NEW YORK CITY-Jonathan Geanakos has joined Monday Properties as executive vice president. Geanakos will be tasked in the newly-created position with leading Monday’s new acquisitions and investments.

Geanakos joins Monday from Houlihan Lokey, where he was a managing director in the firm’s New York office and co-head of its Real Estate Lodging and Leisure Group. While at Houlihan Lokey, he worked with Monday on the recap of 230 Park Ave., which was accomplished with Invesco Real Estate. 

Asked about the availability the capital that will be so crucial to his new position, Geanakos sounds optimistic.

“Clearly there is a tremendous amount of capital that is available on the equity side,” he tells GlobeSt.com. “But that really is driven by the sponsorship and where you’re panning to invest, so it’s no mystery that gateway markets and trophy assets have a tremendous amount of liquidity available to them. The debt markets are selective--they are available.”

As far as investments are concerned, Geanakos says that he’ll remain true to what Monday is known for. “We’re going to be focused, at least initially, on our core markets--so that means the Midtown Manhattan, Midtown South markets, as well as the Rossyln, Ballston and DC district corridors,” he says. “Ours is a high quality, urban asset thesis. We are going to be looking predominately at opportunities to create value.”

Smaller assets won’t be totally off-limits, though, if they meet “either a market expansion thesis,” he says, “or there is something unique in one of our markets that attracts us to it. But we tend to focus on assets that require larger amounts of capital.”