Opus, a national commercial real estate development and construction company with nine offices across the country, announced that Mark Kunkel has joined its capital markets team as senior vice president of capital formation and investment strategy. He reports directly to Pete Conlon, who was named Opus’ chief financial officer and head of capital markets this past April.
In his new role, Kunkel is responsible for helping design, execute and scale Opus’ capital formation and investment strategy, serving as the primary bridge between Opus and institutional investor partners. The development of new investment vehicles and fund strategies that expand the company’s existing capital base beyond joint venture equity partnerships will drive long-term value creation across the enterprise.
“We’re thrilled to welcome Mark as a key leader within our capital markets group and a valued member of the Opus team,” said Pete Conlon, chief financial officer and head of capital markets. “His 25-year track record of raising and investing capital across product types and major U.S. markets makes him the ideal leader to advance our fund formation strategy and grow our institutional investor base. His expertise in fund management and structuring investment vehicles and his deep industry relationships will further accelerate our platform’s growth and capital formation strategies.”
Throughout Kunkel’s career, he has helped lead fund strategies and successfully managed the acquisition, financing and disposition of over $3.0 billion in investments and led portfolio management for over 12 million square feet.
Prior to joining Opus, Kunkel led capital formation for Doran Companies, primarily raising equity development capital from institutional investors including insurance companies and public pensions. Earlier in his career, he held senior leadership roles at Northmarq Fund Management, where he launched the company’s fund management business, and AB CarVal (formerly CarVal Investors), where he spent 14 years sourcing, financing and managing real estate investments across six different equity and debt fund vehicles on behalf of a large institutional investor base.
Kunkel holds an MBA from Harvard Business School and a BSB in accounting and finance from the University of Minnesota. He is a CFA charterholder and holds the CPA designation.
