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Tuesday, January 21, 2014

Michael Romaniw Joins Sterling Organization as CFO

FOR IMMEDIATE RELEASE

PALM BEACH, FL – Sterling Organization, a vertically integrated private equity real estate investment firm headquartered in Palm Beach, FL, is pleased to welcome Michael Romaniw to its management team. Mr. Romaniw will serve as Chief Financial Officer and will be responsible for all financial aspects of the company including property, investor and fund accounting, tax planning and compliance, and treasury operations. Mr. Romaniw will also serve on the company's Investment Committee.

“We are pleased to be able to upgrade our team with the addition of Michael Romaniw as CFO,” said Brian Kosoy, Sterling’s Managing Principal, President and Chief Executive Officer. “Mike’s experience and qualifications coupled with his stellar reputation made his hiring a no-brainer. We have no doubt that if we are able to lever his skills as we intend, such will go a long way to taking our firm to the next level.”

Prior to joining Sterling, Mr. Romaniw served as Senior Vice President of Finance for Parmenter Realty Partners. Mr. Romaniw directed all accounting, financial reporting operations and debt financings for Parmenter's four institutional real estate funds totaling more than $675 million in capital commitments. Prior to his role at Parmenter, Mr. Romaniw was employed at The AES Corporation where he worked in various tax and financial management positions. Mr. Romaniw started his career in tax with Ernst & Young.

Mr. Romaniw received his Master of Business Administration and Master of Taxation degrees from Canisius College and a Bachelor of Arts degree from McMaster University. He is a Certified Public Accountant licensed in both New York and Florida.

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About Sterling Organization
Sterling Organization is a vertically integrated private equity real estate firm that has an established track record of providing exceptional risk-adjusted returns to its partners, in both relative and absolute terms. The company is focused on investing in value-add retail real estate assets in major U.S. markets on behalf of Sterling’s principals in partnership with the highest quality institutional and high net worth investors. Sterling Organization is headquartered in Palm Beach, FL.

Media Contact
Lauren Burford
Vice President, Marketing
(561) 835-1810

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