Vicky Schiff, co-founder and managing partner at Mosaic Real Estate Investors, is leaving the firm through a buyout of her interests in the real estate management firm, according to a news release.
Her departure is part of a transaction in which real estate manager Lubert Adler Real Estate Funds is investing in a pool of assets owned by Mosaic Real Estate Investors, said Ethan Penner, co-founder and CIO in an email.
Lubert Adler's investment will provide Mosaic with "liquidity that we can utilize as needed to support our portfolio," he said.
Mr. Penner declined to provide further details about the transaction or the pool of assets.
"Vicky is a highly talented business builder and one of the most admired professionals in the real estate industry," said Dean Adler, CEO and co-founder of Lubert Adler, in the release