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Jeffrey B. Mendell.

Jeffrey B. Mendell (photo), has been name president of National Realty & Development Corp.

Headquartered in Purchase, New York, National Realty has developed, owns and manages over 10 million square feet of shopping centers, business parks, office buildings, and planned residential communities throughout the northeast. Mendell will be responsible for all aspects of the business including financing, development, leasing and management.

Mendell formerly served as vice president for Citicorp Real Estate, Inc. where he was responsible for the New York City problem loan portfolio totalling over one billion dollars in assets.

During his 17-year tenure in the real estate business, Mendell ran his own firm, JBM Realty Capital Corp., based in Manhattan, and real estate investment banking firm. He also served ag director of finance and a partner with Jones Lang Wootton where he arranged financing and joint ventures over a four year period totalling in excess of $ 350 million.

In the early 1980's, Mendell was senior vice president of Chase Enterprises, a national real estate company where he was responsible for financing and development. During his tenure, the company developed 1.5 million square feet of Class A office space, over 2,000 residential units, closed five joint venture partnerships with Olympia & York, and arranged total financing of approximately $1 billion.

In the late 1970's, he was vice president with Citibank, N.A., in the New York Real Estate Department where he completed over $300 million of construction financing for real estate developers in the tri-state area.

Mendell, a graduate of the Wharton School of Finance and Commerce, University of Pennsylvania, is also an adjunct professor of New York University's Real Estate Institute, and he is a member of the Urban Land Institute.
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Title Annotation:appointed president of National Realty and Development Corp.
Publication:Real Estate Weekly
Article Type:Biography
Date:Oct 7, 1992
Words:283
Previous Article:Marc I. Altman.
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