Thank you for sharing!

Your article was successfully shared with the contacts you provided.

NEW YORK CITY-Finance veteran Michael Mazzei has left Barclays Capital to join Bank of America Merrill Lynch as managing director and head of commercial real estate debt capital markets. He will be based in New York City and will report to Michael Nierenberg, head of global mortgages and securitized products, the company announced Thursday.

Mazzei will be responsible for the origination and securitization of debt financing for real estate companies, including commercial mortgage-backed securities (CMBS), syndicated loans and term loans. In a statement, Nierenberg says Mazzei’s hiring “underscores our commitment to the CMBS and commercial real estate debt markets, and to the opportunities that are ahead.”

At Barclays Capital, where he had been based since 2004, Mazzei was a managing director and co-head of global real estate capital markets and CMBS. He developed a commercial real estate finance group from the ground up. Prior to that, Mazzei had worked at Lehman Brothers, where he began with the company’s mortgage trading operation at its inception in 1986, rising to the head of CMBS and subsequently co-head of its real estate investment banking unit. Lehman is now part of Barclays.

Although the BofA announcement says Mazzei joined from Barclays, a source tells GlobeSt.com that Mazzei had left Barclays some time ago, and that Haejin Baek, the other co-head of global real estate capital markets and CMBS, has since assumed sole leadership of the operations. A spokesman for Barclays says the company has no comment.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.