NEW YORK CITY—“What does it mean to be in global business today in the 21st century?” moderator MaryAnne Gilmartin, the CEO at L&L MAG and former CEO of Forest City Ratner, asked the speakers at a Fordham Real Estate Institute panel. The discussion was titled “Lessons Learned on the Front Line from Iconic Women in Real Estate.”
“It's OK to be way over your skis. Maybe stay away from the cliffs but it's OK to be over your skis,” said Kathleen Donovan, managing director, real estate finance group at UBS. “If you're not leaning in or leaning over, it's just boring, and you're just not going to be on the hill. You're going to be staying plateaued.”
In 2001, UBS sent Donovan to London to start European CMBS operations. She had ample experience in underwriting lending but not with origination. In Europe, the different countries each had different laws and regulations. “It literally felt like I was going to 12 or 14 different jobs,” said Donovan.
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Betsy Kim
Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.
