January 5, 2021 Casino, Legal, Technology, Online, Land-Based

GLPI appoints Matthew Demchyk as new chief investment officer

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Gaming and Leisure Properties (GLPI) has appointed Matthew Demchyk as its new chief investment officer effective immediately.

Demchyk joined GLPI just under two years ago in February 2019 and his most recent role at the real estate investment trust (REIT) was senior vice president of investments.

Reporting directly to GLPI chairman and CEO Peter Carlino, Demchyk will lead the company’s investment strategy and will be responsible for capital allocation, evaluation of opportunities outside the gaming industry and the development of strategic relationships.

Prior to GLPI, Demchyk served as portfolio manager of Real Estate Securities for more than nine years at Millennium Partners and oversaw REIT investment strategy at Carlson Capital prior to that.

GLPI chairman and CEO Carlino said: “Since joining GLPI, he (Demchyk) has distinguished himself as a creative strategic thinker, thoughtful steward of our balance sheet, and prudent allocator of capital.

“In the chief investment officer role, Matthew’s unique skillset and unwavering focus on long-term value creation will greatly benefit GLPI’s shareholders.”

Based in Pennsylvania, GLPI primarily acquires, finances and owns real estate property to be leased to gaming operators in triple-net lease arrangements.

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