NEW YORK, July 30, 2012 /PRNewswire/ -- Cantor Commercial Real Estate (CCRE) announced that Kenneth Margala, previously an Executive Director at UBS Investment Bank, has joined as a Director and will be focused on loan origination. Based in Newport Beach, Mr. Margala will be helping to expand the firm's business in California and other West Coast markets. He reports to Anthony Orso, Chief Executive Officer of Cantor Commercial Real Estate.
"We are pleased to have a professional of Kenneth's experience working with us. His strong record of success, breadth of industry relationships and deep knowledge of the West Coast market make him an ideal addition to our team as we look to further build our commercial mortgage lending and securitization business," said Mr. Orso. "Kenneth's appointment not only strengthens our capabilities but also demonstrates our commitment to providing our clients with unparalleled commercial real estate services in key markets."
"I am delighted to become part of CCRE and look forward to contributing to driving the company's services to clients and success on the West Coast. CCRE is at the forefront of the commercial real estate finance market, and uniquely positioned to leverage its relationships and network to seize opportunities in this growing marketplace," said Mr. Margala.
Mr. Margala focused on CMBS, bridge and mezzanine transactions at UBS Investment Bank. Previously, he was a Real Estate consultant for several financial institutions including the FDIC evaluating and grading commercial real estate loan portfolios, refinancing, and acquisitions. Earlier, he served as a Regional Manager for the Merrill Lynch and Goldman Sachs conduit groups.
About Cantor Commercial Real Estate
Cantor Commercial Real Estate, an affiliate of Cantor Fitzgerald, L.P., is a fully-integrated commercial real estate finance company providing innovative financing solutions to the real estate capital markets. CCRE originates competitively underwritten fixed- and floating-rate mortgages and mezzanine loans secured by diverse asset types in most major U.S. markets. CCRE is capitalized by strong institutional sponsorship including affiliates of CIM Group and Cantor Fitzgerald & Co., and is led by an experienced team of real estate professionals with extensive track records originating, structuring, managing and distributing commercial real estate loans in various economic cycles. Its three founding partners are Anthony Orso, Steven Kantor and Michael Lehrman, who all worked together for over ten years managing a leading real estate lending and distribution platform before joining Cantor Fitzgerald. The CCRE management team includes seasoned professionals with a deep network of borrower, brokering, and banking relationships.
SOURCE Cantor Commercial Real Estate