Mark will be an instrumental part of our strategy to expand our footprint in the real estate services arena with an aggressive, yet prudent strategy with an eye on growth, but mindful of the fundamentals of profitability.
Woodland Hills, CA (PRWEB) January 11, 2013
The Peak Corporate Network, a comprehensive resource for real estate services nationwide, announced today the appointment of Mark Nester as Chief Financial Officer (CFO). In this role, Mark will oversee the finance, budgeting, financial reporting and analysis operations for the organization. He will also evaluate, design, and implement new strategic business initiatives including asset and entity acquisitions under the direction of the Peak’s Chief Operating Officer. Mark brings more than 25 years of experience in real estate accounting, acquisition, finance, operations and disposition of real estate assets, with core expertise in REO, sub-performing, non-performing and performing loan analysis.
According to Gil Priel, co-founder, Managing Director, and Principal of the Peak entities, “Mark will be an instrumental part of our strategy to expand our footprint in the real estate services arena with an aggressive, yet prudent strategy with an eye on growth, but mindful of the fundamentals of profitability. Mark’s hiring continues our effort to bring in the most qualified and experienced executive team to run the Peak brand. We’re looking forward to Mark’s partnership with our management team to guide, and recalibrate as needed, activities to achieve company sales goals that maintain a balance between profitability and volume. ”
Eli Tene, co-founder, Managing Director and Principal of the Peak entities is enthusiastic about the contribution Mark will make to the organization as a whole. “The twelve entities currently assembled under the Peak brand serve virtually every aspect of the real estate industry, and I’m confident that under Mark’s watch these companies will realize their full potential in generating strong returns as they continue to expand the Peak brand as ‘Everything Real Estate’ ”.
Mark comes to Peak with extensive sourcing, structuring and negotiation experience in the real estate debt and equity markets, having executed in excess of $10 billion in valuation, acquisition, disposition, repositioning and financing transactions. Nester has headed his own consulting firm servicing the real estate and financial service sectors, as well as serving in managing director positions at two highly recognized “Big Four” accountancy firms. He was also the CFO of a publicly traded REIT, a land development/homebuilding company and a green energy startup company. Mark holds a B.S. degree in Accounting from Loyola Marymount University, and completed part of his undergraduate studies at University of Wisconsin – Madison (Big Ten conference) on a football scholarship. Mark is also certified as an expert witness relating to real estate debt and equity.
As a leading authority in the real estate industry, the Peak Corporate Network entities provide a full array of comprehensive real estate services nationwide including brokerage services, mortgage financing, loan servicing, escrow services, short sales, foreclosure processing and 1031 exchange. For more information, visit http://www.peakcorp.com
The Peak Corporate Network is not a business entity; the brand represents a group of related, separate legal entities, each providing its unique set of real estate services.