Matt Lougee joins Pine Tree as president, Capital Markets

Northbrook-based Pine Tree announced the hiring of Matt Lougee. He joins Pine Tree's senior leadership team as president, Capital Markets, where he will focus primarily on capital formation and investor relations for the national retail real estate company.

Prior to joining Pine Tree, Lougee served as the division financial officer - Retail for the Irvine Company, executive vice president of finance for shopping center owner Westwood Financial, and senior vice president of Finance at DDR Corp. (now SITE Centers NYSE: SITC). His oversight has primarily included investor relations, equity and debt capital raising, portfolio management, and corporate strategy.

"We are extremely excited to welcome Matt to the Pine Tree team," said Peter Borzak, co-founder and chief executive officer of Pine Tree. "He's an incredibly well-respected leader in the industry with a wealth of experience in retail real estate capital markets. As we continue to strategically grow our investment platform, having the right team in place is essential for our continued success. Matt's appointment underscores our commitment to providing best-in-class service and innovative solutions to our stakeholders."

Lougee is an alumnus of Colgate University and is an active member of ICSC.

About Pine Tree:

Pine Tree is a Northbrook, Illinois-based full-service real estate company specializing in retail. Founded in 1995, Pine Tree's current portfolio tops $3.5 billion in assets under management. The company's projects are located across the United States.