Los Angeles, CA (February 1, 2024) – American Realty Advisors (ARA) is pleased to announce that Kirk Helgeson has been named as President of the firm. Mr. Helgeson will continue to serve as the firm’s Chief Investment Officer, Chairman of its Investment Committee, and as the leader of the firm’s value-added real estate strategy.

The move comes as part of the firm’s long-term succession planning and as recognition of Mr. Helgeson’s longtime contribution to ARA’s leadership, direction, and strength.

Stanley Iezman, Chairman and CEO, said he’s proud to recognize the important influence Mr. Helgeson has on firm operations, as well as on its investment direction.

“Kirk is a critical member of our team – he’s been with us for nearly 25 years and is deeply embedded in our operations,” he said. “His experience, relationships, and industry knowledge are invaluable both to our firm and to our investors.”

Scott Darling, who previously held the position of President, will continue to focus his efforts on the Core Fund as the Co-Portfolio manager alongside Martha Shelley. He will continue to serve on the firm’s Leadership and Investment Committees.

ABOUT AMERICAN REALTY ADVISORS

ARA, headquartered in Los Angeles, CA, is a private equity real estate investment manager working on behalf of institutional capital with $11.7 billion¹ in assets under management. Through a series of offerings of core, core-plus, and value-add strategies, including equity, debt, preferred equity, and mezzanine and hybrid debt, ARA invests in a wide range of opportunities in industrial, residential, retail, office, and other property types nationwide.

More information regarding ARA can be found at www.aracapital.com.

^{1 As of December 31, 2023.}