DENVER – April 10, 2024 – Broe Real Estate Group (BREG), the multi-billion-dollar Colorado based developer, has named Elliot Pope Chief Financial Officer. Pope’s extensive real estate finance and accounting experience will guide finance strategy for Broe Real Estate Group’s dynamic portfolio. In the past decade alone, BREG has grown its multi-family holdings by $500 million, announced $200 million in commercial projects, and sited an expansive industrial project portfolio for Fortune 500 tenants that include Lineage Logistics and The Home Depot.
“Elliot brings a balanced accounting and finance perspective that is an ideal fit for Broe Real Estate’s growth objectives and the current market conditions we currently face,” said BREG CEO Douglas Wells. “We continue to see strong opportunities ahead and a comprehensive finance strategy is essential to pace our growth.”
In his new role, Pope will oversee all Broe Real Estate Group finance and accounting functions and will join the BREG Management Committee. Previously, Elliot served as Chief Financial Officer and Vice President of Finance at Oxford Development in Pittsburgh. Prior to Oxford, Elliot worked at Zamagias Properties, a privately owned Pittsburgh based developer of retail and mixed used properties.
“I am excited to join a dynamic real estate team with an impressive track record and clear growth strategy,” said BREG CFO Elliot Pope. “Broe Real Estate Group combines deep resources with a disciplined focus to enable aggressive participation in a market that is poised with opportunity.”
Originally from Memphis, Tennessee, Pope graduated from the University of Notre Dame, earned a CPA designation (inactive) and received a master’s in accountancy from the University of Mississippi. Elliot begins his new responsibilities immediately.
About Broe Real Estate Group
Broe Real Estate Group, an affiliate of The Broe 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. The Broe Group has a 50-year history of value-add real estate investing in Colorado and across the United States. We improve value though the implementation of focused business plans that increase cash flow and create stable income streams. For more information, visit broerealestate.com.
About OmniTRAX, Inc.
As one of North America’s largest and fastest growing private railroad and transportation management companies, OmniTRAX’s core capabilities range from providing transportation and supply chain management services to railroad and port companies, to providing intermodal and industrial switching operations to railroads, ports and a diverse group of industrial companies. Through its affiliation with The Broe Group and its portfolio of managed companies, OmniTRAX also has the unique capability of offering specialized industrial development and real estate solutions, both on and off the rail network managed by OmniTRAX. More information is available at omnitrax.com.
About The Broe Group
Founded in 1972, The Broe Group is a private, multi-billion-dollar investment group with diversified holdings in real estate, rail, infrastructure, energy, agriculture, water, healthcare and technology throughout 37 North American states and provinces. Its deep operational knowledge derived from owning and operating multi-billion-dollar businesses and the global economic insights gleaned from serving its vast Fortune 500 clientele are strategic differentiators. The Broe Group’s entrepreneurial focus enables it to find true value wherever it resides. For more information, visit broe.com.
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