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Silver Bay Realty appoints Lawrence Shapiro COO

Silver Bay Realty Trust announced the appointment of Lawrence Shapiro as COO, effective December 4. Shapiro will be responsible for the execution of Silver Bay’s operational strategy, including the acquisition, renovation, leasing, and management of the company’s single-family properties. Shapiro replaces Patrick Freydberg who resigned as COO on December 4 to pursue other opportunities. Prior to Silver Bay Property, Shapiro served as president of Provident Real Estate Advisors, or Provident.