Teitelbaum will be responsible for capital raising, marketing and client services primarily in the Midwest.
Teitelbaum will be based in Parsippany and will report directly to Les Lockwood who directs PREI’s marketing and client services efforts.
PREI CEO Allen Smith said Larry’s experience raising capital and helping develop opportunities in the US and abroad for clients will be a great asset for the existing clients and for the efforts to grow client base.
Before PREI, he worked for Deutsche Bank Securities as a vice president for real estate institutional equity sales. Most recently, Teitelbaum was a senior vice president, marketing and client services, for ING Clarion Partners, where he held a similar role.
McSkimming will provide marketing support and client services to clients and consultants primarily in the western US. Before PREI, he was a portfolio manager and investment committee member of Russell Investments in California.
Prior to that, McSkimming was a senior vice president, principal and investment committee member at Institutional Property Consultants.