Cedar Realty Trust Announces Appointment Of New Chief Investment Officer

PORT WASHINGTON, N.Y., Feb. 24, 2015 /PRNewswire/ -- Cedar Realty Trust, Inc. (NYSE: CDR) announced today that Michael Winters will be promoted to Chief Investment Officer, effective immediately. Michael joined the Company in 2003 as Vice President of Acquisitions and has more than 20 years of acquisition experience in the shopping center industry.

"Michael has been an integral part of executing Cedar's capital migration plan through the divestiture of non-core assets and the acquisition of new high quality shopping centers," commented Bruce Schanzer, President and Chief Executive Officer.  "He continues to add value everyday by actively pursuing acquisition opportunities, many of which are only available to Cedar because of his extensive network of industry contacts."

About Cedar Realty Trust

Cedar Realty Trust, Inc. is a fully-integrated real estate investment trust which focuses on the ownership and operation of primarily grocery-anchored shopping centers straddling the Washington DC to Boston corridor. The Company's portfolio (excluding properties treated as "held for sale") is comprised of 59 properties, with approximately 9.2 million square feet of gross leasable area.

For additional financial and descriptive information on the Company, its operations and its portfolio, please refer to the Company's website at www.cedarrealtytrust.com.

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SOURCE Cedar Realty Trust, Inc.