E.J. Burke Appointed To Lead KeyBank Real Estate Capital

Succeeds George E. Emmons, Jr., Who is Named President of KeyCorp's

Community Bank

Aug 08, 2005, 01:00 ET from KeyCorp

    CLEVELAND, Aug. 8 /PRNewswire-FirstCall/ -- KeyCorp (NYSE:   KEY) announced
 today that E.J. Burke has been named to lead its Real Estate Capital line of
 business. The appointment is effective immediately.
     (Photo: http://www.newscom.com/cgi-bin/prnh/20050808/CLM017)
     Burke replaces George E. Emmons, Jr., who last week was promoted within
 KeyCorp to lead its Community Bank. John Case continues in his current role as
 executive vice president and national sales manager, overseeing the
 origination and delivery of balance sheet loan products and solutions. Burke
 retains his title of executive vice president and reports to KeyCorp Vice
 Chairman Tom Bunn.
     In his new role, Burke is responsible for developing and implementing
 national strategies; increasing cross-selling and revenue generation,
 acquiring new clients; and maintaining the profitability and quality of Key's
 national commercial real estate portfolio.
     "Key is fortunate to have a deep and talented group of senior
 professionals leading its Real Estate Capital line of business," George E.
 Emmons, Jr. said, "and that's why I am so comfortable in moving on to a new
 challenge within Key.  I am confident the leadership transition will be
 seamless, and that the group's focus will continue to be on mattering more to
 our select clients, growing revenue and creating value for KeyCorp's
     Prior to this appointment, Burke served as director of real estate capital
 markets for KeyBank Real Estate Capital. In that role, he managed a staff of
 250 professionals in delivering off-balance sheet finance solutions through
 the group's commercial mortgage and private equity units. During his five
 years with Key, Burke has played an integral role in growing the group's
 commercial mortgage loan servicing portfolio - which currently ranks as the
 7th largest in the U.S. at $42 billion. In 2004, Key's commercial mortgage and
 private equity units accounted for $3 billion in originations.
     Burke joined Key in January 2000 when it acquired Kansas City-based
 National Realty Funding, where he served as president. Burke received a B.S.
 degree from Boston College and an M.B.A. from Oklahoma City University.
     KeyBank Real Estate Capital is the nation's third-largest commercial real
 estate capital provider with nearly $19 billion in annual financings. It
 provides construction and interim loans, mezzanine financing, private equity,
 commercial mortgages, investment banking and loan sales and syndications
 services nationwide for virtually all property types. Its 800 financing
 professionals serve a national client base through 36 locations in major U.S.
 markets.  KeyBank Real Estate Capital is a business unit of KeyBank National
 Association, a subsidiary of Cleveland-based KeyCorp, one of the nation's
 largest bank-based financial services companies, with assets of approximately
 $91 billion.