NEWPORT BEACH, CA—FINRA1502 and the proposed DOL FiduciaryRule have contributed to an industrywide slowdown incapital raise, but KBS Capital MarketsGroup, continues to demonstrate liquidity and performancein its closed and open offerings, Mick Manning, president and CEO ofKBS the firm, tells GlobeSt.com.
As we recently reported, KBS has hired DavidDiDonato as a regional VP, supporting Southern Californiafor the group. DiDonato has extensive experience as both afinancial advisor and a wholesaler, most recently as a wholesalerfor W.P. Carey in the Southern California market.We spoke with him and Manning about DiDonato's new role andchallenges in financing CRE transactions inSouthern California.
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