CLEVELAND, Aug. 18, 2016 /PRNewswire/ -- KeyBank Real Estate
Capital, the commercial real estate business unit of KeyCorp (NYSE:
KEY), today announced its expanded platform and leadership team
following the merger of KeyCorp and First Niagara Financial
Group.
The expanded platform includes more than 50 new bankers,
portfolio managers and servicing officers from First Niagara across
the country in KeyBank Real Estate Capital's Income Property,
Community Development Lending, Healthcare and Servicing Groups. The
First Niagara team also brings a book of commercial real estate
loan commitments in excess of $6
billion to Key.
New leadership from First Niagara joining Key in the Income
Property (IPG) and Community Development Lending (CDL) Groups are
as follows:
- Greg Gilroy, IPG Regional
Executive, Upstate New York and Western
Pennsylvania
- Russ Gentner, IPG Team
Leader, Western New York and
Western Pennsylvania
- Doug MacLean, IPG Team
Leader, Boston/New Haven
- Chris Terlizzi, IPG Team
Leader, Eastern Pennsylvania
- Craig Burton, CDL Team
Leader, Northeast
"I'm very excited to have such talented and experienced
professionals join our team," said Angela
Mago, Group Head, KeyBank Real Estate Capital and
Co-president, Key Corporate Bank. "The combined industry
expertise and strong community ties that these individuals bring to
the team will help us leverage our exceptional platform to grow the
business."
"As KeyBank and First Niagara come together, we're particularly
excited to have expanded leadership in the Northeast Region," said
Norman Nichols, head of Income
Property and Community Development Lending. "This team has the
experience to drive our relationship-based business model and
deliver the full breadth of our capabilities to our clients and
prospects."
About KeyBank Real Estate Capital
KeyBank Real Estate Capital is a leading provider of commercial
real estate finance. Its professionals, located across the country,
provide a broad range of financing solutions on both a corporate
and project basis. The group provides interim and construction
finance, permanent mortgages, commercial real estate loan
servicing, investment banking and cash management services for
virtually all types of income producing commercial real estate. As
a Fannie Mae Delegated Underwriter and Servicer, Freddie Mac
Program Plus Seller/Servicer and FHA approved mortgagee, KeyBank
Real Estate Capital offers a variety of agency financing solutions
for multifamily properties, including affordable housing, seniors
housing and student housing. KeyBank Real Estate Capital is also
one of the nation's largest and highest rated commercial mortgage
servicers.
About KeyCorp
KeyCorp was organized more than 160 years ago and is
headquartered in Cleveland, Ohio.
One of the nation's largest bank-based financial services
companies, Key had assets of approximately $101.2 billion at June 30,
2016. Key provides deposit, lending, cash management,
insurance and investment services to individuals, small and
medium-sized businesses under the name of KeyBank National
Association. Key also provides a broad range of sophisticated
corporate and investment banking products, such as merger and
acquisition advice, public and private debt and equity,
syndications and derivatives to middle market companies in selected
industries throughout the United
States under the KeyBanc Capital Markets trade name. For
more information, visit https://www.key.com/. KeyBank is Member
FDIC.
KEY MEDIA NEWSROOM: www.Key.com/newsroom
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SOURCE KeyCorp