Colocation Firm CoreSite Realty Names Jeff Finnin its New CFO
Finnin will succeed Deedee Beckman starting January 24, 2011.are pleased to have Jeff join our leadership team, Ray, chief executive officer of CoreSite said in a statement. brings deep experience in REITs, public accounting, public company financial reporting and planning, and public capital markets activities. He joins us at an exciting time, and we look forward to his proven capabilities being applied to CoreSite business and enhancing the execution of the Company growth plan. He was responsible for establishing and managing corporate policies in accounting and finance, capital markets activites and related regulatory filings.Prior to Prologis, Finnin spent 18 years in public accounting, as a partner with KPMG and Arthur Anderson.am looking forward to joining CoreSite and to working with Tom and the management team in capitalizing on the opportunities in front of the company, said Finnin. has assembled a strong group of leaders in the industry and I pleased to be a part of the organization.CoreSite has been a public traded company since September. In December the company declared a dividend of $0.13 per share of common stock and common stock equivalents for the fourth quarter of 2010 that will be paid to stockholders on January 14. As a REIT, the company gets certain tax advantages but must distribute most of its profits to shareholders in dividends.On Tuesday, REIT Carter Validus Mission Critical reportedly started selling shares for a stock offering. While the company has yet to aqcuire any properties, the company hopes to raise between $200 million and $1.75 billion to purchase data centers and medical facilities.
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