EDENS Names Mark Garside Chief Financial Officer, Jami Passer Chief Investment Officer

Press release from the issuing company

Friday, May 15th, 2015

EDENS, one of the nation's largest owners and developers of community shopping centers, announced today the appointment of Mark Garside as Chief Financial Officer. Garside was the company's Managing Director and head of Capital Markets for the past ten years.

As CFO, Garside will be responsible for capital markets, investor relations, finance, accounting, tax and treasury.  Throughout his 20-year career, he has supervised debt and equity financing transactions, public financing transactions, joint venture and partnership structuring, investments and business development.  Garside has participated in over $10 billion of private and public capital market transactions.

CEO Jodie McLean said, "With his vast experience and knowledge of EDENS and its capital providers, Mark's transition to CFO is seamless, and he will continue to have a major impact on the growth and success of EDENS."

"I am honored and energized to have the opportunity to work with Jodie and the executive team, and look forward to continuing the great work on behalf of EDENS," said Garside.

Garside received a Master of Business Administration degree from the University of Virginia, as well as a Bachelor of Arts degree and a Juris Doctor degree, with honors, from the University of North Carolina.

EDENS also announced today the appointment of Jami Passer as Chief Investment Officer. Passer was the company's Managing Director and regional head of Florida prior to her appointment.

As CIO, Passer will have strategic responsibility for EDENS' core portfolio, which includes developing and executing the growth strategy. Throughout her eight-year tenure at EDENS, Passer has been responsible for over $750 million of transactions and has transformed the broader EDENS Florida portfolio into a South Florida-focused portfolio in order to capitalize on the attractive demographics of the Miami metropolitan area. Prior to joining EDENS, Passer was a Managing Director with Andersen Corporate Finance where she advised private and publicly held real estate clients in accessing equity and debt capital.

CEO Jodie McLean said, "Jami is a great addition to our executive management team.  With her vast experience and knowledge of EDENS, Jami will bring a great perspective on driving value throughout our entire portfolio."

"I am honored to be named CIO and look forward to the continued growth of EDENS and its holdings," says Jami Passer.

Passer is a member of the International Council of Shopping Centers and holds a Bachelor of Science in Economics from The Wharton School and a Bachelor of Arts in International Relations from the University of Pennsylvania.