New York, NY, (PRWEB) November 14, 2005
Multi Capital Group was pleased to announce that Lawrence J. Longua has joined the company as Senior Managing Director to its New York office. The announcement came at The 2005 Metropolitan Symposium on Real Estate Development & Finance which was sponsored by The Mortgage Bankers Association of New York Scholarship Foundation, Inc. and New York University, School of Continuing and Professional Studies. The event took place at The Real Estate Institute yesterday at The New York University Rosenthal Pavilion in the Kimmel Center.
Mr. Longua has over 35 years of commercial real estate having held senior positions in the real estate units of major commercial banks, both foreign and domestic. Prior to joining Multi Capital, Larry’s positions and responsibilities included lending, debt resolution, syndication and participation sales, and whole loan placement. These institutions include Chemical Bank, Irving Trust Company, Bankers Trust Company and The Mitsubishi Trust and Banking Corporation.
Mr. Longua will serve private and institutional clients in a range of real estate financing and development matters Mr. Longua is a Clinical Associate Professor in the Masters in Real Estate Program of the Real Estate Institute, New York University and is a member of the Delta Mu Delta National Honor Society in Business Administration.
"Larry adds significant strength not only to our New York office, but to our national real estate presence," said Eli Verschleiser, one of the firms Founding Partners. "His top-drawer experience focuses on the full gamut of the commercial real estate environment, and is of tremendous value to our existing clients. We're thrilled he has joined Multi as we continue our growth both locally and on a national level."
Mr. Longua’s professional and community activities include or have included many prominent positions such as being the Co-director of NYU REIT Center, serving on the Real Estate Institute Appraisal Advisory Council, Director of Acadia Realty Trust (NYSE: AKR), Former president and current member of the Board of Governors, Mortgage Bankers Association of New York, member of the Board of Directors, Association of Foreign Investors in U.S. Real Estate (AFIRE), Advisory Board of New Horizons, Inc., an advocacy organization for severely disabled, as well as many others.
According to Larry, he was drawn to Multi Capital by the firm's strategic plan and the enthusiasm of the executives and professionals at the firm. "Multi Capital has a clear vision of where they want to go as a firm and in the industry, and I saw tremendous opportunities with the firm."
About the Firm
Multi Capital Group (http://www.Multi-Capital.com) is a Real Estate Investment Banking firm prominent in debt and mezzanine placement, equity participation, investment sales, as well as commercial and residential loan sales. Its clients include some of the most active developers and institutions both nationally and in the New York metropolitan area.