Mr. Sargent joined Kennedy in 2000 as Executive Vice President and Director of Asset Management. In that role, Mr. Sargent oversaw the expansion of Kennedy’s Asset Management team as assets grew from $3.5 billion to approximately $9 billion by year-end 2006. In early 2007, Mr. Sargent transitioned to Portfolio Manager for the Multi-Employer Property Trust, the $7 billion open-end commingled fund for which Kennedy is the exclusive real estate investment advisor.

Mr. Sargent has been in real estate investment management and pension advisory for 27 years. Immediately before joining Kennedy, he was a Vice President at GE Asset Management (GEAM) where he worked for approximately ten years. At the time of his departure from GEAM, Mr. Sargent was a portfolio leader responsible for all new investment activity and asset and portfolio management in the central third of the United States. Prior to GEAM, he held positions in acquisitions, debt-workout, and asset management at Aetna Realty Investors in Hartford and William Blair Realty in Chicago. Mr. Sargent began his real estate career in 1983 as an Associate at LaSalle Partners in Chicago.

Mr. Sargent has a Juris Doctorate degree from Case Western Reserve University in Cleveland. He also holds a BA degree in political science/economics from Colorado College. He is active in the National Association of Real Estate Investment Managers (NAREIM), the Urban Land Institute (ULI), the Pension Real Estate Association (PREA), and the Property Working Group of the United Nations Environment Programme Finance Initiative (UNEP FI).

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To contact Preston Sargent by email, please send to PrestonS@kennedyusa.com.