InvenTrust Properties Corp., a publicly registered non-traded real estate investment trust, has appointed Ivy Greaner to the newly created role of chief operating officer, effective July 9, 2018. Greaner will assume a variety of responsibilities and will report to president and chief executive officer Tom McGuinness.
“We are excited to welcome Ivy to the InvenTrust team,” said McGuinness. “Ivy is an accomplished leader with strong operational experience and a proven track record of collaboration, and we look forward to leveraging her extensive real estate expertise to drive value within InvenTrust’s portfolio.”
Greaner brings to InvenTrust more than 25 years of experience in real estate across a variety of product types. She most recently served as regional vice president of Five Point Holdings (NYSE: FPH), where she oversaw all operational aspects of the company’s Northern California region, including the commercial strategy.
Prior to her role at Five Point, Greaner served as COO of Lennar Urban and helped build Lennar Commercial, a Lennar subsidiary that specializes in the development, investment and management of retail, mixed-use and commercial properties.
She spent five years at as partner and chief operating officer of Ram Realty Services, where she oversaw company operations, ground up development and all aspects of commercial and residential asset management.
Greaner serves on the Florida State University Real Estate Advisory Board, the International Council of Shopping Center’s National Economic Committee, and the committee’s Infrastructure Task Force.
InvenTrust Properties, formerly known as Inland American Real Estate Trust, focuses on open air retail centers in growth markets. The offering was declared effective in August 2005 and closed in April 2009 after raising $8.4 billion, according to Summit Investment Research. The company became a self-managed REIT in 2014 and oversees a multi-billion-dollar portfolio of 81 retail properties, as of the first quarter of 2018.