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Massey Knakal Launches Capital Services Divisioin

11/18/2010 10:23:36 AM/ Massey Knakal/ News

Massey Knakal Realty Services, with the assistance of Rhodes Associates, is recruiting a Managing Director to spearhead their entrance into Capital Services. The position is based in New York City.

For over two decades, Massey Knakal has focused exclusively on the New York metropolitan area specializing in the sale of investment and user properties.  The firm is expanding their services by entering the commercial mortgage brokerage business with the launch of Massey Knakal Capital Services (MKCS).  

Massey Knakal Capital Services will provide unparalleled market knowledge that will allow it to develop the most creative financing strategies to meet client needs.

Paul J. Massey Jr., CEO states, “Our long term relationships and market position as the #1 investment sales firm in New York City will allow us to provide our clients with the most competitive terms and most reliable executions in the market. Our unique Territory System™ will help us garner a sizeable market share. There are over three thousand commercial financings that occur each year in the New York Metro area.”

The new MKCS Managing Director’s key responsibilities will include developing relationships with banks, borrowers, and lenders, recruiting mortgage brokers and underwriters, and managing and leading the division. In addition, the new MD will supervise training efforts and act as the firm’s spokesperson on capital services topics.

MKCS will facilitate the capital requirements of property ownership groups by matching project goals with the most favorable and efficient capital structures available in a timely manner.

“By providing an ancillary financial service to building owners, Massey Knakal will strengthen its existing core business,” added Massey.

For more information, please contact Rhodes Associates Partner, Jane Lyons or Senior Principal, Ellen D. Haber at 212.983.2000, jlyons@rhodesassociates.com or ehaber@rhodesassociates.com.

Click here for press release

Corporates: Paul Massey Jr.