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[IMGCAP(1)]NEWPORT BEACH, CA-KBS Capital Markets Group has added two new senior-level executives to accommodate the firm’s expected future growth and product offerings, according to Mike Crimmins, KBS-CMG managing director and CEO. Monica Brock has joined the firm as director of finance and Robert Nguyen has signed on as operations manager for KBS Capital, which is an affiliate of KBS Capital Advisors and KBS Realty Advisors.

Brock comes to KBS after 14 years with Capital Group Companies Inc., an Irvinebased firm that manages assets for pension funds and other institutional clients. In her most recent position at Capital Group, she directed a staff of 10 accountants and analysts and the company’s day-to-day accounting and financial reporting responsibilities.

[IMGCAP(2)]Nguyen joins KBS from Royal Bank of Canada, where he was complex operations manager for the company’s six California offices in Newport Beach, La Jolla, Long Beach, San Jose, Salinas and San Luis Obispo. In this capacity, he recruited and developed a staff of 28, coordinated initial public offerings and analyzed more than $10 million in daily trade activity. Previously, he was with United Bank of Switzerland and Sutro & Co.

The appointments of Brock and Nguyen follow other recent appointments and promotions at KBS Capital Markets Group, which is the dealer manager for KBS REIT I and KBS REIT II. Earlier this year, for example, Crimmins was appointed to the posts of CEO and managing director. KBS CEO Chuck Schreiber noted at the time that Crimmins moved up to the CEO and managing director posts after being appointed earlier this year as national sales manager for KBS-CMG, a fast-growing national sales and distribution operation.

Both KBS REIT I and KBS REIT II are affiliates of KBS Realty Advisors, a private equity real estate company and SEC-registered investment adviser founded in 1992 by Peter Bren and Chuck Schreiber. Since 1992, KBS has completed transactional activity exceeding $16.5 billion via 19 separate accounts, six commingled funds and two private equity REITs.

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