Jeffrey Mayer Joins FirstKey as Chairman

NEW YORK, Aug. 5, 2014 /PRNewswire/ -- FirstKey Holdings, LLC ("FirstKey"), a leading provider of specialty residential and commercial real estate financing products and loan servicing solutions, today announced that Jeffrey Mayer has joined the company as Executive Chairman of the Board of Directors, effective immediately.

Mr. Mayer joins FirstKey from Deutsche Bank, where he was most recently Head of Corporate Banking & Securities for North America. Before joining Deutsche Bank in 2010, Mr. Mayer was Executive Chairman of Fixed Income, Currencies and Commodities and Head of Complex Structured Products at UBS AG. He also spent 19 years at Bear Stearns & Co., where he rose to the position of Executive Vice President and Global Co-Head of Fixed Income and served on the company's Executive Committee.

"We are excited that Jeff -- one of the financial sector's most respected senior leaders -- is joining FirstKey as Executive Chairman of the Board," said Mark Neporent, Chief Operating Officer of FirstKey's sponsor, Cerberus Capital Management, L.P. "Jeff's hiring as the company's first outside director marks the next chapter in FirstKey's growth and further solidifies the company's leadership in specialty residential and commercial real estate financing. His experience will be a tremendous addition to FirstKey's business, and his fixed income, mortgage finance and banking expertise will be of enormous benefit to the company's clients and ongoing product expansion efforts."

"I am thrilled to be joining FirstKey, which is pioneering innovative and responsible ways to provide financing to critical yet underserved real estate markets," said Mayer. "I look forward to working with FirstKey's highly skilled management team to help grow the company into one of the country's premier specialty real estate lenders."

About FirstKey

FirstKey offers a full suite of specialty real estate financing products and loan servicing solutions to customers across the United States. Backed by Cerberus Capital Management, L.P., one of the world's leading private investment firms, FirstKey provides loans of $75,000 to $500 million across a variety of products tailored to both residential and commercial borrowers, and is the premier one- to four-family rental financing source. Through a team of professionals with decades of experience at leading financial institutions, FirstKey has the strength and stability to provide a wide range of real estate financing products for all sectors of the industry. For more information about FirstKey, please visit http://www.firstkeyholdings.com/.

Media Contacts:

Weber Shandwick
Peter Duda, 1-212-445-8213, [email protected]
John Dillard, 1-212-445-8155, [email protected]

SOURCE FirstKey Holdings, LLC