Debt and equity finance expert Frank Reilly joins Avison Young's New York City office
Reilly joins Avison Young as a Principal to expand company's capital markets practice
NEW YORK CITY, Sept. 13, 2012 /CNW/ - Greg Kraut, Avison Young Principal and Managing Director of the company's New York City office, announced today that the firm is expanding its New York City-based capital markets group with the hiring of a veteran debt and equity finance professional.
Effective immediately, Frank Reilly joins Avison Young as a Principal. Based in the company's New York City office, Reilly will work closely with Principal David Eyzenberg to grow the firm's debt and equity services platform. Reilly, who has more than 25 years of experience in the commercial real estate investment and finance market, will focus on debt and equity transactions and execution for a diverse array of financings, including: construction loans, permanent loans, mezzanine debt, preferred equity and joint ventures.
"The addition of Frank to our team is another important step in the strategic expansion of Avison Young as a full-service firm offering clients in-depth and high-level expertise for all of their real estate needs," comments Kraut. "Our burgeoning capital markets group is a core facet of our growth strategy, and we look forward to the contributions Frank will make in further developing our client relationships."
During his career, Reilly has completed more than $10 billion of debt and equity financings, sales and acquisition transactions for all property types, including shopping centers, office buildings, multi-residential and industrial assets. Reilly is also experienced in the financing, selling and acquisition of single-tenant, net-leased properties on behalf of both individual and large, institutional investors. He has participated in closing transactions for such clients as the Trump Organization, Related Companies, Blumenfeld Development Group, The Winter Organization and Hendon Properties, among many others.
Before joining Avison Young, Reilly was a Principal at NY Urban, a regional mortgage banking firm that provides construction and permanent financing for income-producing properties. He also previously served as a Managing Director of Newmark & Company's capital group, and as National Director of the institutional services group for Marcus & Millichap. Earlier in his career, Reilly served as President of Pearce, Mayer & Greer Realty Corp., after which he joined U.S. Realty Advisors, a privately-held financial services firm specializing in net-lease real estate investment and advisory services.
"The commercial real estate industry has become more global, and I see tremendous opportunity to leverage Avison Young's international presence - as well as the company's relationships with Canadian pension funds - to enhance and expand services for our capital markets clients," states Reilly. "I look forward to playing an active role in the growth of Avison Young's debt and equity services platform and working to identify opportunities to expand existing client relationships as well as fostering new ones."
Reilly holds a Bachelor of Business Administration degree from Pace University and attended the Bernard Baruch Graduate School of Business at the City University of New York. A former Chairman of the Young Mortgage Bankers Association and an instructor at New York University's Real Estate Institute, Reilly is also a former member of the New York University Real Estate Roundtable and current member of the Real Estate Board of New York.
In February, Avison Young was named a winner of Canada's 50 Best Managed Companies program for 2011, sponsored by Deloitte, CIBC, National Post and Queen's School of Business.
Founded in 1978, Avison Young is Canada's largest independently-owned commercial real estate services company. Headquartered in Toronto, Ontario, Avison Young is also the largest Canadian-owned, principal-managed commercial real estate brokerage firm in North America. Comprising more than 950 real estate professionals in 33 offices across Canada and the U.S., the full-service commercial real estate company provides value-added, client-centric investment sales, leasing, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial and multi-residential properties.
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For further information/comment/photos:
New York Media Relations:
- Christa Segalini, Vice-President, Beckerman PR: (201) 465-8021
- Elliot Baum, Principal and Vice-President of Marketing, New York, Avison Young: (212) 729-7465
Avison Young Media Relations:
- Sherry Quan, National Director of Communications & Media Relations, Avison Young: (604) 647-5098; cell: (604) 726-0959
Avison Young is a winner of Canada's 50 Best Managed Companies program for 2011, sponsored by Deloitte, CIBC, National Post and Queen's School of Business
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SOURCE: Avison Young (Canada) Inc.
Media Relations:
Christa Segalini, Beckerman PR
(201) 465-8021; (908) 448-8591 cell
email: [email protected]
Sherry Quan, Avison Young
(604) 647-5098; (604) 726-0959 cell
email: [email protected]
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