Ram Promotes Key Team Members

Posted by & filed under Press Release.

  • Jim Stine promoted to President
  • Hugo Pacanins named partner and promoted to Managing Director – Multifamily
  • Jennifer Stull named partner and promoted to Managing Director – Asset Management
  • Suzie Albright promoted to Vice President of Operations

Palm Beach Gardens, FL, October 22, 2014 – Ram Realty Services, a leading developer and real estate investment manager throughout the Southeast, announced several promotions to its senior management team. In an internal meeting, Ram CEO Casey Cummings addressed the culmination of a longstanding plan to strengthen Ram’s leadership team and establish a hierarchy qualified to manage Ram’s expanding asset portfolio and development initiatives.

“I am excited this evolution of our team has come to fruition,” stated Cummings. “We believe that one of the best indicators of the strength of an organization is its ability to promote from within. These are four very important positions within our company that are all being filled with existing Ram team members.”

Noteworthy Promotions

Jim Stine, previously Ram’s Chief Investment Officer, has been promoted to President. In his new role, he will assume leadership over most functional areas of the firm. Stine joined Ram in 2010 after spending 25 years with Stiles Corporation. During his time as CIO, he had management responsibility for the origination of new real estate investments on behalf of Ram.

Hugo Pacanins, formerly Vice President of Residential Development, has been promoted to Managing Director – Multifamily and named partner of the firm. He will have full responsibility for the multifamily development program including markets in Florida, Charlotte, Raleigh, Nashville, and Atlanta. Pacanins joined Ram in 2005 playing a key role in several prominent multifamily and mixed-use developments. He was promoted to VP in 2008, managing Florida-based multifamily development and redevelopment projects.

Jennifer Stull, former Vice President of Residential Asset Management, has been promoted to Managing Director – Asset Management and named partner of the firm. As Managing Director, she will be responsible for asset management over the entire portfolio of commercial and multifamily properties. She will also provide leadership to the property management group and Ram’s marketing department. Stull joined Ram in 2002 and has been responsible for multifamily asset management. In conjunction with the promotion, Jeff McCammon – previously Regional Director of Investments – will assume the role of Multifamily Asset Manager.

Suzie Albright, previously VP of Financial Administration, has been promoted to Vice President of Operations, a new position within Ram. She will have direct responsibility for property and corporate accounting, property management, and information technology. Albright joined Ram in 1999.

About Ram

Founded in 1978, Ram is an affiliated group of companies and partnerships that acquire, develop, manage and finance retail and residential properties in the Southeast. The group also selectively acquires debt secured by retail and residential properties.  Ram is currently investing Ram Realty Partners III LP, a value-added fund targeting retail and multifamily properties in select high growth markets in the Southeast.  Since 1996, the company has deployed $1.7 billion in real estate transactions.  Ram is headquartered in Palm Beach Gardens, Florida and has offices in Fort Lauderdale and Tampa, Florida and Charlotte, North Carolina. For more information, visit www.ramrealestate.com.

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