BEVERLY, Mass. — Brookwood Financial Partners LLC, a leading real estate investment and asset management company, has announced that Jennifer L. Fermano has joined the firm as a vice president and controller for BW Gas & Convenience LLC.
BW Gas & Convenience is an affiliated Brookwood entity that will acquire and operate gas stations with convenience stores in select regions of the United States.
Fermano will direct all financial and accounting aspects of Brookwood’s national portfolio of gas station and convenience-store properties. She will also be responsible for growing, training and supervising BW Gas & Convenience’s accounting staff as it expands along with the size of the firm’s portfolio.
“We are very excited to have someone with Jennifer’s management and accounting experience join our firm to lead the accounting team for our new strategy,” said Ericka L. Ayles, Brookwood’s director of finance. “Jennifer is an experienced retail accounting professional and we are thrilled to have her on board as we begin building our portfolio of gas stations and convenience stores in the coming months.”
Prior to joining Brookwood, Fermano was a senior controller at Aramark, a leading provider of food and support services to colleges and universities, where she developed and maintained an annual budget of $85 million for Boston University Dining Services & Retail Operations. She managed an additional budget for Aramark of $62 million for an 11-store convenience-store portfolio located in the Boston area. Previously, Fermano was CFO for 660 Corp., where she supervised the financial reporting process and led the implementation of a new retail accounting system for the firm’s portfolio of convenience stores.
Brookwood is a Beverly, Mass.-based private investment firm founded in 1993 that specializes in acquiring and managing commercial real estate and corporate securities on behalf of a select group of institutional and high net worth investors, family offices and trusts. Since its inception, Brookwood has invested more than $780 million of equity to acquire a portfolio of 187 assets with a realized and unrealized value in excess of $2.2 billion that has spanned multiple asset classes, geographical markets and industries across the United States.