Highlands REIT, Inc. announced that effective July 8, 2019, the company appointed Kimberly A. Karas to serve as the company’s Senior Vice President and Controller. In this capacity, she will also serve as the company’s principal accounting officer. Ms. Karas, previously served as Vice President of Finance for Link Industrial Properties (formerly Gateway Industrial Properties), a Blackstone platform company, from 2018 to 2019. In connection with Ms. Karas’ appointment as Senior Vice President and Controller, Paul A. Melkus ceased to serve in the role of principal accounting officer of the company, effective July 8, 2019. Thereafter, Mr. Melkus will continue to serve as the company’s Executive Vice President, Chief Financial Officer, Treasurer and principal financial officer.
Highlands REIT, Inc. is a self-advised and self-administered real estate investment trust (REIT). The Company owns and manages substantially all of the non-core investment properties. The Company operates through two segments: multi-family and other. The Company's portfolio of investment properties consisted of 13 multi-family, three retail, one office and two industrial properties, one correctional facility and one parcel of unimproved land, which are all located in the United States. The Company's properties include 1620 Central, Buerger Brothers Lofts, Chamber Lofts, Kenilworth Court, Tennyson44, The Detroit and Detroit Terraces, The Lafayette, The Locale, The Muse, The Sterling, Hudson Correctional Facility, Market at Hilliard, The Q Lofts, Sherman Plaza and others.