Ohio Pen - Citymark Capital Appoints Michael McRoberts to the Firm's Advisory Board

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CLEVELAND, Sept. 3, 2024 ~ Citymark Capital, a prominent real estate private equity platform based in Cleveland, Ohio, has recently announced the appointment of Michael McRoberts to their advisory board. McRoberts, a former executive at PGIM Real Estate, brings with him a wealth of experience and expertise in the multifamily finance industry.

During his time at PGIM Real Estate, McRoberts served as the Chairman of the Agency Lending Platform where he oversaw a team of 150 professionals and helped expand the company's leadership position in multifamily lending. He was also responsible for managing a "fund of funds" that directed investments into private equity funds focused on multifamily properties. Prior to his role at PGIM Real Estate, McRoberts spent 20 years at Freddie Mac in their Multifamily Division, eventually rising to become a senior leader responsible for all loan production.

Currently retired from his executive role at PGIM Real Estate, McRoberts now works as a consultant for various firms in the multifamily industry. He also serves as the Hunter Mill District Commissioner for the Fairfax County Redevelopment and Housing Authority.

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Citymark Capital's Founder and CEO, Daniel Walsh, expressed his excitement about having McRoberts join their advisory board. "Mike has a stellar reputation as a highly respected and admired pillar of the national multifamily finance industry," said Walsh.

In response to his appointment, McRoberts stated, "I am honored and excited to work with Dan Walsh and the Citymark team and look forward to helping them extend their leadership position in the multifamily industry. Having known Dan for more than two decades, I am highly confident in him and the business strategies that we will deploy."

Throughout his distinguished career, McRoberts has held several leadership positions within the industry including multi-year chairman of Fannie Mae DUS® Advisory Council and member of various committees such as Multifamily Committee of Mortgage Bankers Association (MBA) and National Multifamily Housing Council (NMHC) Finance Committee. He is also a member of the Urban Land Institute's Multifamily Council Silver Flight.

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Citymark Capital, with its team of experienced professionals and national network of partners, aims to create attractive and durable risk-adjusted returns through investing in equity and debt positions in the real estate market. The firm serves a highly regarded investor base comprised of public and private pension plans, insurance companies, foundations, financial institutions, family offices, and high net worth individuals.

For more information on Citymark Capital, interested parties can visit their website at www.citymarkcapital.com or connect with them on LinkedIn. They can also be contacted at 216-453-8092.

However, it should be noted that the information provided in this communication should not be considered as an offer to sell or a solicitation of an offer to buy any security in any jurisdiction where such actions would violate local laws. The general information discussed is not a guarantee, prediction, or projection of real estate investments. As with any investment, there are risks involved such as inflation, interest rates, changes in economic climate and local conditions that may affect property values. It is important for investors to carefully consider these factors before making any decisions.

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