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NORTHBROOK, Ill. (May 12, 2022) – Northbrook-based commercial real estate company Pine Tree, LLC today announced that Shelley Xu, CFA, CPA was promoted to VP, Portfolio Management. This latest promotion will further support the company’s growing portfolio of open-air shopping centers across the country.

A Senior Portfolio Manager with Pine Tree since June 2020, Shelley will now handle strategic oversight of one of Pine Tree’s retail real estate funds. She will be based at the company’s Oak Brook, Illinois office.

“Shelley’s enthusiasm adds to the culture of Pine Tree and its partners, and her drive and dedication to timely, detailed, and precise reporting for partners and stakeholders make her a natural fit for her new role,” said Peter Foran, EVP, Portfolio Management at Pine Tree.

A University of Illinois alumna, Shelley is also currently pursuing her MBA at the Wharton School.