Cleveland, OH – Fairmount Properties, the Cleveland-based mixed-use real estate development/management firm, has announced that Eric J. Louttit will join the firm in early April as chief investment officer/principal.
Louttit, formerly senior vice president of development at Forest City Realty Trust, brings a deep background of commercial real estate development experience to his new position at Fairmount Properties. At Forest City, he was responsible for identifying and executing development/ redevelopment opportunities within the company’s portfolio. Earlier in his 16-year tenure at Forest City, Mr. Louttit worked with university and public sector clients, as well as in Finance, securing both debt and equity and other forms of capital for new and existing commercial real estate projects. He also possesses extensive experience in forging productive public/ private partnerships for development/redevelopment projects.Read More