PARSIPPANY, N.J. (March 31, 2014) – The New Jersey office of NorthMarq Capital announced that real estate veteran Cristina Kloss has joined its growing production team to further its debt and equity platform. Kloss most recently was a senior asset manager with Angelo Gordon’s Net Lease Group where she oversaw more than $500 million in loan transactions for the funds’ commercial and industrial investments around the country. She previously worked for Morgan Stanley Investment Management and W.P. Carey & Company. “We are very fortunate to have Cristina join us from some of the most recognized names in real estate investment; she is very smart and creative and will undoubtedly take full advantage of her diverse financing background and our extensive platform in providing real value to our clients.” NorthMarq’s senior vice president and managing director Greg Nalbandian stated. “Cristina is a perfect fit for our expanding office as we are always looking to make good, strategic hires in growing our market share here in northern New Jersey.” The news comes on the heels of a successful first quarter for NorthMarq. Nalbandian notes that transaction activity has escalated. “Our office is working on several value add transactions where we are advising our clients on the entire capital stack from strategic equity joint ventures to non-recourse bridge debt, an area of financing that has seen several new entrants into the market. There is even an appetite to finance vacant buildings with a well-conceived business plan on a non-recourse basis. It is a way for some debt funds to achieve higher yields in a very crowded field today,” he added.
NorthMarq Capital Welcomes Cristina Kloss as New Vice President of N.J. Regional Office
March 31, 2014