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Larry Swank II Joins Ownership

Mishawaka, IN — Sterling Group, a leading, private real estate investment firm, today formally announced that Larry Swank II has been named a Partner. Mr. Swank II has worked his way through the ranks at the Sterling Group over the past 16 years. He currently serves as a member of the Board of Directors, Company Secretary and oversees the day-to-day operations of the construction division to support growth and product excellence. Larry Swank II will continue in this capacity as he helps to steward the company into the new year and beyond.

The announcement was made at the company’s year-end celebration by CEO, Larry Swank Sr. The senior Swank shared, “It gives me great pride to have two sons who demonstrate an exceptional work ethic and thought leadership to take what I have built to the next generation, and deliver continued success.” Lance Swank is the President of the Sterling Group. He leads the daily operations of this storied family, real estate enterprise. “I am proud to have Larry join the partnership. The development of talent is an important part of our culture. Larry’s new role is a result of the priority we place on succession planning and demonstrates how the Sterling Group will continue to prosper with generational growth. It’s a momentous time in Sterling’s history.” Since Larry Swank II joined the firm in 2002, he has worked in multiple capacities from seasonal Maintenance Technician to Vice President of Construction. He has overseen the new construction and redevelopment of over 6,800 multi-family and storage units with asset values of almost $450MM. His clients and colleagues alike value his collaborative spirit and vision for improving processes.

“Having worked in a hands-on capacity in many roles throughout the company, I have a broad perspective of our business. This has allowed me to reduce cycle times, increase capacity, and improve efficiencies and interdisciplinary company collaboration. I am excited for the next phase in my career and look forward to continuing engaging and developing the people at Sterling as well as ushering in the next generation of Swanks to the boardroom table.”

Larry received his Masters in Business and Administration from the University of Notre Dame’s Mendoza College of Business and is a graduate of the University of Colorado at Boulder where he received a Bachelor’s degree in Civil Engineering. He is an alum of the Culver Military Academy.

About Sterling Group

Sterling Group is a privately-held, family-owned, and vertically integrated firm focused on development, construction, property management, and investment services in the storage facilities, multi-family, and senior housing industries. The Swank family and their team of professionals seek to actively grow their business by developing thoughtful real estate, improving systems and services to meet consumer needs and driving growth through innovation. For more information about the Sterling Group, please visit www.thesterlinggrp.com.

For more information, press only: Annette Fryzel Director of Marketing 708-205-4799 afryzel@thesterlinggrp.com

For more information on real estate services and investments, visit: www.thesterlinggrp.com