NEW YORK CITY-Barden N. Gale has joinedMack Real Estate Group as vice chairman and memberof the investment committee. MREG was founded earlier this year byWilliam Mack, Richard Mack and StephenMack, following the sale of AREA Property Partners to AresManagement.

“As we increase our activity across the United States andbeyond, we're selectively expanding Mack Real Estate Group's coreof senior-level investment talent,” says Richard Mack, MREG's CEO,who calls Gale “the perfect fit for our long-term, flexibleapproach to real estate acquisition and ownership. His investmentacumen and deep, long-lasting relationships will be invaluable aswe continue to source and evaluate new transactions and build ourinstitutional business.”

Gale was most recently CEO of JER Partners,which he joined in 2009 after serving as vice chairman atStarwood Capital Group. Before his tenure withStarwood, he was CIO for real estate at ABP Investments US Inc.,the investment arm of Stichting Pensioenfonds ABP (now APG), one ofthe world's largest pension funds.

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Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.