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E&Y appoints new global RE head

Ernst & Young veteran Howard Roth will lead the firm’s global real estate practice, succeeding Dale Reiss who retired in June this year. The group is focusing in the near term on infrastructure, sustainable investing, the credit dislocation and new reporting standards.

Real estate veteran Howard Roth will be manning New York-based accounting firm Ernst & Young’s global real estate practice following the departure of former head Dale Reiss, who retired on June 30.

Roth previously headed Ernst & Young’s Northeast US real estate practice. In his new post as Global and Americas director of real estate, Roth, based in New York, will oversee Ernst & Young’s 5,000 real estate professionals around the world. Roth has experience in private equity real estate funds, domestic and offshore REITs, as well as public homebuilders and construction and hospitality companies, advising on transactions and due diligence.

E&Y’s global real estate group will focus initially on infrastructure development and privatization, according to Roth, as well as sustainable investing, the credit dislocation and reporting under International Financial Reporting Standards (IFRS) accounting standards as it replaces US GAAP accounting practices.

Roth is a member of the American Institute of Certified Public Accountants, as well as the New Jersey, New York and Connecticut Society of Certified Public Accountants, the Real Estate Roundtable and the Urban Land Institute.