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Alfred Sanzari Enterprises

Hackensack, NJ 07601

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Release Date: Wednesday, August 13, 2014

Media Contact: Christine Ziomek (201) 796-7788

Industry Professional Brings More than 25 Years' Experience to New Position

HACKENSACK, N.J., August 13, 2014 – Joel H. Hammer of Syosset, N.Y., has joined real estate development firm Alfred Sanzari Enterprises as executive vice- president/chief financial officer (CFO). Hammer comes to Alfred Sanzari Enterprises with more than 25 years' of experience in the financial, accounting, reporting, treasury, operational and administrative aspects of real estate companies.

In his new role at Alfred Sanzari Enterprises, Hammer will direct the execution of the company's business plan and strategy, and oversee all finance and accounting functions. "Alfred Sanzari Enterprises is a dynamic, team-oriented real estate firm with an extraordinary history of making substantial contributions to the communities in which it does business," said Hammer. "I am excited for the opportunity to join this great organization and help lead the way for its continued success."

Prior to joining Alfred Sanzari Enterprises, Hammer was senior executive and CFO at a public REIT (Real Estate Investment Trust), and was CFO/COO of a privately owned real estate investment and management company. He also spent more than 17 years as the CFO of AIG's Global Real Estate group, playing a significant role in growing the group from startup to a company with worldwide operations and a global portfolio of more than $25 billion in assets under management.

Hammer also has served as a senior manager at KPMG LLP, an audit, tax and advisory firm serving private and publicly registered companies in a broad range of industries, including real estate and emerging businesses. In addition, he was involved in IPOs, and merger, acquisition and disposition transactions.

A certified public accountant, Hammer graduated magna cum laude from the State University of New York at Albany with a bachelor's degree in accounting. A skilled lecturer, Hammer often is called upon to share his expertise as a guest speaker at industry events, conferences and seminars.

"Alfred Sanzari Enterprises prides itself on the professionalism and experience of its senior management team," said David Sanzari, Alfred Sanzari Enterprises' president and CEO. "Joel's extensive industry knowledge and proven leadership abilities make him an ideal fit for our firm. We are confident he will play an integral role in positioning Alfred Sanzari Enterprises for future growth."

Founded in 1945 by Alfred N. Sanzari, Alfred Sanzari Enterprises is a second-generation family owned and operated business, and one of New Jersey's foremost real estate developers, owners and managers. The firm is known for the quality design and construction of its buildings, superior hands-on property management and the integrity of its tenant relationships. Many of Alfred Sanzari Enterprises' strategically located office, industrial, residential, retail and hospitality properties are iconic landmarks in their respective markets with a broad range of world-class corporate tenants. The company is headquartered in Hackensack, N.J.


About Alfred Sanzari Enterprises