Wednesday, September 14, 2011

Teles Properties Names Sharran Srivatsaa as New Chief Operating Officer



BEVERLY HILLS, CA--(BUSINESS WIRE)--The Board of Directors of Teles Properties has selected Sharran Srivatsaa (top right photo) as the firm’s new Chief Operating Officer.

Srivatsaa will focus on the firm’s core offerings that consist of technology, marketing, and integrated operations. Additionally, he will be responsible for Teles’ corporate finance strategy and is charged with building the firm’s proprietary research and analytics platform.

Srivatsaa joins Teles after spending several years at Credit Suisse and Goldman Sachs, where he focused on working with management teams of fast-growing businesses across the country on strategic planning and corporate finance.

 In addition to his Wall Street experience, Sharran brings a deep technology background from his time working with founding teams of cutting-edge companies in Silicon Valley such as Lightera (acquired by telecom giant CIENA) and international mobile-payment powerhouse, Obopay.

“I have worked with Sharran on business transactions over the last 10 years and I am excited to have him join our leadership team,” said Peter Loewy (middle left photo), Chairman and CEO of Teles.

“He brings a unique set of skills that is hard to find in the marketplace: a core technology background combined with stellar Wall Street experience topped off with international hospitality training at Four Seasons and Ritz-Carlton.”

Teles Properties was founded in Beverly Hills in 2007 by a group of real estate veterans who believed that there was a more modern and efficient way to represent residential real estate.

Since then, Teles has proved itself to be a progressive, technology-oriented boutique real estate firm serving key markets in Los Angeles and Orange counties. With offices in Beverly Hills, Brentwood, Newport Beach and now Pasadena, Teles recently launched an International Division to link buyers to properties around the globe.

Contacts
Teles Properties
Peter Hernandez
310.990.5905



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