BEVERLY, Mass.--(BUSINESS WIRE)--Brookwood Financial Partners, LLC (“Brookwood”), a leading real estate investment and asset management company, today announced that Thomas W. Brown has been promoted to the position of President.
Mr. Brown joined Brookwood in 1994, shortly after the firm was founded, as the Director of Real Estate Acquisitions. He very quickly established himself as a great leader within Brookwood and is currently a member of the firm’s Investment and Executive Management Committees. Under Mr. Brown’s direction, Brookwood has acquired 142 assets totaling over 13 million square feet throughout the United States with a total capitalization of over $1.7 billion. Brookwood was one of the few private equity real estate firms to have sold the majority of its portfolio in anticipation of the crash of 2008. Since returning to the market, Brookwood has acquired 24 assets for $517 million, totaling 5.3 million square feet. In his new capacity as President, Mr. Brown will provide holistic oversight to both the acquisitions and asset management teams at Brookwood.
“Tom has been my friend and partner for more than 25 years and has been instrumental in the growth and success of Brookwood,” stated Thomas Nicholas Trkla, the Chairman, Chief Executive Officer and founder of Brookwood. “As our portfolio continues to grow and becomes more complex, I wanted Tom to have more direct ownership of all acquisition and asset management functions within the firm to drive value creation in our portfolio. I am thrilled to have him take over as President and look forward to many more years of working closely with him as we continue to expand the business.”
“I am honored to serve as President of this great organization, which I consider to be part of my extended family. After 22 years, we have been able to maintain our entrepreneurial spirit and light-hearted sense of fun while assembling a $2 billion portfolio with nearly 60 employees and achieving exceptional results for our investors. I love coming to work every day and have the utmost respect for Tom and our entire team,” stated Mr. Brown.
Christian Lee, Vice Chairman of CBRE in Miami, Florida, noted that, “After 20 years of doing business with Tom, I can tell you he's way ahead of the curve when it comes to quickly breaking down a deal for what it is. Further, his market timing is impeccable. Tom is a real pro's pro.”
Mr. Brown is a graduate of the University of Texas and holds an MBA from the University of Dallas.
About Brookwood Financial Partners, LLC – Brookwood is a Massachusetts-based private investment firm founded in 1993 that specializes in acquiring and managing commercial real estate and corporate securities on behalf of a select group of institutional and high net worth investors, family offices and trusts. Since its inception, Brookwood has invested over $640 million of equity to acquire a portfolio of 142 assets with a realized and unrealized value in excess of $1.7 billion that has spanned multiple asset classes, geographical markets and industries across the United States.
