WASHINGTON, DC – May 16, 2022 – PRP announced today that Tamara (“Tami”) Axelrod has been appointed as Head of Responsible Investment at PRP. In this role, Tami will implement PRP’s Responsible Investment strategy on owned assets and prospective investments.
This new role represents PRP’s continuing commitment to building a more sustainable future through our investment and asset management strategies. One of PRP’s core objectives is to reduce our assets’ carbon footprint while driving investor value through the implementation of ESG-focused initiatives. PRP believes that all assets can be developed or improved upon to reduce their operational emissions while generating clean energy, making these assets as environmentally sound as possible. The result will be a more sustainable future and enhanced returns on our investments.
Tami Axelrod joined PRP in 2017 and has overseen the Asset Management division of the firm. Ms. Axelrod received a BA from the University of Pittsburgh and a Master of Real Estate Development from the University of Maryland.
Paul C. Dougherty, President of PRP, stated, “We are excited for Tami to take the lead on Responsible Investment at PRP. We believe this will be a terrific role for Tami while filling a need that has become paramount for all real estate investors.”
PRP is a real estate investment management company with a focus on mission-critical logistics and corporate headquarters facilities leased to investment-grade companies on a long-term basis, investments in Opportunity Zones, investments in existing data centers and land zoned for data center use, value-add multifamily apartments and value-add office. Founded in 2005, PRP executes these strategies and asset manages a national portfolio of assets on behalf of its institutional investors, family offices and financial institutions. PRP has proven expertise in selecting and managing attractive risk adjusted real estate investments located in major markets throughout the United States. Since its formation, the company has acquired, developed or invested in 46 assets with a value in excess of $6 Billion in all property sectors. PRP is privately held and is headquartered in Washington, DC. PRP is a creative buyer and seller of real estate and considers a variety of equity and debt investment structures. For more information on PRP, please visit www.prprei.com.