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July 14, 2011 08:58 AM Eastern Daylight Time 

BentleyForbes Names Board of Directors; Appoints Three Independent Directors to Join with Firm’s Executive Leaders

National Real Estate Investment Company Forms Board Made Up of Seasoned Experts in Real Estate, Finance and Organizational Structure to Direct Strategic Growth and Operations

LOS ANGELES--(BUSINESS WIRE)--BentleyForbes, a privately-held national real estate investment company headquartered in Los Angeles, today announced the creation of a Board of Directors to guide the firm’s investment, organizational and growth strategies moving forward. As part of the formation process, BentleyForbes has appointed three independent directors to join its Executive Committee on the newly formed Board.

“We have assembled a team of seasoned advisors to create a Board of Directors that will consult with our Executive Committee as we move forward with our strategic growth plans”

“We have assembled a team of seasoned advisors to create a Board of Directors that will consult with our Executive Committee as we move forward with our strategic growth plans,” said C. Frederick Wehba II, president and CEO of BentleyForbes. “The independent directors that were selected have a depth of experience in key areas relevant to our operations, and we look forward to their contributions as our company moves forward into our third decade of operations.”

The BentleyForbes Board of Directors will consist of the following independent directors and executive leaders:

  • Eric Sussman, MBA, CPA - Mr. Sussman has been a lecturer in accounting and real estate at the UCLA Anderson Graduate School of Management since 1995, and is president of Amber Capital, Inc., Manager of Fountain Management, LLC, and Managing Partner of Sequoia Real Estate Partners and the Pacific Value Opportunities Fund.
  • Roderick Wood - Mr. Wood has experience in all aspects of local government, most recently serving 6 years as City Manager of the City of Beverly Hills, California. He has served as city manager in Beverly Hills, Novato, Indian Wells, and Escondido. He has managed redevelopment, utilities, private airports, and commercial development of public land.
  • Douglas K. Freeman, JD, LL.M - Mr. Freeman is Senior Managing Director at First Foundation Advisors where he provides strategic planning and organizational management advice for business, nonprofit, foundation, and family clients. Mr. Freeman also serves as Adjunct Professor, UC Irvine School of Law.
  • C. Frederick Wehba – Mr. Wehba founded BentleyForbes in 1993 with family members and today serves as Chairman of BentleyForbes and as a standing member of the firm’s Executive Committee. Since its founding, the firm has completed commercial real estate transactions valued in excess of $5 billion in markets across the U.S. Mr. Wehba’s successful professional career includes for-profit businesses, and the advancement of various philanthropic initiatives remains his life-long passion.
  • C. Frederick Wehba II – Mr. Wehba serves as president & CEO of BentleyForbes and is a standing member of the firm’s Executive Committee. Along with other Wehba family members, he co-founded BentleyForbes in 1993. Since that time the firm has completed commercial real estate transactions valued in excess of $5 billion in markets across the U.S. Mr. Wehba contributes to all areas of the Company and its operations, ensuring the firm’s business goals and strategic development in key real estate markets.
  • Anthony Manos – Mr. Manos serves as Chief Operating Officer for BentleyForbes and its affiliated companies. In this capacity, Mr. Manos is responsible for the day-to-day operations of the company and its portfolio of properties.

About BentleyForbes:

BentleyForbes is a national real estate investment firm founded in 1993. The Company is focused on the acquisition, ownership and management of commercial real estate in the office, industrial, mixed use, retail and hospitality sectors. Typical investments for the Company range from $10 million to $500 million and beyond, emphasizing Class A commercial properties in top CBD or regional submarket locations. Furthermore, the Company is recognized for its expertise in the acquisition and management of single tenant and/or sale-leaseback property investments, and continues to invest in assets of this type on a wide basis. From its Los Angeles headquarters, BentleyForbes employs a roster of real estate and corporate finance experts well versed in commercial real estate investment, finance, law, accounting and asset management. The Company also has regional offices in Atlanta and Chicago. For more information on the Company, its portfolio of properties and officers, please visit www.bentleyforbes.com.

Contacts

Macy + Associates Inc.
Chris Egger, 310-821-5300
cegger@macyinc.com

http://www.bentleyforbes.com

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