M. Shapiro Real Estate Group Announces New Vice President, Lender Relations

Jan 16, 2014, 14:17 ET from M. Shapiro Real Estate Group

FARMINGTON HILLS, Mich., Jan. 16, 2014 /PRNewswire/ -- Mickey Shapiro, President and CEO of M. Shapiro Real Estate Group, is proud to announce the hiring of Marcia Ventura as Vice President, Lender Relations.

(Photo: http://photos.prnewswire.com/prnh/20140116/CL47961 )

Ms. Ventura has over 30 years of experience in the development and financing of commercial real estate, working with commercial banks, utility companies, and private developers. She has underwritten and financed numerous commercial real estate transactions, including construction, interim, and long-term debt, for a variety of property types throughout the Midwest. Her experience also includes project management support for complex industrial projects, providing planning and scheduling analysis to expedite project construction. In addition, she has strong experience with governmental loan programs such as SBA 504, SBA 7(a), HUD, and FHA.

"Marcia brings real depth to our organization," said Mickey Shapiro. "She combines her in-depth knowledge of the banking industry with an understanding of the development process and the current real estate markets to help our clients create a strategic future for their assets." Senior Vice President Mark Kassab noted that, "Marcia has the ability to assess the key attributes of M. Shapiro managed properties and assist their owners in optimizing the use of available capital resources, including various alternative sources of debt and equity, to help achieve each owner's objectives."

M. Shapiro Real Estate Group provides analysis, management, and disposition of third-party assets, including many troubled assets. Their strong team of professionals provides owners with an understanding and valuation of their properties and creates a framework for making the most advantageous decisions. The Company provides active management services for retail, industrial, office, single and multi-family residential properties, manufactured home communities, and other assets on behalf of owners, lenders, and special servicers, both directly and through court-appointed receiverships throughout the United States and Canada. A related entity conducts an extensive brokerage operation, assisting clients in the sale of their assets. M. Shapiro Real Estate Group is located at 31550 Northwestern Highway, Farmington Hills, Michigan 48334. The company can be reached by calling 248-865-0066. More information is available at www.mshapirorealestate.com.

SOURCE M. Shapiro Real Estate Group