Orioli joins Rockwood as managing dir., transactions

According to Rockwood Capital, LLC, Frank Orioli has joined Rockwood as managing director, transactions. Orioli will be responsible for sourcing, underwriting and closing transactions. He has 22 years of experience in the real estate industry. From 2006 to 2009, he was the managing director of Principal Real Estate Investors in Columbus, Ohio and from 2002 to 2006, he was an investment director in Principal's Des Moines office. He received his undergraduate degree (BA) from the University of Virginia in Psychology and his graduate degree (MS) from NYU with a focus on Real Estate Development and Investment. "Frank is an outstanding investor and we are pleased to have him join our team," says Walter Schmidt, CIO of Rockwood. "Frank has extensive experience in office, multi-family and retail investing in all market cycles, which will prove invaluable as we begin to deploy funds in our recently-closed Real Estate Partners Fund VIII. He joins our team at a time in the real estate cycle when deep market knowledge is extremely important to uncover and execute on the best opportunities." Rockwood Capital, LLC is a real estate investment company which provides equity capital combined with real estate expertise for repositioning, recapitalization, development and redevelopment of commercial property types, including retail, hotel, residential, office and research and development space in key markets throughout the United States. Since 1980, Rockwood and its principals have invested on behalf of their investors over $3.1 billion of equity in over $9.3 billion of real estate through seven commingled funds and various special purpose partnerships. Rockwood currently manages a portfolio of about $2.85 billion of equity invested in $6.2 billion of real estate. Rockwood's investors include public and private pension funds, endowments, foundations, insurance companies, institutions and high net worth individuals. In April, 2009, Rockwood had a final close on its $964 million Rockwood Capital Real Estate Partners Fund VIII, L.P.