Industry stalwarts will be honored by RELA.The Real Estate Lenders Association will honor two leading industry figures at a Testimonial Breakfast on June 14. William C. McCahill Jr., executive vice president and senior lending officer at Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. , and Murray F Mascis, executive vie president retired, Washington Mutual Bank, will received the accolade of their peers at the special event being held at the Sky Club in the MetLife Building, 200 park Avenue, at 7:45 a.m., June 14. As executive vice president, real estate banking, Mr. McCahill is the senior lending officer for a national portfolio of $12 billion in commitments and is responsible for Bank of America's real estate marketing strategy in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. and Long Island. Previously, Mr. McCahill was executive vice president of FleetBoston Financial. He also previously served as senior vice president at Chase Manhattan Bank The Chase Manhattan Bank, now part of JPMorgan Chase, was formed by the merger of the Chase National Bank and the Bank of the Manhattan Company in 1955. The bank is headquartered in New York City. , N.A., with responsibility for a multi-billion-dollar real estate portfolio. McCahill has been involved in the campaigns of Lincoln Center's Real Estate and Construction Council and Israel Bonds' Real Estate and Construction Division for two decades. He is also a Director of the New York City Housing Partnership and a Council member of the Urban Land Institute, and a former Governor of the Real Estate Board of New York. He has previously been honored for his humanitarian and philanthropic endeavors by the National Jewish Hospital, Albert Einstein College, Jewish National Fund, Lincoln Center, and the University of Medicine & Dentistry of New Jersey. He resides in Upper Montclair, New Jersey, with his wife and daughter. With over 43 years of experience as a banking executive in the real estate finance industry, Murray E Mascis was most recently an executive vice president at Washington Mutual, where he oversaw the eastern region of the commercial real estate division. Murray joined WAMU WAMU Washington Mutual WAMU West African Monetary Union through its acquisition of Dime Bancorp in 2001, where he spent the previous eleven years as executive vice president in charge of Dime's $4.3 billion commercial real estate portfolio. He joined Dime after a 31-year career with Citicorp, where he developed extensive experience in real estate finance as well as significant workout experience from the REIT REIT See: Real Estate Investment Trust REIT See real estate investment trust (REIT). industry of the late 1970s. Murray served active roles in real estate industry associations, including the New York City Community Preservation Corporation; New York City Housing Partnership; Mortgage Bankers Association, Internal Management and Multi-Family Committees; National Associations of Real Estate Investment Trust; American Bankers Association The American Bankers Association (ABA) is comprised of banks and other financial institutions. It seeks to promote the strength and profitability of the banking industry by Lobbying federal and state governments, building industry consensus on key issues, and providing products and Executive Committee (Housing and Real Estate Finance Division); Robert Morris Association, Real Estate Lending Committee; Urban Land Institute; International Council of Shopping Centers The International Council of Shopping Centers (ICSC) is an international trade association of the shopping center industry. The organization, founded in 1957, has 65,000 members worldwide, which include shopping center owners, developers and managers, as well as other individuals, ; and the Advisory Board of the Enterprise Foundation. The awards will be presented by Robert Persico, managing director of credit and syndications for the commercial real estate group at PB Capital, a subsidiary of Deutsche Postbank AG, and Michael D. Lappin, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of The Community Preservation Corporation (CPC (1) (Central Processing Complex) An IBM mainframe that has two or more central processors (CPs) that share memory. It is the collection of processors, memory and I/O subsystems manufactured with a single serial number, typically all contained in one cabinet. ), a consortium of 94 banks, thrifts, and major New York insurance companies. For more information about the event, log onto www.RELA.org |
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