Davis joins Taconic as chief investment officer

Kevin Davis, a former partner at AREA Property Partners, has joined Taconic Investment Partners as chief investment officer. In his new role, Davis is responsible for sourcing, directing and overseeing new investment and business opportunities for Taconic and is involved in acquisitions, developments, dispositions, debt and equity financings, portfolio and investment management, transaction structuring, overall firm strategy, and investor relations. "Kevin was the right fit for Taconic because of his significant expertise in the New York market," said Paul Pariser, who, alongside Charles Bendit, serves as co-CEO of Taconic Investment Partners. "His experience and vast network will be invaluable in managing the $220 million Taconic New York City Investment Fund and the existing portfolio." Davis has more than 14 years of experience handling complex real estate transactions. Prior to joining Taconic Investment Partners, he focused on office, retail and multi-family investments in the New York City and Washington D.C. metropolitan areas for AREA Property Partners where he was directly involved in or responsible for nearly $2.5 billion of acquisitions. Prior to joining AREA in 2004, Davis was a member of the acquisitions group of Vornado Realty Trust where he was involved in nearly $3 billion of acquisitions and over $300 million of debt financings. Prior to Vornado, Davis worked at Secured Capital Corp, a real estate investment bank. "While Taconic's track record speaks for itself, it is the team's vision, creativity, drive and ability to execute that sets Taconic apart," said Davis. "Coupled with the team's forward-thinking philosophy of discovering and unlocking value within real estate, these traits provide the overall foundation that allows Taconic to achieve continued success, and I'm proud to be a part of the team." Davis graduated from the Wharton School of Business at the University of Pennsylvania, where he received a Bachelor of Science in Economics with a concentration in finance and real estate finance. About Taconic Investment Partners: Since 1997, Taconic Investment Partners has acquired, redeveloped and repositioned over 12 million square feet of commercial office and mixed-use space, as well as 3,000+ units of luxury and workforce housing in the New York metropolitan area, Chicago, Washington, D.C., and Atlanta. As a fully integrated real estate operating company with a keen eye for uncovering value, its diverse capabilities are evidenced by its multifaceted success with luxury properties, as well as adaptive reuse and urban revitalization projects. In New York City, Taconic is currently co-developer of 837 Washington in New York's Meatpacking District, 71 Laight Street in TriBeCa and has assembled significant land holdings in Coney Island for residential development. The firm also manages various real estate funds on behalf of institutional and pension fund investors.