Showing posts with label Rreef American REIT II. Show all posts
Showing posts with label Rreef American REIT II. Show all posts
Friday, July 06, 2012
Valerie Jarrett financial interests? smells fishy to me
Until joining the Obama Administration,Valerie Jarrett was the CEO of The Habitat Company, a real estate development and management company[10] which she joined in 1995. She has been replaced by Mark Segal, a lawyer who joined the company in 2002, as CEO. Daniel E. Levin is the Chairman of Habitat, which was formed in 1971.[11] Jarrett was a member of the board of Chicago Stock Exchange (2000–2007, as Chairman, 2004–2007).
She is also the Chairman of the Board of Trustees of the University of Chicago Medical Center,[9] Vice Chairman of the Board of Trustees of the University of Chicago and a Trustee of Chicago's Museum of Science and Industry.[12] Jarrett serves on the board of directors of USG Corporation, a Chicago based building materials corporation.
Jarrett's previous year's income, in a 2009 report, was a $300,000 salary and $550,000 in deferred compensation from The Habitat Executive Services, Inc. The Wall Street Journal also reported she disclosed payments of more than $346,000 for service on boards of directors that reflect her political ties, and work in Chicago real estate and community development. She was paid $76,000 for service as a director of Navigant Consulting, Inc. a Chicago-based global consulting group with governmental clients.
She received $146,600 from USG, and $58,000 to serve on the board of Rreef American REIT II, a real estate investment trust based in San Francisco. The Chicago Stock Exchange, Inc., paid her $34,444.[13]
After she left city hall, Jarrett became CEO of Habitat Executive Services, where she earned $300,000 in salary and $550,000 in deferred compensation.
Follow the federal real estate dollars and land deals in Chicago area San Franciso area.
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