OAK BROOK, Ill. (December 10, 2024) – Pine Tree today announced that it has appointed Conor Bossy and Matt Lougee to the company’s Board of Directors. Bossy and Lougee bring a combined 30 years of retail real estate experience to the Board and will work closely with other Directors to oversee the company’s acquisitions strategy, value-enhancing portfolio management, and capital formation.
Bossy currently serves as the company’s Chief Investment Officer where he leads Pine Tree’s acquisitions platform targeting open-air shopping centers across the United States. Since his promotion to CIO in 2021, Bossy has overseen the successful acquisition of $1.06 billion in assets.
Lougee currently serves as Pine Tree’s President, Capital Markets where he oversees capital raising and investor relations for the national retail real estate company. Prior to joining Pine Tree in 2022, Lougee served as the Division Financial Officer – Retail for the Irvine Company, Executive Vice President of Finance for shopping center owner Westwood Financial, and Senior Vice President of Finance at DDR Corp. (now SITE Centers NYSE: SITC).
Bossy and Lougee together oversaw a successful $495 million portfolio acquisition in May 2024, one of the year’s single largest U.S. retail real estate transactions.
“Matt and Conor will bring a diverse range of industry expertise and add tremendous value to our already strong Board, which includes David Henry, Paul Freddo, and Steve Vittorio,” said Peter Borzak, Chief Executive Officer and Board Chairman of Pine Tree. “Their deep understanding of retail real estate, portfolio/asset management, and capital raising – combined with their strategic vision – will be instrumental in helping us accelerate our ongoing national acquisition strategy.”
