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Former Quality Care Properties CEO to join Federal Realty's board

Federal Realty Investment Trust named Mark Ordan to its board of trustees as an independent director.

Ordan was most recently chairman and CEO of Quality Care Properties Inc. until it was acquired by healthcare real estate investment trust Welltower Inc. and ProMedica Health System in 2018.

The primarily shopping center REIT said Ordan's appointment will take effect Feb. 1.