RealFoundations Hires Karen Gillen to Build Data Services Product for its Managed Services Group

July 2013 New York, NY – Karen Gillen has joined RealFoundations as a Director to design and implement new products and services for the firm. Her first initiative is the implementation of a new Data Service offering in the firm's Managed Services group. RealFoundations' Managed Services group currently delivers back office business process outsourcing including Accounting, Lease Administration and Technology Support. The Data Service offering addresses an industry-wide lack of visibility, governance and inefficient movement of property and asset-level data to the real estate investment manager and through to investors, third parties, and industry indices.  Prior to joining the firm, Karen held Senior Product Manager and Program Manager roles at J.P. Morgan in their Private Equity and Real Estate Services group.

Karen brings a combination of strategic, operational, and program management expertise to RealFoundations. She has over 15 years in the financial services industry and particular expertise in real estate and private equity. In her prior role with J. P. Morgan, she undertook a variety of change efforts including managing the integration and commercialization of J.P. Morgan Partners’ private equity fund accounting and technology capabilities into a third party business within Alternative Investment Services.

She also drove the successful expansion of J.P. Morgan’s private equity fund accounting services to real estate and infrastructure institutional investor clients. Karen is highly experienced in envisioning and executing large scale business change initiatives, operations build outs, business and technology integrations, and commercialization of new products and services.

About RealFoundations

RealFoundations is a professional services firm focused on the real estate industry. With offices on four continents, 200 client serving professionals and focused delivery capabilities in China and India, RealFoundations provides Management Consulting, Managed Services and Energy Solutions to developers, owners/operators, service providers, institutional investors and corporate occupiers. From the building itself to the way it’s used, operated and financed, no firm understands the inner workings of the entire real estate ecosystem as well as RealFoundations. We help real estate enterprises around the globe run better.

For additional information, please contact Chris Shaida Executive Director and CEO RealFoundations +1 212 750 9550

David Stanford Executive Director RealFoundations +1 214 292 7028