Friday, December 15, 2006

Business Wire, December 8, 2006, Friday

Copyright 2006 Business Wire, Inc.
Business Wire

December 8, 2006 Friday 3:52 PM GMT

DISTRIBUTION: Business Editors; Real Estate Writers


HEADLINE: DeSanto Realty Group Announces Erica J. Weiser as New Director of Sales and Marketing;
Ms. Weiser Brings Decades of Financial and TIC Sales Experience That Enables the Firm's Future Growth

DATELINE: MEDIA, Pa.

BODY:
DeSanto Realty Group (DRG), a leading sponsor of Tenant-in-Common (TIC) real estate transactions, today announced that Erica J. Weiser has joined the firm as Director of Sales and Marketing, effective December 4, 2006. Ms. Weiser will focus on recruiting new investors to the firm's expanding portfolio of TIC properties, and manage DeSanto's overall growth strategy.
Ms. Weiser brings nearly 20 years of sales experience in the financial sector, with companies such as Metlife Investors, Nationwide Financial, The Hartford, and Merrill Lynch, to DeSanto Realty Group. She also has broad TIC industry experience, most recently serving as the Senior Vice President for NNN Capital Corp, the managing broker-deal for TIC sponsor Triple-Net Properties.
"Erica brings the track record and experience to help manage and grow our sales efforts as we carry our momentum from 2006 into the new year," said Gary DeSanto, Chief Executive Officer of DRG. "Over the course of her career, including time spent with one of the top names in the TIC industry, Erica has proven she is not only able to increase sales, but also put the team in place that can handle growth in the near term. She joins DeSanto Realty Group at the most opportune time as we continue to increase our TIC property portfolio, and seek new opportunities."
"DeSanto Realty Group has exhibited impressive growth in the TIC industry, and caught my attention some time ago," said Ms. Weiser. "I'm excited to join the firm as its poised to continue to grow and become an even larger TIC sponsor."
Ms. Weiser holds a B.S. Degree in Finance & Investments from the Baruch College, C.U.N.Y., and also attended Cornell University's School of Industrial and Labor Relations. In addition, she holds her Series 7, 63 licenses.
About DeSanto Realty Group
Since 1951, DeSanto Realty Group has owned and managed commercial and residential property throughout the mid-Atlantic region. The firm has a successful track record of identifying properties with appreciation upside and stability of cash flows and improving the management of those properties to cultivate greater value for investors.
As a leading sponsor of Tenant-in-Common (TIC) real estate transactions, DeSanto is actively acquiring commercial, residential, and retail real estate across the United States that can be successfully converted into TIC ownership.



CONTACT: DeSanto Realty Group
Dana Rygwelski, 610/ 565.3400
or
Media:
Gregory FCA
Paul Johnson, 610/ 642.8253
Paul@gregoryfca.com

URL: http://www.businesswire.com