Signet LLC, the diversified investment firm that constructed $5 billion in properties while growing from its construction roots to owning varied operating companies, is taking steps to boost productivity in its core realty business.The Akron-based concern has reorganized its real estate group and recently brought in Tracy Green, the retired founder and president of IRG Realty Advisors, as the unit’s first CEO. Signet also elevated Jason Perry, the president of its development unit, to president of its real estate group.Tony Manna, Signet principal and chairman, said that over time, the company has grown by word of mouth among clients who need sophisticated or complex real estate and construction expertise, moving into various realty enterprises along the way.”(Green) has shown over the years he can work with various disciplines in real estate, and we are excited about the leadership and growth he can bring,” Manna said.Ken Krismanth, Signet principal and CEO, said that as the company grew on a deal-by-deal basis, it wound up having silos with individual leadership for its real estate development, economic development and property management practices.”We want the real estate units to work more cooperatively and strategically to extract the value of each unit separately and together… Read full this story
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