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Broe Real Estate Group Updates Leadership Team for Growth

DENVER: Broe Real Estate Group, an affiliate of The Broe Group, announced two additions to its leadership team to augment the company’s asset management, development and construction capabilities. Walter Armer joins as Vice President, Development and Portfolio Management with responsibilities for the Broe Real Estate Group multi-family portfolio including the building and marketing of Country Club Towers II. Andy Poremba joins as Vice President, Construction, and will support Armer in the development of Country Club Towers II.

“Walter and Andy bring great experience and enthusiasm to our team at a time when we’re poised for tremendous growth. Their expertise will be particularly valuable with the Country Club Towers II project and considerably enhances the construction and development capabilities of Broe Real Estate Group. We’re glad to have them on board,” said Doug Wells, CEO of Broe Real Estate Group.

Armer, who has 25 years of multi-family asset management and development experience, joins Broe Real Estate Group from the CORE Companies, a private multi-family development firm based in San Jose, CA. He holds a B.S. in Business Administration from the University of Phoenix and an M.B.A. from the F.W. Olin Graduate School of Business at Babson College.

Poremba has 25 years of construction and development experience to BREG and is joining Broe Real Estate Group from ServiceStar Development Company, where he spent 14 years, most recently as Director of Construction. He is a graduate of Colorado State University with a B.S. in Industrial Construction Management.

About Broe Real Estate Group
Broe Real Estate Group acquires, develops and manages commercial real estate assets. Affiliated companies own and manage office and industrial properties, medical office buildings and multi-family communities across the country, including premier assets in many of the most desirable markets. For more than 40 years, the company has operated a comprehensive real estate platform to provide complete solutions to maximize return on investment. Additional information is available at www.broerealestate.com.

About The Broe Group
The Broe Group, based in Denver, Colorado, is a diversified privately-owned enterprise with a multi-billion asset base. The Broe Group and its affiliates employ more than 1,000 people directly and provide employment for countless others through its Great Western Industrial Park in Northern Colorado. The Broe Group and its affiliates own and/or manage commercial real estate and other businesses across North America. Its transportation affiliate, OmniTRAX, Inc., is a leading transportation services firm with railroad, port and terminal operations, and is the 2nd largest operator of short-line railroads in the U.S. Its energy affiliate, Great Western Oil & Gas Company, is a top 10 driller in Colorado and among the top 100 drillers in the U.S. The Broe Group has multiple other investment affiliates, including Three Leaf Ventures, which is focused on innovative healthcare technology start-ups. For more information, see www.broe.com.