REIT Management Company Formed

A partnership sponsored by Robert M. Bass has announced the formation of Oak Hill REIT Management LLC in conjunction with Jon Fosheim and John Herold, who have been named chief executive officer and chief operating officer, respectively, of the new firm.The firm will trade the capital of its sponsors and operating principals in various investment strategies. Mr. Fosheim and Mr. Herold were most recently associated with Green Street Advisors Inc., a research and consulting firm focused on publicly traded real estate securities. Mr. Fosheim was co-founder and co-CEO of Green Street, and Mr. Herold was its senior analyst responsible for strip retail and manufactured housing real estate investment trusts.

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