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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, 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 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, 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 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 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 Executive Committee (Housing and Real Estate Finance Division); Robert Morris Association, Real Estate Lending Committee; Urban Land Institute; International Council of Shopping Centers; 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 of The Community Preservation Corporation (CPC), a consortium of 94 banks, thrifts, and major New York insurance companies.

For more information about the event, log onto
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Title Annotation:Real Estate Lenders Association awards William C. McCahill Jr., and Murray F Mascis
Publication:Real Estate Weekly
Geographic Code:1USA
Date:Jun 8, 2005
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