Louisville, Colorado (PRWEB) February 06, 2015
Real Capital Solutions, a nationally focused investor of workout and value-add real estate, announces the addition of a new President.
“I am delighted to announce the appointment of Shaun O’Connor as President, effective January 2, 2015,” indicates Real Capital Solutions founder and CEO Marcel Arsenault.
Shaun’s appointment as President comes as part of a planned leadership transition for RCS over the next three to five years. With the expectation that Marcel Arsenault will move to Chairman of the Board, and former President Sharon Eshima (now COO) will transition to the Arsenault Family Foundations and the Arsenault Family Office, it is anticipated that Shaun will ultimately be promoted to Chief Executive Officer, under Marcel’s and Sharon’s leadership.
Mr. O’Connor began his real estate career in 1997 with GE Real Estate and over the next 11 years he progressed through a series of roles including earning a Six Sigma Master Black Belt and was ultimately promoted to CFO of US Equity Real Estate. During the market crash in 2008, Shaun was recruited by CB Richard Ellis Investors as Global Chief Finance and Risk Officer. In 2011, Shaun was recruited by Tourism Development and Investment Company as CFO. TDIC is a master developer of major tourism destinations for both the public and private sectors in Abu Dhabi, UAE.
Arsenault adds, “The addition of Shaun to the Real Capital Solutions team is truly a great opportunity for RCS, its employees and investors. Shaun will help RCS continue its rapid expansion, both nationally and internationally. With Shaun at the helm, and with new capital partners, RCS has the opportunity to grow its business from our current $ 1.3 billion assets under management, to an exciting company with assets exceeding $ 5 billion.”