REIT Realigns Exec Responsibilities

American Financial Realty Trust, Jenkintown, Pa., has reported the completion of a strategic realignment of its senior management team's responsibilities along more functional lines.James T. Ratner, American Financial's senior vice president and chief financial officer, has been promoted to executive vice president for finance and corporate strategy, while David J. Nettina, the company's chief real estate officer, will assume the additional role of CFO. Robert J. Delany, SVP for capital markets and corporate strategy, has been promoted to EVP and chief operating officer for Europe. In additional, Glenn Blumenthal and Edward Matey Jr. have been promoted to EVP, and they will continue in their roles as COO and general counsel, respectively. The real estate investment trust can be found online at http://www.afrt.com.

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