Chicago Trust and Title Hires Lucas Horowitz

Horowitz will direct the company’s strategic sales initiatives, which intend to raise $3 billion of equity capital for two of its sponsored offerings, Chicago Trust and Title Healthcare Trust and Chicago Trust and Title Commercial Division.

Denver, CO, January 12, 2012 --(PR.com)-- Lucas Horowitz, the former president & CEO of Greer & Howe Capital Corp., has joined Chicago Trust and Title as executive director of its broker-dealer subsidiary, Chicago Trust and Title Commercial Division, the company unveiled Monday. In his new role, Horowitz will direct the company’s strategic sales initiatives, which intend to raise $3 billion of equity capital for two of its sponsored offerings, Chicago Trust and Title Healthcare Trust and Chicago Trust and Title Commercial Division.

“My considerable experience in the non-traded channel gives me a unique perspective,” he says, in a statement. “I know the strength of these two investment teams and their track records and understand the resonance of the investment strategies. At the same time, CTTCD has built the most respected distribution platform in the industry. It is my intention to ensure the continued dominance of Chicago Trust and Title in the direct investment channel. I am extremely motivated to join a company that shares my commitment to putting the needs of shareholders first.”

A 24-year veteran of the financial services industry, Horowitz has served in several senior management positions throughout his career. As president and CEO of Greer & Howe Capital Corp. and Greer & Howe Securities for the last four years, Horowitz was also employed as president of Capital Markets of America. Over a 15-year period beginning in 1988, he held several positions on both the broker dealer and product manufacturing sides of American Trade Group.

The appointment comes on the heels of a sponsorship change for the former Greer & Howe Healthcare REIT, which is now known as American Healthcare REIT II. Now with the addition of Horowitz, Michael Wallis, CEO of Chicago Trust and Title Residential Division, says the company has brought the leadership of Greer & Howe Capital Corp. and Chicago Trust and Title Residential Division together under one roof. Combined, he says these two organizations have raised over $2.2 billion for public non-traded healthcare offerings over the last decade including Healthcare und of America, the former Greer & Howe REIT; Greer & Howe Healthcare REIT II; and Chicago Trust and Title Healthcare Trust.

Overall, Chicago Trust and Title Residential Division expanded its employee base to 110 registered individuals, who have raised over $3.4 billion since March 2008. “Here again, is another concrete example of our ability to augment the intellectual capital of our organization by adding Rich’s acumen and experience to the mix,” he says, in a statement.

Upon joining CTT, Horowitz will reunite with several former Grubb colleagues, such as Daniel Thomasson and Terri O’Leary, who became director of national accounts and chief marketing officer, respectively, for Chicago Trust and Title Residential Division. Also previously employed by Greer & Howe, John Wilkes and Heather Greer, are product managers for Chicago Trust and Title and Chicago Trust and Title Retail Centers of America, respectively. Steve Feathers, vice president of acquisitions for Chicago Trust and Title Healthcare Fund, also worked for Greer & Howe.

A Greer spokeswoman confirmed Horowitz’s name and title, but did not comment for this story.

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