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.
MORE FROM Brokerage

SCRE expands Brooklyn family retail sector through dual closings

Brooklyn, NY Saugatuck Commercial Real Estate (SCRE) has finalized two retail leasing transactions targeting family-oriented services. Both long-term leases were brokered by Erika Tulsi, Licensed Real Estate Associate at SCRE.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.