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- DALLAS -- Behringer Harvard announced today that Scott Fordham will join the firm on May 27 as senior vice president -- accounting. Mr. Fordham will lead the accounting team for the firm's flagship real estate investment program, Behringer Harvard REIT I, Inc. The portfolio of Behringer Harvard REIT I, Inc. currently includes 75 properties representing more than 25 million square feet of office space that were acquired at a total purchase price of approximately $4.8 billion.
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"We're pleased to welcome Scott to the Behringer Harvard management team," said Robert M. Behringer, founder and chief executive officer of Behringer Harvard. "The expertise that Scott brings to this new role will be important to our management team as we guide Behringer Harvard REIT I through completion of its public offering and beyond."
Mr. Fordham has more than 17 years of experience in corporate finance and accounting with emphasis on accounting practices, financial statements for public companies, and financial forecasting and strategy. His experience includes 11 years in the REIT industry. Most recently, he served as senior vice president and chief accounting officer for Apartment Investment and Management Company (AIMCO), an S&P 500 company operating as a publicly traded REIT with assets of approximately $10.6 billion. From November 1992 to December 2006, he held various finance and accounting positions with Prentiss Properties and its successor, Brandywine Realty Trust, a publicly traded REIT, and served as chief accounting officer from May 2004 to December 2006.
During his tenure at Prentiss Properties, Mr. Fordham worked with Thomas F. August, the former president and chief executive officer of Prentiss Properties. Mr. August joined Behringer Harvard in February 2008 as chief operating officer for Behringer Harvard REIT I, Inc.'s advisor. Tom August said, "I'm delighted to have the opportunity to work with Scott once again to build a REIT that is positioned for long-term success."
Mr. Fordham also previously worked in public accounting with PricewaterhouseCoopers LLP. He holds a B.B.A. degree from Baylor University and is a certified public accountant in the state of Texas.
About Behringer Harvard
Behringer Harvard is a commercial real estate company investing in assets domestically and internationally. The company creates and manages strategic real estate fund opportunities across a wide spectrum of investment styles for retail investors, as well as domestic and international institutions, through its real estate investment trusts, partnerships, joint ventures, and proprietary program structures. For more information, call toll-free 866.655.3600 or visit behringerharvard.com.
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