Financial Services >> CEO Interviews >> July 2, 2001
LOUIS P. MESHON, SR., is President and Chief Executive Officer of
Kramont Realty Trust. He commenced his real estate career with Hallmark
Cards as Regional Real Estate Director for the Mid-Atlantic region from
1966 to 1968, where he was responsible for site selection and lease
negotiations for new stores. Mr. Meshon switched to the other side of
the negotiating table when he became a leasing representative at Kravco
in 1969. Mr. Meshon founded Montgomery Development Company in 1974. On
December 31, 1997, Mr. Meshon sourced and completed a merger with CV
Reit, Inc., and formed an UPREIT (an umbrella partnership) with 10
properties and 650,000 square feet of GLA. At that time, Mr. Meshon was
elected to the position of President and Chief Executive Officer of CV
Reit, Inc. On December 10, 1999, the Board of Directors of CV Reit,
Inc., and Kranzco Realty Trust unanimously approved and signed a Merger
and Reorganization Agreement. The new company was formed under the name
Kramont Realty Trust. At that time, Mr. Meshon was elected to the
position of President and Chief Executive Officer of Kramont Realty
Trust. The closing date for this transaction was June 16, 2000. A
graduate of LaSalle University, he has lectured MBA classes at the
University of Pennsylvania on Real Estate Investment Trusts, Mergers and
Acquisitions, and has conducted various seminars for the International
Council of Shopping Centers (ICSC), where he is an active member. Mr.
Meshon is also a member of NAREIT (National Association of Real Estate
Investment Trusts) and Wharton School's Real Estate Advisory Board. Profile
on Kramont?
Mr. Meshon: The background of Kramont Realty Trust begins with a merger
that was effectuated on December 31,
