Michael Cale and Karen Horstmann
NEW YORK CITY—Allianz Real Estate, the $72.3 billion real estateinvestment and asset manager of the Allianz Group, has appointedtwo executives to expand its US business. Michael Cale will be theUS co-head of debt investments and Karen Horstmann will join thefirm as the US head of equity acquisitions. Both of them willreport to Christopher Donner, CEO of Allianz Real Estate ofAmerica.
Coming from Voya Investment Management where he was the SVP,head of capital markets, Cale will bring 18 years of experiencewhen he comes to Allianz in July. With co-head Mike Krawiec, Calewill oversee underwriting and structuring, overall portfolioallocation and investor management for the $13 billion commercialreal estate loan business.
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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.
