Newswire Mann Report

Citymark Capital Establishes New York Office

Matthew Hirsch (Photo via PRNewswire)

Citymark Capital, a private equity real estate investment firm and fund manager headquartered in Cleveland, Ohio, has named that Matthew Hirsch managing director of structured capital markets in a newly established New York office.

Hirsch will leverage Citymark’s existing fund management platform to accelerate the company’s growth as a capital solutions provider by strategically investing Citymark’s existing fund capital and attracting new third-party investor capital in preferred equity, mezzanine debt and common equity structures, as well as senior debt purchases.

“We are delighted to welcome Matt to Citymark Capital. Matt’s deep institutional real estate investment track record and capital markets experience will have an immediate impact on Citymark’s continued growth of its fund management business and overall capital markets platform,” said Daniel Walsh, Founder and CEO of Citymark.

Prior to joining Citymark, Hirsch was a founding member of a New York-based team in CBRE’s debt and structured finance group. In this role, Hirsch led the origination, execution, and pricing of debt and equity executions for multifamily and mixed-use projects throughout the United States. Before joining CBRE, he was a director in the capital advisory business at Greystone & Co. where he originated, arranged and placed more than $8 billion in financing transactions. Hirsch’s early experience also includes a position at Aurelius Capital Management.