NEW YORK CITY-Barden N. Gale has joined Mack Real Estate Group as vice chairman and member of the investment committee. MREG was founded earlier this year by William Mack, Richard Mack and Stephen Mack, following the sale of AREA Property Partners to Ares Management.
“As we increase our activity across the United States and beyond, we're selectively expanding Mack Real Estate Group's core of senior-level investment talent,” says Richard Mack, MREG's CEO, who calls Gale “the perfect fit for our long-term, flexible approach to real estate acquisition and ownership. His investment acumen and deep, long-lasting relationships will be invaluable as we continue to source and evaluate new transactions and build our institutional business.”
Gale was most recently CEO of JER Partners, which he joined in 2009 after serving as vice chairman at Starwood Capital Group. Before his tenure with Starwood, he was CIO for real estate at ABP Investments US Inc., the investment arm of Stichting Pensioenfonds ABP (now APG), one of the world's largest pension funds.
He also held investment banking roles at Salomon Brothers Inc. in London and New York City and at Nesbitt Burns Securities in New York. In 2007, Gale received the Industry Achievement Award from the National Association of Real Estate Investment Trusts.
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