Pine Trail Real Estate Investment Trust announced that, Mr. Sean Nakamoto and Mr. David Luu have resigned from their positions as the Chief Executive Officer and Chief Financial Officer, respectively, of the REIT to focus on other business interests. Mr. Nakamoto will remain as a trustee of the REIT.
Mr. Andrew Shapack, a trustee of the REIT, has been appointed as the Chief Executive Officer and will also assume the position of interim Chief Financial Officer until a suitable replacement can be found. Further, Morgan Taylor has been appointed to assume the role of Corporate Secretary of the REIT, a role that was previously held by Mr. Luu.