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Robert G. Prendergast has been named senior vice president and chief operating officer of Heritage Property Investment Trust Inc., Boston.Mr. Prendergast, 44, was most recently the company's vice president for property management and construction. He has over 20 years of experience in the real estate industry, managing shopping center and other retail office properties, the company said. Heritage also announced that David C. Sweetser, the company's vice president for business development, will assume responsibility for its property management and construction departments. Heritage can be found on the Web at http://www.heritagerealty.com.

Daniel Jacobs has been promoted to chief executive officer of 1st Metropolitan Mortgage, a Charlotte, N.C.-based national mortgage broker.In addition to directing daily operations and developing new business strategies, Mr. Jacobs will continue as director of corporate acquisitions for Empire Equity Group Inc., of which 1st Metropolitan is a division. Before joining 1st Metropolitan, Mr. Jacobs worked as branch, regional sales, and national sales manager for Empire, as well as vice president of business development. In that capacity, he designed a beta-test program that enabled loan officers to work from remote locations, ultimately leading to the acquisition of 1st Metropolitan, the company said.

Christopher T. Kelly has been named director and head of real estate in the structured finance group of CapitalSource Finance LLC, a specialized commercial finance company based in Chevy Chase, Md.Mr. Kelly has more than 17 years' experience in commercial real estate finance, CapitalSource said. He was a founding member in 1999 of CDC Mortgage Capital, where he has served as a managing director chiefly responsible for originating senior and mezzanine large-capitalization loans. He was previously a vice president and senior originator with Lehman Brothers when it was the market's most active originator of CRE whole loans and mortgage-backed securities, CapitalSource said. The company can be found online at http://www.capitalsource.com.

Kevin J. Brennan has been promoted to senior executive vice president of Carlton Advisory Services, a New York-based national real estate investment bank.Mr. Brennan, who joined Carlton in 1999, has over 20 years of combined real estate and finance experience and specializes in complex debt and equity placement, loan sales, and investment sales, the company said.

Diana Grossmann has been promoted to executive vice president at MortgageTree Lending, Modesto, Calif.Ms. Grossmann, who joined MortgageTree in 2000 as chief operating officer, has 23 years of mortgage industry experience, the company said. She is responsible for promoting the company to net branch clients, and for building strong relationships with the company's network of branch managers. Before joining MortgageTree, Ms. Grossmann was president of Golden Empire Mortgage. MortgageTree also announced the hiring of Robert Draizen to succeed Ms. Grossman as COO. The company can be found online at http://www.mortgagetreelending.com.

Cousins Properties Inc., an Atlanta-based real estate investment trust, has announced that Tom G. Charlesworth will retire from full-time employment and turn over his duties as chief financial officer to James A. Fleming in the summer.Cousins said Mr. Charlesworth, 55, will continue as executive vice president, chief investment officer, and senior adviser to the president on a part-time basis. He will assist the new CFO on an as-needed basis through the end of the year and then retire from full-time duties, the REIT said. Mr. Fleming, now senior vice president and general counsel, will be named executive vice president and CFO in August. The REIT can be found online at http://www.cousinsproperties.com.

Fannie Mae veteran Alan F. Greenwald has been named chief operating officer of A. F. Evans Co., a real estate developer and manager based in Oakland, Calif.Mr. Greenwald spent 10 years with Fannie Mae, most recently as director of its multifamily group. He has also worked in the Department of Housing and Urban Development's Office of the Secretary and its Office of the General Council. A. F. Evans develops and manages projects ranging from affordable housing and assisted-living facilities to market-rate apartments and condominiums, the company said.

Samuel J. Greenblatt has been promoted to executive vice president and director of originations at RAIT Investment Trust, Philadelphia.The real estate investment trust said Mr. Greenblatt has 30 years of experience in commercial financing and real estate services. He founded Pinnacle Capital Group LP, a commercial mortgage lender, before joining RAIT as a vice president in 2000. The REIT can be found online at http://www.raitinvestmenttrust.com.

Joseph W. Kiley III has been elected chief executive officer of Wilshire Financial Services Group Inc., Calabasas, Calif., effective upon the expected resignation of CEO Stephen P. Glennon.Mr. Kiley, president and CEO of First Bank of Beverly Hills, was also elected chief financial officer of Wilshire, effective immediately. Wilshire said Mr. Glennon has told its board that he intends to resign shortly after the resolution of final issues involving the sale of Wilshire's mortgage servicing subsidiary, Wilshire Credit Corp. Mr. Glennon will continue to serve on the boards of both Wilshire and First Bank of Beverly Hills.

Cristina F. Sullivan has been promoted to senior vice president of asset management operations at Gables Residential, Boca Raton, Fla.The real estate investment trust said Ms. Sullivan will continue to oversee Gables' REIT operations in the East and fee-management operations in the District of Columbia. She joined Gables in 1988, and was named a regional vice president overseeing management operations for Florida in 1999. She was named vice president in 2002. The REIT can be found online at http://www.gables.com.