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He will join in a co-leadership capacity with Atsushi Nakajima, who has served as the company’s sole president and CEO since March 2013.
“It is an honor to work alongside Atsushi to enhance The Rockefeller Group’s existing portfolio and to grow our investment and development activity in New York and nationally,” said Rashin in a statement. “The company benefits greatly from its heritage, its people and its partnership with Mitsubishi Estate. We’re expecting to continue to use these assets, a strong balance sheet and a clear focus to create favorable investment opportunities for us, our partners and investors.”
The two executives will have joint oversight of The Rockefeller Group’s business and investment operations, which include a premier office portfolio in Manhattan, a leading U.S. development business and a global investment management platform. The Rockefeller Group, which is headquartered in New York, is the largest international subsidiary of Tokyo-based Mitsubishi Estate Co. Ltd., one of the world’s leading integrated real estate companies.
Rashin joined the company in 2013 as senior vice president for investments. Since then, he has assumed additional leadership responsibilities, including head of development in New York and urban development nationally. During his tenure, the company has started or advanced several large-scale development projects in New York, New Jersey, Florida and Arizona.
“Dan is an excellent choice to help lead The Rockefeller Group in its next phase of growth," said Jo Kato, chairman of The Rockefeller Group’s Board of Directors, in a statement. "He has the broad institutional real estate background and the deep development experience in New York and globally that will be critical as we redevelop world-class assets like 1271 Avenue of the Americas and expand our development portfolio and investment management capabilities.”
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