First Capital Hires New CAO

NEW YORK, Aug. 2, 2016 /PRNewswire/ -- First Capital Real Estate Advisors, LP ("First Capital"), announced today that it has hired Paschal Ferreira as Chief Accounting Officer. Mr. Ferreira will oversee First Capital's accounting team, and will be responsible for financial reporting, accounting operations, and implementing and ensuring proper financial controls and systems.

Suneet Singal, CEO and Chairman, commented, "Paschal bears a breadth of accounting acumen, and we look forward to the application of his expertise to our current and future offerings."

Most recently, Mr. Ferreira served as VP, Divisional Chief Accounting Officer at AR Global where he was responsible for managing the finance and accounting functions of the global real estate franchise which included Global Net Lease, a publicly traded REIT, and American Realty Capital Global Trust II, a public non-traded REIT. Prior to that role, Mr. Ferreira was a Senior Manager at Ernst & Young serving both public and private clients across the real estate, retail and consumer products, industrial products, and manufacturing industries. Mr. Ferreira received his B.S. in Accounting from St. Peter's University (f/k/a St. Peter's College) and is a licensed CPA in both New York and New Jersey.

About First Capital 

First Capital Real Estate Investments, LLC was founded in 2003 in Sacramento, CA. The firm, as it stands, has developed into a complete vertically integrated company working in the following capacities: finance structuring (debt and equity), real estate acquisition, land development, construction of both residential and commercial, retail operations and asset reposition to stabilization. First Capital's dual investment strategy focuses on secondary and tertiary markets seeking opportunistic assets with value-add potential. First Capital has offices in Sacramento, CA and New York, NY. First Capital's geographic focus is nationwide.

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SOURCE First Capital Real Estate Investments, LLC