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1/24/08
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DALLAS (Jan. 24, 2008) — LNR Property Corporation’s Commercial Property Group, the company’s real estate development and investment division, is pleased to announce the appointment of Andrew Klasing as a financial analyst in its Dallas office.
As the Financial Analyst, Klasing is responsible for asset underwriting, financial modeling, budget analyzing and ensuring that projects are economically feasible.
Klasing’s experience includes working for Skorburg Company, where he performed financial analyses on new development projects to determine cash flows and internal rates of return. He also conducted market studies, developed sales presentations and negotiated lot contracts with residential builders. Additionally, he oversaw the entitlement process of raw land and worked with outside consultants, engineers, attorneys, city staff and elected officials.
“Andrew’s education combined with his experience of financial management and the real estate industry make him a great asset to LNR Property Corporation,” said Ken Kristofek, senior vice president of LNR’s Southwest Region.
Prior to working with Skorburg Company, Klasing served as a senior consultant for Telewares Communications; an associate director for AT&T, Inc. and an account manager and senior financial analyst for Spring Communications.
Klasing is a graduate of the University of Kansas and holds a Bachelor of Science in Accounting and Business Administration. He received his Master of Business Administration with a concentration in finance and strategy from Southern Methodist University.
About LNR
Headquartered in Newport Beach, Calif., LNR Property Corporation’s Commercial Property Group operates as the real estate development and investment division of the company. LNR Property Corporation is a $3 billion private company with its corporate headquarters located in Miami Beach, Fla.
LNR is a market leader in the master planning and development of commercial properties and is invested in large commercial developments and redevelopment transactions that range in size from $10 million to more than $100 million. Supported by 15 offices across the United States, LNR has been responsible for the successful development, redevelopment and repositioning of more than 1,000 properties in 33 states during the last 15 years. Its expertise extends to a range of property types including office, industrial, retail, apartments, hotels, land and military base reuse. Additional information on LNR’s Commercial Property Group can be found on the Internet at www.lnrcpg.com.
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