New York, NY BEB Capital (“BEB”), a leading investor and developer of industrial, office, and multifamily assets throughout the East Coast, has appointed Thomas Burns in the newly created role of CFO of the firm’s real estate holdings. Burns will report to Lee Brodsky, CEO of BEB Capital and Keyvan Ghaytanchi, COO & president of BEB Capital’s lending division, BEB Lending.
Thomas Landherr, who has served as CFO of BEB Capital since 2015, will shift focus to the Brodsky family office and continue to oversee fiscal functions of the firm’s non-real estate related holdings. BEB also appointed Alan Rayman as Real Estate controller. Rayman joins the firm with nearly 30 years of industry experience, including spending the last 16 years as a corporate controller at Tritec Real Estate.
“We’ve seen tremendous growth in our real estate portfolio, and the additions of Tom and Alan, two executives with rich industry experience, will further enhance our financial analysis and forecasting to enable us to continue to capitalize on opportunities ahead,” said Brodsky. “We’re looking forward to their contributions and are confident that will add tremendous value to BEB Capital.”
As CFO, Burns will be responsible for overseeing the fiscal functions of BEB Capital’s real estate holdings, including providing leadership and guidance to the finance and accounting teams. His responsibilities include investor relations, investment accounting, property accounting, financial analysis and forecasting that will assist the executive team in making sound business decisions, as well as evaluating and advising on the impact of long-range planning and introduction of new programs and strategies.
Burns brings with him three decades of experience in accounting and risk management, most recently serving as vice president at H/2 Capital Partners, a Stamford, Connecticut-based hedge fund. Prior to H/2 Capital, he served as vice president and manager of the Profit and Loss Explanation and Reporting Division at Mizuho Capital Markets Corporation. Burns graduated from Loyola University with a bachelor’s degree in accounting.
“This is an exciting time to be joining BEB Capital,” said Burns. “Lee and the executive team have outlined a strategic vision for the future of the firm and I’m looking forward to working with them to achieve those goals. The opportunity to join the firm as CFO and further enhance their financial capabilities, while working hand-in-hand with Lee and the team was what attracted me to BEB, and I am looking forward to bringing my expertise to the table and to have an impact on the future of the firm.”
As Real Estate controller, Rayman will handle the accounting for real estate deals during the development, construction, and management phases, ensuring the quality of the firm’s accounting department’s output, including internal auditing, maintenance of control schedules, investor relations and C-Level internal reporting for the company’s properties and projects.
Prior to his role as corporate controller at Tritech Real Estate, where he oversaw the accounting operations of the company, Rayman served as controller at CLK Properties. He graduated from the State University of New York at Binghamton with a bachelor’s degree in accounting.