Hartman Income REIT Management Inc., a sponsor of publicly registered non-traded real estate investment trusts, has hired Keith Roddy as president of capital markets.
According to the company, in his new role, Roddy will lead the broker-dealer, registered investment adviser, family office, institutional, and internal sales teams, and will also provide direction to the company on REIT sales growth and investment operations.
“Keith joins us at a very key time in our company’s growth and we are delighted to have him on board,” said Al Hartman, president and chief executive officer. “His extensive experience in sales leadership will propel us toward achieving our goals.”
Roddy, who has more than 20 years of financial services and executive sales and marketing experience, most recently served as the director for national accounts at Security Benefit where he was responsible for business development and account management for the independent broker-dealer (IBD) and RIA channels. The company said that during his tenure, he raised more than $3 billion for new product offerings.
Earlier in his career at Security Benefit, Roddy served as an insurance marketing organization and IBD channel national sales manager where he developed sales training programs and processes, directed sales activities for 60 team members, and coordinated the creation of the financial institution division, which raised more than $2 billion in 18 months, the company said.
Roddy attended the University of Houston where he majored in business and holds his insurance and annuity, Series 7, 26, 63, and 65 licenses.
In other company news, Hartman Income REIT Management recently hired Michael Racusin as general counsel and corporate secretary.
Hartman has experience acquiring, owning, managing, and leasing commercial office, retail, light industrial and warehouse properties located in Texas. Since 1983, Hartman and its affiliated entities have sponsored 24 programs and acquired interests in more than 90 real assets totaling approximately $815 million as of December 31, 2020.