Firm Capital Apartment Real Estate Investment Trust announced the resignation of Mark Goldreich as Chief Financial Officer of the Trust, effective September 30, 2022. Mark has decided to pursue other opportunities. The Trust appointed Claudia Alvarenga as Chief Financial Officer of the Trust subject to regulatory approval.

Prior to joining the Trust, Claudia was a Manager at Manulife Financial Corporation within the US Segment. Prior to that role, Claudia was an Assurance Manager at MNP LLP where she worked for a number of years of providing, assurance and accounting advice to public and private entities within the Real Estate and Construction sectors and was also involved with a private real estate enterprise for a number of years prior to her role at MNP LLP. Claudia is a CPA.