News: Brokerage

Markey named senior vice president and team leader at Investors Bank

Andrew Markey, Investors Bank Commercial Real Estate Lending Group Andrew Markey, Investors Bank Commercial Real Estate Lending Group

New York, NY The Investors Bank Commercial Real Estate 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 commercial real estate 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 commercial real estate lending team. He possesses the expertise to structure and complete complicated commercial real estate 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 commercial real estate lending portfolio.”

Markey immediately joins Investors Bank and becomes a key player on the team led by head of commercial real estate lending Joseph Orefice.

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

He joins Investors from Connect One Bank, where he was senior vice president and team leader in the Commercial real estate lending unit. There, he developed and grew the bank’s commercial real estate lending capabilities.

Earlier, Markey held senior-level commercial real estate 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 the office of the comptroller of 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 the Commercial Real Estate Development Association (NAIOP).

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