Mary Beth McCormick Joins Advisory Board of Citymark Capital
CLEVELAND – April 21, 2022 – Citymark Capital, a private equity real estate investment firm and fund manager that invests in multifamily across the U.S., announced today that Mary Beth McCormick has been appointed to its advisory board.
McCormick, Executive Director of the Center for Real Estate at Fisher College of Business at The Ohio State University, has extensive experience in real estate, capital markets and corporate governance. She was a Senior Advisor with Almanac Realty Investors, LLC from 2010 to 2016 and previously served the Ohio Public Employees Retirement System for 16 years, most recently responsible for directing the then $64 billion fund’s real estate investments.
“We are thrilled to welcome Mary Beth to our accomplished advisory board,” said Daniel Walsh, founder and CEO of Citymark Capital. “Her diverse experience in real estate provides valuable thought leadership that will serve our firm well.”
McCormick said, “I have had the pleasure get to know Dan Walsh and am excited to work with his leadership team and advisory board to help Citymark continue to grow and thrive as an industry leader.”
McCormick has held leadership positions with a variety of national and regional real estate associations, including Chair of the Pension Real Estate Association. She has also served as a director on the boards of several public and private REITs and real estate operating companies. In addition to serving as Executive Director, McCormick is a Senior Lecturer at the Fisher College of Business. She is a member of the Urban Land Institute, PREA, NAIOP and ICSC, past president of the Columbus Commercial Real Estate Women and has a bachelor’s degree and an MBA from The Ohio State University.
Citymark Capital, a real estate fund manager headquartered in Cleveland, provides joint venture equity for value-add, multifamily investments, executed by experienced regional and national operating partners. The firm targets institutional-quality, garden-style communities ranging in size from 100 to 500 units, in the top U.S. markets based on population.
Citymark has made investments in properties located in Dallas, Las Vegas, Northern New Jersey, Orlando, Houston, Raleigh, Atlanta, Phoenix, Columbus, Denver, Austin and Salt Lake City.
For further information on Citymark Capital, visit www.citymarkcapital.com or contact Matt Porath at 216-453-8087 or Dana Banda at 216-453-8088.
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.