asset management, leasing, and dispositions. Mr. Ciani holds a BA in Economics Magna Cum Laude from Columbia University. Andre’s strong track record coupled with an extensive understanding of the US Real Estate industrial market and deep industry relationships will help steer ALTO’s Acquisition portfolio towards acquiring industrial properties in addition to open-air shopping centers. Mr. Ciani will be based in Miami, FL.

Andre Ciani will join the team together with Ran Preis, VP, Head of Acquisitions and Julia Maslov who also joined the acquisition team as an analyst, after spending more than a decade in several senior positions in the Israeli capital markets.

ALTO Real Estate Funds Announces Senior Management Appointments

ALTO is proud to announce the appointment of two “homegrown” Vice Presidents.

Ran Preis was appointed as Vice President, Head of Acquisitions. Mr. Preis joined ALTO in early 2016 and closed on the acquisition and financing of more than 12 shopping centers representing over $350 million of investments for the ALTO funds. Prior to joining ALTO, Mr. Preis spent two years with Edmond de Rothschild Investment Services, and three years with Deloitte auditing leading public and private real estate companies in Israel. Mr. Preis is a certified CPA and holds a Bachelor of Economics and Accounting and Master of Science in Management, both from Tel Aviv University. In his new position, Mr. Preis will be leading ALTO’s acquisitions team and strategy.

Dor Dezalovsky was appointed as Vice President, Head of Asset Management. Mr. Dezalovsky will lead the Asset management team. Mr. Dezalovsky joined ALTO in 2017 Since joining ALTO, he was directly involved in managing a portfolio of 50 properties, valued in excess of $1 billion, the disposition of 15 properties, valued in excess of $250 million, and the refinance of over $200 million in debt. Prior to joining ALTO, Mr. Dezalovsky spent two years in business development for a private real estate company in Israel, two years with PwC international tax department and one year with Shibolet & Co. law firm. Mr. Dezalovsky holds a B.A. in Accounting and LL.B. in Law from Tel Aviv University, and is a Certified Public Accountant (CPA) and a lawyer.

Mody Kidon, chairman and Yaniv Melamud, CEO of ALTO’s Real Estate Funds: “We are excited to Promote Ran Preis and Dor Dezalovsky. Over the last years, both have gained much experience in retail and logistics and had contributed significantly to the fund’s success. Their proven track record with the fund and industry knowledge makes them both an exceptional fit to execute the fund’s strategy. We are proud to have them both raised and grown in the fund and are certain, specifically in this unusual time, they will lead the acquisitions and asset management teams to success for the benefit of the fund’s investors”.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201005005530/en/

Contacts

Michal Marder
Director of marketing and investor relation
M: +972 54 252 7711
E: [email protected]

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