Former treasurer of CompuDyne takes over city's real estate office

September 27, 2001|By Caitlin Francke | Caitlin Francke,SUN STAFF

Eight months and two real estate officers later, Comptroller Joan M. Pratt announced yesterday that she has hired a new man to fill the position.

Joseph A. Wesolowski, 44, started work Monday, replacing John D. Hubble, who left the office in June to return to the private sector.

Hubble took over as acting real estate officer after Pratt fired Anthony J. Ambridge in January because she said she wanted change.

Yesterday, Pratt said that she tapped Wesolowski, the former treasurer for the Hanover-based CompuDyne Corp., for the $75,700 job because he had real estate and accounting experience.

Pratt said she wants the city to collect every dollar of revenue it can from its real estate, noting that some city developers believe "they should receive real estate for a dollar."

The real estate office is charged with managing city-owned buildings, arranging leases for city agencies, organizing the sale of tax-delinquent properties and analyzing proposed city real estate deals.

Wesolowski, a Parkton resident, is a certified public accountant who has handled real estate matters for several companies since graduating from Loyola College in 1979 with an accounting degree.

He earned a master's degree in administrative science, with a concentration in finance, from the Johns Hopkins University in 1987.

Wesolowski was the senior vice president and chief financial officer for USF&G Realty Advisors in Baltimore for seven years. During the past two years, he has worked as a real estate investment consultant for a Tennessee-based hotel company and as vice president and corporate controller for a Virginia-based real estate firm. He became treasurer of CompuDyne, a security systems company, in September of last year and left in March, according to his resume.

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