Mr. Edelman is presently the Chief Operating Officer for Carnegie Management and Development Corporation.  In this position, he oversees the company’s day-to-day operations, including leasing, property management and accounting. 

Prior to joining Carnegie in 1999, Mr. Edelman spent nineteen years with First Union Real Estate Investments, a New York Stock Exchange-listed REIT, that specialized in the ownership, redevelopment and management of retail, office, apartment and parking properties.  While at First Union, Mr. Edelman held a number of positions, including Chief Financial Officer and Senior Vice President – Asset Management.  His areas of responsibility as CFO included capital markets activity; accounting, finance and treasury functions; management information systems; risk management as well as the company’s strategic planning.  Mr. Edelman completed purchases and sales of forty commercial properties representing over a half billion dollars of value, and raised nearly $500 million in debt and equity capital for First Union between 1993 and 1998.  In 1998, Mr. Edelman was named Interim Chief Executive Officer for First Union following the company’s hostile takeover by a group of dissident shareholders. 

Mr. Edelman holds a Bachelor of Science in Business Administration degree from Washington University in St. Louis, Missouri and a Master of Business Administration degree from John Carroll University in Cleveland.  He is also a certified public accountant.

Mr. Edelman, a native Clevelander, is a past member of the Board of Trustees of the Historic Warehouse District Development Corporation and served for five years as a Big Brother for the Jewish Big Brothers/Big Sisters Association.