Philadelphia area-based Equus Capital Partners, a national real estate investment manager and developer, recently announced it has made several senior leadership changes as part of a multi-year succession plan for the firm.
Stephen Spaeder was named president and CEO. He joined Equus in 1988 and previously was responsible for the acquisition and operation of the firm’s portfolio and the development of re-use projects.
George Haines was named executive vice president and chief operating officer. He has led many of the firm’s acquisition, development and asset management initiatives.
Kyle Turner was named executive vice president and chief investment officer. He most recently led investment execution and capital raising efforts for the firm’s comingled fund business, programmatic ventures and co-investments.
Howard Patent was named chief financial officer. He previously managed tax compliance, planning and structuring for Equus and its investment vehicles.
Daniel DiLella, former president and CEO, was named chairman of the board.
“This transition is the next step in the company’s succession planning, and we are confident that under Steve’s leadership, Equus will continue to expand as an institutional real estate investment manager and developer,” DiLella said.
Arthur Pasquarella, former chief operating officer, was named vice chairman of the board.
Robert Maloney, former senior vice president and chief financial officer, was named secretary and treasurer of the board.