JER Names New Prez/COO

Michael Pralle has joined J.E. Robert Cos., McLean, Va., as president and chief operating officer.Mr. Pralle will be responsible for driving the strategic growth of JER and managing the company's operations, as the company continues to expand its global investment platform, JER said. JER sources, underwrites, and manages real estate equity and debt investments in the United States, Europe, and some emerging markets. Mr. Pralle was most recently president and chief executive officer of GE Real Estate, managing a global portfolio of assets. His career at GE spanned 18 years. "Michael's network of relationships in the U.S., Europe, Latin America and Asia will be of invaluable importance as we continue to strategically grow our business," said Joseph E. Robert Jr., chairman and CEO of J.E. Robert.