Former PGIM Real Estate Executive, Michael McRoberts, Joins Citymark Capital Advisory Board

CLEVELAND, OH, September 3, 2024 – Citymark Capital, a leading US real estate private equity platform headquartered in Cleveland, Ohio, is pleased to announce that Michael McRoberts has been appointed to the firm’s advisory board.

McRoberts recently retired as Chairman of the Agency Lending Platform at PGIM Real Estate. In that role, McRoberts oversaw a national team of 150 professionals and expanded the company’s leadership position in Multifamily lending. In addition, he was responsible for running a “fund of funds” where he directed investments into Multifamily-focused private equity funds. Prior to PGIM Real Estate, McRoberts spent 20 years at Freddie Mac in the Multifamily Division, with his last position as a senior leader responsible for all Multifamily loan production. Currently, McRoberts consults with firms in the Multifamily industry and acts as the Hunter Mill District Commissioner for the Fairfax County Redevelopment and Housing Authority.

“Mike has a stellar reputation as a highly respected and admired pillar of the national Multifamily finance industry. We are thrilled to welcome him to our Advisory Board,” said Daniel Walsh, Founder and CEO of Citymark.

McRoberts said, “I am honored and excited to work with Dan Walsh and the Citymark team and look forward to helping them extend their leadership position in the Multifamily industry. Having known Dan for more than two decades, I am highly confident in him and the business strategies that we will deploy.”

McRoberts has held several industry leadership positions throughout his distinguished career including multi-year chairman of the Fannie Mae DUS® Advisory Council, member of the Multifamily Committee of the Mortgage Bankers Association (MBA), Chairman of the National Multifamily Housing Council (NMHC) Finance Committee; he continues to participate as a member of the Urban Land Institute’s Multifamily Council Silver Flight.

About Citymark
Citymark Capital is a leading US real estate private equity investment platform that seeks to create attractive and durable risk-adjusted returns throughout economic cycles by investing in equity and debt positions.  The firm has over 200 years of commercial real estate and banking industry experience across its team, and a national network of experienced operating partners, brokers, banks, and financial intermediaries.

Citymark’s disciplined investment approach is guided by an unwavering commitment to its investors and a focus on fundamental value. The firm serves a highly regarded investor base comprised of public and private pension plans, insurance companies, foundations, financial institutions, family offices, and high net worth individuals.

 

Disclaimer
The information contained in this communication should not be regarded as an offer to sell or a solicitation of an offer to buy any security in any jurisdiction where such an offer or solicitation would be in violation of any local laws. The general information discussed is not a guarantee, prediction, or projection of real estate investments. There are risks associated with investing in real estate assets, such as inflation, interest rates, real estate tax rates, changes in the general economic climate, local conditions such as population trends and neighborhood values, and supply and demand for similar property types. This communication may contain forward-looking statements identified by the use of words such as “outlook,” “indicator,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “seeks,” “approximately,” “predicts,” “intends,” “plans,” “estimates,” “anticipates” or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive.