Mr. John H. Cassidy This is Me

Education

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1. 1. www.globest.com

   www.globest.com/news/1168_1168 - [Cached]

   Published on: 6/5/2008   Last Visited: 6/6/2008

   The locally based firm has also tapped 20-year multifamily industry veteran Jack Cassidy to head up the operation as president.
   
   The name change was made in an effort to bring all of Lightstone's apartment business, which comprises roughly a third of the overall company, under one umbrella, says Cassidy.He joins the firm from America First Apartment Investors Inc., where he was president and chief executive officer until the REIT was sold last year.The Cedarbridge brand, he says, will extend throughout the firm's entire 22,000-unit multifamily platform."Some properties were under the Beacon Management flag, others were referred to as Lightstone," Cassidy says."I think another reason was that the Beacon name is a relatively common one."Cedarbridge, he adds, just happens to be one of the main streets in Lightstone's home base.
   
   Having just taken the helm of Cedarbridge, Cassidy admits he's going through an adjustment period.The first order of business, he stresses, is to strengthen and integrate the firm's operating platform."At this point, my agenda is to really get my hands around the company and understand it a bit better," he says.
   ...
   And next year, Cassidy relates, "we'll probably look to grow the company--begin to formulate a strategy relative to acquisitions, see what markets to grow into and to expand in." Right now, Lightstone is in the process of disposing some of its assets."We're getting some very good prices on a couple of properties in New Jersey, which is still a very strong market."
   
   He's bullish on the apartment sector's strength, even with the current issues the economy may be facing.Occupancies are holding strong in the firm's properties in Maryland, New Jersey and Washington, DC, he says, and even Detroit, which is experiencing some weakness due to the unemployment situation and poor local economy.Lightstone's affordable properties, most of which utilize the Section 9 program, are also doing quite well, he adds."Multifamily is holding up pretty well in an otherwise difficult economic environment," says Cassidy.Email | Print | Reprints

2. 2. www.sec.gov

   www.sec.gov/Archives/edgar/dat - [Cached]

   Published on: 6/29/2007   Last Visited: 7/10/2007

   0001269556 CASSIDY JOHN H JACK 1004 FARNAM STREET SUITE 100 OMAHA NE 68102 1 1 0 0 President and CEO

3. 3. America First - About Us

   www.apro-reit.com/au_team.asp - [Cached]

   Published on: 9/1/2007   Last Visited: 9/1/2007

   John H. Cassidy - President and Chief Executive Officer Mr. Cassidy was named President and Chief Executive Officer of the REIT in September 2003. From 1992 to 2002,he served as President of America First Properties Management Company L.L.C., the property management subsidiary of America First Companies L.L.C. From 1980 to 1987, Mr. Cassidy was a Vice President of E.F. Hutton & Co., Inc. Mr. Cassidy was an Assistant Vice President of Bank of America from 1978 to 1980. Mr. Cassidy received a Bachelor of Arts from Georgetown University and a Masters of Business Administration from Columbia University School of Business.