Richard Student is taking on additional responsibilities with his promotion to executive vice president, asset management/finance at United Properties.
Student previously was senior vice president of investments for the Minneapolis-based commercial real estate company owned by the Pohlad family.
In his new role, Student leads day-to-day business management for company assets and financing activities. Student's responsibilities include supervising and directing property managers and leasing agents.
He also is responsible for lease underwriting, negotiation and execution as well as the management of property capital investment.
"One of my responsibilities now will be to take a more active role in collaborating with [chief financial officer] Eric Skalland and [chief risk officer] Bruce McGrath on our banking and borrowing strategy and best practices for our debt operation within the company," Student said.
Student said he also values the opportunity to continue transferring his knowledge of the business through a growing mentorship role with team members on the financing and asset management sides of the company.
"I love working with people who want to, shall we say, increase their professional bank account," Student said.
Student joined United Properties in 1995 as an assistant vice president. He previously held financing positions at Allstate Life Insurance Co., the Balcor Co. and the Griffin Cos.
Student earned a business administration degree from Washington University and an MBA from the University of Wisconsin.