Overcoming Capital-Raising Challenges With the New Rules

Manning: “We continue to raise capital with strategies that include opportunistic and value-add real estate as well as multi-manager private equity.”

NEWPORT BEACH, CA—FINRA 1502 and the proposed DOL Fiduciary Rule have contributed to an industrywide slowdown in capital raise, but KBS Capital Markets Group, continues to demonstrate liquidity and performance in its closed and open offerings, Mick Manning, president and CEO of KBS the firm, tells GlobeSt.com.

As we recently reported, KBS has hired David DiDonato as a regional VP, supporting Southern California for the group. DiDonato has extensive experience as both a financial advisor and a wholesaler, most recently as a wholesaler for W.P. Carey in the Southern California market. We spoke with him and Manning about DiDonato’s new role and challenges in financing CRE transactions in Southern California.