LNR Promotes 4 Execs

LNR Property Corp., a Miami Beach-based real estate investment, finance, and management company, has announced the promotions of several key officers.Ronald Schrager, 41, president of LNR's Real Estate Finance and Servicing Division, has been named chief operating officer of LNR. Robert Cherry, 40, who has been responsible for acquiring and financing LNR's commercial mortgage-backed securities and high-yield real estate debt investments for the past eight years, has been named chief investment officer. David Team, 43, who has managed LNR's Western regional commercial property operations for the past nine years, has been named president of the company's U.S. Commercial Property Group. And Mark Griffith, 46, who has managed LNR's Eastern regional commercial property operations for the past nine years, has been relocated to London and named president of the company's European operations. LNR can be found online at http://www.lnrproperty.com.