News: Brokerage

Bane joins Johnson Capital as a principal

According to Johnson Capital, Neil Bane has joined the company as a principal in the firm's N.Y. office, where he is spearheading the growth of the Johnson Equity desk, the Loan Sale Advisory & Workout group and the Global Hospitality practice. He is an expert on structuring and placing cross-border financings and equity raising transactions and he plans on expanding the Johnson Capital debt and equity practice into Europe, Latin America and the Middle East. Bane's primary responsibilities include promoting and expanding the Johnson Equity desk on a national and international basis as well as originating and placing debt and equity capital on a variety of property types including office, industrial, retail, self-storage, mixed-use, apartments, condos and hospitality. For the Global Hospitality clients, he will originate and execute highly-structured hotel and resort financings and investment sales offerings. For the Loan Sale Advisory & Workout business, he will assist banks and financial institutions with the pricing, marketing and disposition of their problem assets while working with other senior members of the group to grow the loan sale and workout business nationally and internationally. Before joining Johnson Capital, Bane was a director in the Equity & Structured Finance Group at a leading international real estate investment banking firm in New York. In that position, he was involved in the origination, sourcing, structuring and placing of over $7 billion in debt and equity transactions for many leading real estate investors in North America and Europe. Mr. Bane was also involved in various loan sale transactions for the firm and he was a catalyst and a lead banker for its European and Canadian investment banking efforts. Prior to that, Bane held various senior level origination and underwriting positions with various conduit and Fannie Mae/ Freddie Mac seller-servicers including: Lehman Brothers, ARCS Commercial Mortgage (aka PNC Bank), Citicorp, PW Funding (aka Centerline) and Citicorp. In the early part of his career he worked for both the FDIC Division of Liquidation, as well as First Nationwide Bank, handling workouts, loan dispositions and bank liquidations. Bane received a BA degree from Yeshiva University, a Masters of Business Administration from Johnson Business School of Cornell University, and Masters of Science in Real Estate from New York University. He holds a New York and Massachusetts Real Estate broker license and is an active member of ICSC, Cornell Real Estate Council and ULI trade groups. Commenting on Bane joining the company, Cliff Carnes, COO of Johnson Capital said, "Neil's background and experience is a big win for Johnson Capital. We are very pleased to add him to our team in New York and I am confident he will have an immediate impact with our Equity desk and Workout and Hospitality deals." For more information, go to: www.johnsoncapital.com.
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