Westmount Realty Capital Hires Office Real Estate Expert, Derek Schauer, as Senior Director – Office Acquisitions

DALLAS – April 24, 2018 – Westmount Realty Capital, LLC, a commercial real estate development and investment management company, announced that Derek Schauer has joined the company as Senior Director – Office Acquisitions. Schauer will play an integral role in expanding Westmount’s office portfolio by seeking out investment opportunities and managing the acquisitions process.

“We are actively seeking to acquire stabilized central business district, suburban and infill office properties along with value-add office assets across the U.S. We believe that Derek’s expertise in this sector will help us to achieve this goal,” said Clifford Booth, president and CEO of Westmount. “Westmount has a strong reputation in the industrial and multifamily sectors and we’re confident that Derek will help us grow our office portfolio and continue to strengthen our reputation within the office sector.”

Before joining Westmount, Schauer was vice president and principal of Solid Rock Group where he was responsible for sourcing, underwriting and asset management for the firm’s office investments.

While at Solid Rock Group, he managed investment deals ranging from $100 million to $1 billion per transaction.

Prior to joining Solid Rock Group, Schauer spent nearly 10 years at Dallas-based Cawley Partners. As director of asset management, he managed 23 buildings totaling 4 million square feet of office space in seven markets across the U.S. and was responsible for negotiating and managing the acquisition of office assets of totaling more than $230 million.

Schauer is an active member of Young Real Estate Professionals and the Jesuit Real Estate Group. He is also a member of The One Society, an organization that supports Dallas-based Children’s Health by engaging and fostering young leaders to make life better for children through philanthropic, educational, fundraising, volunteer and social opportunities. Schauer holds a bachelor’s degree in finance from Florida State University.

About Westmount Realty Capital

Westmount Realty Capital, LLC is a time-tested, privately held, Dallas-based commercial real estate company that has achieved exceptional performance, with a core team in place, for more than 30 years. Westmount is seen as an innovator and leading edge company in the industry and is a trusted operating partner of numerous U.S. and foreign institutional and private capital sources. The company is active nationally, specializing in value add and opportunistic investments, and has navigated successfully through multiple market cycles. For additional information, contact www.westmountrc.com.

For more information, contact:
Westmount Realty Capital, LLC:
Alice Kettle, Manager of Investor Relations
214-884 3702
akettle@westmountrc.com

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