NEW YORK, Might 10, 2021 /PRNewswire/ — Harbor Group Worldwide, LLC (“HGI”), a privately owned worldwide actual property funding and administration agency, right now introduced that Lee J. Siracuse joined the agency as Senior Vice President, Asset Administration. On this position, Siracuse will oversee the efficiency of HGI’s various debt funding portfolio, which incorporates KFRED bonds, mezzanine debt, most popular fairness investments and HGI’s entire mortgage program. He’s based mostly in HGI’s New York workplace.
Siracuse brings greater than 30 years of expertise in industrial actual property debt and fairness funding administration throughout numerous asset lessons and geographies. He joins HGI from Maverick Industrial Properties, the place he was answerable for sourcing and executing debt and fairness industrial actual property investments nationwide. Beforehand, he served because the Director and Senior Asset Supervisor at Situs Corporations/Hanover Avenue Capital for almost ten years. On this position, Siracuse managed a devoted platform of actual property loans along with actual property debt administration, originations and tendencies of loans and actual property belongings.
Siracuse has additionally held positions at Hypo Actual Property Capital Company, S.L. Inexperienced Realty Corp. and Fairness Workplace Properties Belief.
“Following the business impacts of COVID-19, rising our debt funding exercise, in addition to offering capital to certified sponsors, is a precedence initiative for HGI, and Lee’s robust background is a priceless addition to our efforts,” mentioned Richard Litton, President, HGI. “We’re excited to develop our debt investments staff and lengthen a heat welcome to Lee.”
Along with Siracuse’s rent, HGI not too long ago introduced the appointment of Laura de Graaf as Senior Vice President, Director of Senior Mortgage Transactions, because the agency continues to develop its entire mortgage platform. She joins the agency after 30 years at Financial institution of America, overseeing transaction administration of HGI’s entire mortgage bridge lending platform.
“HGI has a big monitor document in managing and souring debt investments and continues to make nice strides within the area with the launch of its entire mortgage platform,” mentioned Siracuse. “I’m thrilled to hitch the staff and persevering with to establish new alternatives for the debt platform.”
About Harbor Group Worldwide
Harbor Group Worldwide, LLC, together with its associates, is a non-public actual property and actual property associated funding and administration agency which controls a portfolio of worldwide belongings valued at $13.5 billion. HGI is headquartered in Norfolk, Virginia with places of work in New York, Baltimore, Los Angeles and Tel Aviv. The corporate’s actual property holdings embrace 4.3 million sq. ft of business properties and 48,000 residence items. For added data, please go to www.harborgroupint.com.
SOURCE Harbor Group Worldwide, LLC