Massey Knakal Realty Services announces the hiring of Garrett Thelander as a Managing Director to spearhead their entrance into Capital Services.
For over two decades, Massey Knakal has focused exclusively on the New York metropolitan area specializing in the sale of investment and user properties. The firm is expanding their services by entering the commercial mortgage brokerage business with the launch of Massey Knakal Capital Services (MKCS).
MKCS will provide unparalleled market knowledge that will allow it to develop the most creative financing strategies to meet client needs by matching project goals with the most favorable and efficient capital structures available in a timely manner.
The goal will follow a marketing strategy which focuses on being the preeminent channel between users and providers of capital services for assets that are primarily located in the New York metropolitan area.
According to CEO Paul J. Massey Jr., “Under Garrett Thelander’s leadership, MKCS will provide the exceptional level of service that Massey Knakal clients have come to expect while we expand our service delivery platform while deepening our relationships and developing a reputation as a leading intermediary for capital.”
Garrett Thelander comes to Massey Knakal from Anglo Irish Bank where he was Executive Vice President. During his tenure, he was part of the executive team responsible for hiring and strategic planning for what started as a two-person office into a 35-person team.
Prior to Anglo Irish Bank, Mr. Thelander was the Director of the Mortgage Finance Group for Kimco Realty Corporation where he was responsible for the arrangement, structuring and closing of all mortgage debt for this real estate investment trust, the largest owner of neighborhood and community shopping centers in the country.
Additionally, Mr. Thelander held senior level positions at Euro Hypo Bank, Deutsche Bank and UFJ Bank. He has direct experience with borrowers, mezz lenders, A-Note holders, and special servicers of loans in all asset classes with major developers in all regions of the country including Thor Equities, The Carlyle Group, AREA Property Partners and Forest City Enterprises, etc
He also has significant experience in the public sector having held the position of Senior Project Manager for NYC Financial Services Corporation and having received his MS in Public Administration from the John F. Kennedy School of Government at Harvard University
“The demand for this type of service is expected to increase as transactions become more complex and ever changing. In today’s marketplace, users of capital are faced with a growing number of available financing structures and capital sources,” added Massey.
As a recognized leader in the marketplace, Massey Knakal has developed unmatched knowledge, both market and participant related. This knowledge base will provide a significant competitive advantage as potential clients already look to Massey Knakal as the most prominent transaction intermediary in the industry.
Thelander states, “Massey Knakal’s long term relationships and market position as the #1 investment sales firm in New York City will allow us to provide our clients with the most competitive terms and most reliable executions in the market. Massey Knakal’s unique Territory System™ will help us garner a sizeable market share.”
“By continuing to provide ancillary financial service to building owners, Massey Knakal will strengthen its existing core business,” said Massey.
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Agents: Paul Massey Jr.