A Seasoned Professional Bringing Significant Net Lease Investment Experience to PRP
WASHINGTON, DC – MAY 22, 2024. PRP, a real estate investment management company headquartered in Washington, DC, announced today that it has hired Elliott “EJ” Wislar as Managing Director of Net Lease Investments. In this role, Mr. Wislar will be focusing on overseeing and growing PRP’s portfolio of Net Lease investments for PRP’s balance sheet.
“We are excited to make this important strategic hire to further build upon our talented team as we embark on an interesting new phase of the commercial real estate cycle,” said Paul C. Dougherty, President of PRP. “EJ is an extremely accomplished commercial real estate professional, and we look forward to benefiting from his expertise as we navigate the evolving real estate investment climate here in the United States.”
Mr. Wislar commented, “PRP has an impressive Net Lease investment history, having developed or acquired over $3B and 12.5MM SF of investment-grade Net Lease properties in the logistic, manufacturing and office sectors. I am excited to join PRP at this exciting time in our industry and look forward to leveraging my experience in the sector to take advantage of what will certainly be an incredible investing opportunity in the coming cycle.”
EJ will be based in Washington, DC. He brings 11 years of industry experience with over $2B closed across more than 100 transactions. Prior to joining PRP, Mr. Wislar was the Chief Investment Officer for Gladstone Commercial Corporation, a Nasdaq-listed Net Lease REIT. Prior to Gladstone Commercial, Mr. Wislar held investment and lending positions with Prudential Global Investment Management (“PGIM”) and United Bankshares.
ABOUT PRP
PRP is a real estate investment management company with a focus on mission-critical corporate headquarters facilities leased to investment-grade companies, logistic facilities, high-street retail properties, multifamily apartment communities, data centers and office properties. PRP’s portfolio of corporate headquarters facilities include the headquarters for Honeywell, Broadcom, Cencora/AmerisourceBergen, Exxon/Pioneer Natural Resources and FedEx Office, and logistic facilities for Amazon, Lowe’s, Techtronics and VW. Founded in 2005, PRP executes value add strategies and asset manages a national portfolio of assets on behalf of its institutional investors, family offices and financial institutions. PRP manages its apartment investments through PRP REM, its property management subsidiary, which is solely focused on PRP’s portfolio of apartment properties. 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 invested in 56 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 PRPREI.COM.
CONTACT:
Colleen Ramsey
PRP, LLC
202-741-8400