Sun Residential Real Estate Investment Trust announced the retirement of Gordon Wiebe as Chief Executive Officer, effective February 28, 2023. Sun announces the appointment of Robert C. Wetenhall, Jr., currently a member of the board of trustees, as Chief Executive Officer of Sun, effective March 1, 2023. Mr. Robert Wetenhall is a Florida-focused real estate developer of luxury residential and multi-family properties located in Miami, Orlando, and Fort Myers, Florida.

He is currently the Chief Executive Officer and President of two private real estate development companies, Blue River Capital and Miami Venture Partners. From 2018 to 2022, he was involved with corporate strategy, capital raising, and investor relations as Executive Vice President of Capital Markets for Five Point Holdings, LLC, one of the largest mixed-use developers in California. From 2006 to 2017, Mr. Wetenhall worked as a Managing Director in Equity Research for RBC Capital Markets covering home builders and building products.

He previously worked at both Deutsche Bank and Lehman Brothers. Mr. Wetenhall graduated with an M.B.A. from the University of Michigan and also has a B.A., cum laude, in economics from Claremont McKenna College.