MaxBenjaminPartners,aBeverlyHills,Californiarealestateinvestmentbankknown forhelpingclientsobtainfinancinginanever-challengingmarket,hasappointed ManhattanBeachresidentDrewRandstoserveasSeniorVicePresident.
Inthatcapacity,hewilldrawfromhisnearlytwo-decadecareer tocraftandoverseetransactionsfrominceptiontocompletion andformandmaintainrelationshipswiththefirm'scapital partners.
"Wearedelightedtowelcomeaboardsuchanexperiencedand successfulprofessionalwhowill,nodoubt,provetobeanimportant assettoMaxBenjaminPartners'executiveteam,"announcedthe firm'sfounderandpresident,MaxB.Mellman.
"Despitechallengespresentedbytoday's shakyeconomy,wearegrowing exponentiallyandclosingmoredealsthan everandaleaderofDrew'scaliberand expertisewillbepivotaltotakingustothe nextlevel."
Mostrecently,RandsworkedforaSanta Monica-basedcommercialrealestate investmentbankingfirmforeightyears whichculminatedinhisservingas executivevicepresident.
There,hedevelopedandmaintainedrelationshipswithcapitalpartnersand workedwithcommercialrealestateownerstosecureoptimalfinancingso theycouldachievetheirinvestmentgoals.
Hewasalsoaninvestmentbankerandsenior analystforalargeLA-basedcommercial mortgagebankingfirmand,priortothat,was inchargeofaportfolioofmulti-family propertiesforaninvestmentfirminEncino.
TheUniversityofOregongraduatehas contributedtomorethan$2billionin commercialrealestateacquisitions, dispositions,debtandequitytransactions throughouthiscareer.
MaxBenjaminPartnersisemergingasadisruptorinthefinancialand investmentfieldsbystructuringcomplextransactionsthatareprovingto beawin-winforthoseinvolved.
Potentialinvestmentopportunitiesare carefullyvettedbyin-houseexpertsto ensurethatallpartiesinvolvedhavethe expertise,financialstrengthandintegrity tocompleteeachdeal. InadditiontoTimberlineHills,the firmcurrentlyhasmorethan $300,000,000ofconstruction projectsintheworks.