NorthMarq Capital Hires Delitsky in New York
Robert Delitsky joined NorthMarq Capital’s New York office as senior vice president and managing director. He will be responsible for arranging various types of financing through NorthMarq’s life insurance company correspondents, banks, CMBS lenders, Fannie Mae and Freddie Mac. He will also arrange equity, preferred equity and mezzanine debt for his clients.
Prior to joining NorthMarq Capital, Delitsky spent 19 years as managing director at HFF’s Manhattan office. Before that he was associated with a shopping center developer on Long Island. He began his career in 1979 at Bankers Trust Company and later held a position at Bank Leumi Trust Company of New York.
Greystone Forms Hospitality-Focused Lending Practice; Hires Forester
Greystone, New York, announced that Gregory Forester joined the firm as a managing director. He will spearhead a newly formed hospitality-focused lending and investing practice.
Initially, Forester will focus on commercial mortgage-backed securities fixed- and floating-rate financing and Greystone’s EB-5 practice, which provides capital for new developments. He will also serve client equity and capital structuring needs within the Greystone Bassuk Group.
Forester brings more than 28 years of experience in debt transactions originated for balance sheet, CMBS and loan syndication executions to Greystone. He spent nearly 18 years at GE Capital Real Estate and was most recently the Commercial Leader and Managing Director for the GE Capital Real Estate Hotel Lending Group, where he led the national hotel lending program.
Prior to GE Capital Real Estate, Forester spent five years as a senior underwriter for CW Capital, three years at Berkshire Mortgage Corp. underwriting participating mortgage investments and two years as a project development professional at FD Rich Co. of Boston.
Real Estate Attorney Reed Joins Holland & Knight
Matthew Reed joined Holland & Knight’s Washington, D.C. office as a senior counsel in the firm’s Real Estate Section. He previously was counsel at BBPC, a real estate development, economics and financial advisory services firm.
Reed has 17 years of experience in real estate finance and law representing developers, lenders, corporations, pension funds, life companies and other institutional investors as well as federal, state and local governmental entities and agencies. His transactional experience includes public-private partnerships, acquisition, disposition, financing (representing both lenders and borrowers), development/redevelopment, construction, leasing, environmental, management and workout transactions involving numerous property types ranging from multifamily, retail, office, condominium, military and industrial to airport, hotel, resort, retirement, mixed-use, town center, transit-oriented and golf course/residential.
