John Kessler Joins the Opus Board of Directors

| News Release

John Kessler has been elected to our board of directors.

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Opus today announced that John Kessler has been elected to its board of directors. Kessler is chief executive officer of Mitsui Fudosan America, Inc. (“MFA”), the U.S. subsidiary of Mitsui Fudosan Group, a publicly listed real estate company in Japan.

“We are pleased to welcome John to our board and grateful to benefit from his extensive financial and real estate expertise," said Bob Underhill, chair of Opus’ board of directors. “John brings a unique combination of expertise and a successful track record in leadership, both of which will play an essential role as we build on our strengths and drive our vision forward.”

The Opus board of directors includes business and industry experts, as well as family members of Gerry Rauenhorst, who originally founded the business in 1953. It provides strategic guidance and supports responsible practices in many areas, including financial controls and audits, conflicts of interest, enterprise risk, investment management, corporate responsibility, board and leadership team composition, succession planning and executive compensation.

Before being appointed to chief executive officer of MFA in 2023, Kessler served as the company’s chief operating officer. Prior to joining MFA, Kessler was president and chief operating officer of Empire State Realty Trust, Inc., a NYSE-listed office REIT; and managing director in the credit business of Fortress Investment Group, LLC, where he focused on real estate. His past experience also includes more than 17 years at Morgan Stanley Real Estate, where he held various positions, including global chief financial officer for the investing business and managing director.

Kessler earned a bachelor’s degree in Engineering Sciences from Harvard University, graduating cum laude, and a master’s degree in Business Administration from the University of Chicago Booth School of Business. He is a member of MFA’s board of directors, the Urban Land Institute, the Real Estate Roundtable and the Real Estate Board of New York.

About Opus
Opus is a group of commercial real estate development, design and construction companies headquartered in Minneapolis with offices and projects across the country. Opus operates as a multidisciplinary team with expertise in development, capital markets, finance, project management, construction, architectural design and engineering services. Opus includes Opus Holding and its operating subsidiaries: Opus Development Company, Opus Design Build and Opus AE Group. Specializing in industrial, residential, office, retail and institutional projects, Opus offers the unique combination of an integrated design-build project delivery approach, driven by a client-centered team of experts and backed by enduring commitment to the community. For more information, visit www.opus-group.com and follow The Opus Group on LinkedIn and Instagram.

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Article Type: News Release

Topics: People