REIT adds vice president of fund management

Timothy Lordan joined real estate investment trust Developers Diversified Realty as vice president of fund management, said Betsy Keck, spokeswoman. It is a new position. He will help plan, structure and raise funds. Mr. Lordan was vice president of investor relations at Municipal Mortgage & Equity, which arranges debt and equity financing for developers and owners of real estate and clean-energy projects.