CHICAGO--(BUSINESS WIRE)--
The Board of Directors of Cushman & Wakefield (NYSE: CWK) today
announced the recent appointment of Michelle M. MacKay as an independent
member. MacKay was most recently a Senior Advisor to iStar, an adaptive
investment REIT that finances, invests in and develops real estate and
real estate related projects.
“Michelle is an accomplished leader in real estate finance. Her years of
experience and her understanding of our business will prove valuable to
the Board and to the firm,” said Brett White, Executive Chairman & CEO
of Cushman & Wakefield.
During her 15-year career at iStar, MacKay served as Executive Vice
President of Investments, and was one of the key contributors to the
growth of iStar from a $6 billion to a $16 billion corporation. She also
held roles as Head of Capital Markets and Head of Corporate and Liquid
Securities. Prior to iStar, MacKay came from UBS, where she was an
Executive Director in commercial real estate and a senior member of the
Commercial Real Estate Investment Committee. She originated and closed
over $1 billion of first mortgage and mezzanine real estate transactions
while at UBS. MacKay was also responsible for mezzanine structuring and
distribution.
From 1996 to 1998, MacKay was Vice President at Chase Bank where she was
part of a two-person team hired to establish the commercial
mortgage-backed securities trading desk and real estate products
distribution. Prior to Chase, MacKay created and managed a $1.8 billion
portfolio of real estate investments at The Hartford Insurance Company
in their investment arm, HIMCO. Her responsibilities included analyzing
and investing in CMBS, CMBS IO, unsecured REIT debt, FNMA multifamily,
credit tenant lease structures and high yield real estate companies.
MacKay holds an MBA from the University of Hartford and a Bachelor of
Arts from the University of Connecticut.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services
firm that delivers exceptional value by putting ideas into action for
real estate occupiers and owners. Cushman & Wakefield is among the
largest real estate services firms with 48,000 employees in
approximately 400 offices and 70 countries. In 2017, the firm had
revenue of $6.9 billion across core services of property, facilities and
project management, leasing, capital markets, valuation and other
services. To learn more, visit www.cushmanwakefield.com
or follow @CushWake
on Twitter.
Source: Cushman & Wakefield
View source version on businesswire.com:
https://www.businesswire.com/news/home/20181128005811/en/
Brad Kreiger
Global Head of Marketing & Communications
+1
312 424 8010
brad.kreiger@cushwake.com
Source: Cushman & Wakefield