News: Brokerage
Posted: December 6, 2016

Investors Bank appoints Markey senior VP and team leader, CRE lending

Andrew Markey, Investors Bank Andrew Markey, Investors Bank

New York, NY The Investors Bank Commercial Real Estate (CRE) Lending Group has appointed Andrew Markey to the position of senior vice president and team leader. Markey’s key responsibility involves new business development with CRE sector companies in the New Jersey and New York metropolitan region. His focus will be on building new and reinforcing existing relationships with top real estate developers and property owners.

Investors Bank chief lending officer Richard Spengler said, “Andrew will help enhance and strengthen our solid, experienced and highly capable CRE lending team. He possesses the expertise to structure and complete complicated CRE financing transactions. His impressive talent in developing relationships with New Jersey’s top commercial real estate firms is critical for us to prudently grow our CRE lending portfolio.”

Markey joins Investors Bank and becomes a key player on the team led by head of CRE lending Joseph Orefice. He joins Investors from ConnectOne Bank, where he was senior vice president and team leader in the CRE lending unit.

Markey said, “Joining Investors Bank presents many exciting opportunities. The bank is a large, regional financial institution with an exceptional reputation among CRE companies.”

Markey also held senior-level CRE lending positions at Wells Fargo Bank. He built many productive relationships with developers and successfully completed hundreds of commercial lending transactions during his 20 years at the bank.

He began his career as a bank examiner with Office of the Comptroller of the Currency, which is an independent bureau of the U.S. Department of  the Treasury.

Markey earned both a BA in Economics and an MBA in Finance from Rutgers University.

He is a member of NAIOP - the Commercial Real Estate Development Association.

Tags: Brokerage
Print
Share
Reprint
Previous Story Next Story
READ ON THE GO
DIGITAL EDITIONS
Browse Now
Subscribe
Quick Hits
Ross of Largo Capital Ltd. arranges $37.4 million portfolio financing for two Montreal properties
Columns and Thought Leadership
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
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
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.