LOS ANGELES–(BUSINESS WIRE)–Treehouse Real Estate Investment Trust, Inc. (“Treehouse”), a privately-held real estate investment trust that owns a net leased portfolio of cannabis-related real estate, announced today that Treehouse has hired Raymond J. Lewis as its President and Chief Executive Officer. In his role as President and CEO, Mr. Lewis will be tasked with, among other items, building the team and infrastructure to internalize the management at Treehouse, executing on Treehouse’s growing transaction pipeline and prepare Treehouse for an initial public offering.
Mr. Lewis is a seasoned real estate executive with over 23 years of real estate investing experience and 15 years in senior leadership positions with U.S. public real estate investment trusts. Mr. Lewis most recently served as Chief Executive Officer and President of Care Capital Properties, Inc. (NYSE: CCP), following its spin-off from Ventas, Inc. (NYSE: VTR) in 2015 until its acquisition by Sabra Healthcare REIT, Inc. in 2017. Prior to Care Capital Properties, Mr. Lewis served as President of Ventas from 2010 to 2015, and Chief Investment Officer of Ventas from 2002 to 2010. Before joining Ventas, Mr. Lewis was a Managing Director of Business Development for GE Healthcare Financial Services, and an Executive Vice President of Heller Financial, Inc.
“I’m extremely excited about the opportunity to build another industry leading REIT at Treehouse and energized to take on my new role as the President and CEO,” said Raymond Lewis. “With our growing portfolio of high-quality assets and proprietary relationships with top operators, we are poised to capitalize on the attractive real estate investment opportunities in the rapidly growing cannabis industry.”
Mr. Lewis will also join Treehouse’s Board of Directors.
About Treehouse Real Estate Investment Trust, Inc.
Treehouse Real Estate Investment Trust, Inc. is a recently organized, externally managed real estate investment company focused on the acquisition, ownership and management of specialized retail and industrial properties leased to experienced, state-licensed operators for their regulated adult-use and medical-use cannabis facilities. Visit www.TreehouseREIT.com to learn more.
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