EQUITYMULTIPLE Hires Brett Klein as CFO, Increases Staff

NEW YORK, Nov. 14, 2018 /PRNewswire/ -- EQUITYMULTIPLE, a commercial real estate investment and technology firm based in New York and San Francisco, announced today the hiring of real estate and finance veterans Brett Klein as Chief Financial Officer and Henry Kwong as Senior Director of Asset Management. The firm has significantly enhanced its management team and added other key hires in the past two months. During the same period, EQUITYMULTIPLE increased its total investment volume by over 15% and announced a partnership with Youngwoo & Associates on a $500 million Qualified Opportunity Zone Fund.

Mr. Klein's responsibilities at EQUITYMULTIPLE will include corporate accounting, capital markets execution and financial planning. He will also sit on the firm's investment committee and focus on corporate development and strategy. Mr. Kwong will oversee all aspects of portfolio management and help grow the company's pipeline of investment opportunities.

"We are excited to have doubled our staff in just a few months, including the important additions of seasoned real estate professionals to our senior leadership team like Brett and Henry. These are the latest signs of EQUITYMULTIPLE's continued maturity as a firm," said Charles Clinton, CEO and co-founder of EQUITYMULTIPLE. "We remain committed to sustainable, organic growth as demonstrated by our measured approach to new hires and consistent increase in closed transactions. The investors in our company are leaders in the fields of real estate, finance and investing and are aligned with our disciplined growth plan."

Prior to EQUITYMULTIPLE, Mr. Klein was a key senior member of Colony Northstar - a listed, leading global real estate and investment management firm. During his 13+ years with the firm, the organization matured from $180 million to over $8 billion in market capitalization while developing a global footprint with $60 billion in assets under management and over 400 employees. He served as Managing Director and Head of Alternative Products overseeing Northstar's retail capital raise of over $4.5 billion, as well as Chief Operating Officer for four public, non-traded companies and as a member of the investment committee for seven public, non-traded companies with combined real estate exposure in excess of $15 billion.

Henry joined EQUITYMULTIPLE from Clarion Partners, where he helped manage its $3.5 billion institutional multifamily open-end fund. Prior to that, he worked at MMI Advisors, a boutique real estate advisory firm that he co-founded.  Before MMI, he was a vice president of portfolio management at Cerberus and ING. Henry started his real estate career at Deutsche Bank.

EQUITYMULTIPLE is also pleased to announce the following staff additions:

Clay McMickens - Associate Director of Operations
Rada Milenovici - Associate Director of Investor Relations
Watue Sowaprux - Investments Associate
Paulline Mallea - Product Manager
Charles Jin - Investor Relations Associate

About EQUITYMULTIPLE
EQUITYMULTIPLE is a commercial real estate investment and technology firm that provides individual investors with unprecedented online access to professionally-vetted private real estate transactions across property types and risk profiles. EQUITYMULTIPLE believes real estate investing can be transformed through technology by providing individuals a new level of transparent and efficient access to tailored, private market transactions. To date, individual investors have invested in over $800 million in commercial real estate transactions through EQUITYMULTIPLE's online investing platform. EQUITYMULTIPLE is backed by renowned entrepreneur and investor Ken Pasternak and received its seed funding from Mission Capital, a leading real estate capital markets firm that has helped close over $70 billion in transactions. For more information, please visit https://www.equitymultiple.com/.

Media Contact:
Ben Jaffe
Makovsky
[email protected] 
(212) 508-9646

SOURCE EQUITYMULTIPLE

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