Highlands REIT Appoints New CEO, President, and Secretary

Highlands REIT Inc., a publicly registered non-traded real estate investment trust, announced the appointment of Robert J. Lange as its chief executive officer, president, and secretary, effective immediately. This appointment follows the retirement of Richard Vance, who served as the company’s president and CEO, and a director.

Prior to the REIT board’s promotion of Lange, age 42, he held the positions of executive vice president, general counsel, and secretary since 2016. The REIT also promoted him to chief operating officer in 2021. In his previous roles, he oversaw critical functions including legal affairs, strategic planning, asset management, investor relations, and risk management.

According to the REIT, Lange brings a wealth of experience to his new role. Before joining Highlands REIT, he served as vice president, head corporate counsel, and assistant secretary at InvenTrust Properties Corp. beginning in 2014. InventTrust is the company of which Highlands REIT was created from.

Lange also practiced law at Skadden Arps Slate Meagher & Flom LLP, specializing in mergers and acquisitions and advising clients on a broad variety of general corporate matters.

Lange holds a Juris Doctor degree from the University of Chicago and a Bachelor of Business Administration degree from the University of Wisconsin, Madison.

To facilitate the leadership transition, Vance retired from his executive positions and resigned from the board on March 17, 2025. The company emphasized that Vance’s resignation was not due to any disputes or disagreements, and it expressed its gratitude for Vance’s contributions.

In connection with Vance’s resignation, the board reduced its size from three to two members.

Highlands REIT is a non-traded REIT that was spun off from InvenTrust Properties Corp. –formerly Inland American Real Estate Trust – in April 2016. The company oversees a portfolio of office, industrial, retail, and multifamily properties, as well as one unoccupied correctional facility and one parcel of unimproved land.

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