Cumberland Holdings Press Release
March 5, 2018

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San Francisco, March 5, 2018 – Cumberland Holdings announced today that Harry Arthur will join the company as Director of Acquisitions.  Harry will lead all multi-family acquisition activities for the firm, as it continues to grow assets under management.  Said Graham Chernoff, President of Cumberland Holdings, “Having worked closely with Harry for many years, I have tremendous confidence in his ability to successfully and meaningfully deliver industry leading investment performance for our investors.  He is an excellent investor and operator with solid judgment, honed by many years of acquiring and operating Western Region apartment communities.  I could not be more pleased that Harry wants to bring his experience, integrity, and investment discipline to Cumberland.”

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Harry has 14 years of real estate investment experience and has closed $1.2 billion in transactions.  Before joining Cumberland, he led acquisition and asset management activities in the Bay Area and Pacific Northwest for private equity investor, JB Matteson, Inc.  He began his real estate career at Wells Fargo in the Real Estate Merchant Banking group.  He holds a Bachelor of Arts in Economics & Literature from Claremont McKenna College and is a past board member of both the Belden Real Estate Club and Youth Tennis Advantage.  He is a licensed California Real Estate Broker.