Robert Fitts has been promoted from vice president to principal of Newark, N.J.-based Prudential Mortgage Capital Co. His responsibilities include overseeing operations, systems,and control functions of the company. In addition to his new duties, he is currently managing the task force responsible for completing the integration of the former WMF Group with Prudential Mortgage Capital.
In other Prudential, Graham Roberts has been named COO of PruCorp. a business unit of Prudential Real Estate Investors based in Newark, N.J. Roberts' responsibilities include day-to-day direction and management of the company's business. Prior to joining PruCorp, Roberts was COO of the advisory group at Philadelphia-based Binswanger.
In related Binswanger news, Frank Talluto has been named vice president of theGroup. His responsibilities include coordinating cross-border real estate transactions for Binswanger/CBB, including developing and coordinating business in the United States, Mexico and Europe. Prior to joining Binswanger/CBB, Talluto served as vice president for corporate advisory services for Washington, D.C.-based ONCOR International in Moscow, advising corporate clients on real estate transactions in the former Soviet Union.