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| Mark Pasierb |
BOSTON, MA – Kingbird Investment Management (“Kingbird”), the real estate subsidiary of Puerto Rico-based family-owned strategic investment company Grupo Ferré Rangel, is pleased to announce that Mark Pasierb has been appointed to President.
Pasierb succeeds Ken Munkacy, who is
retiring from the firm after five years at Kingbird and more than 30 years in
the industry.
In this Boston-based role, Pasierb will
leverage his 30 years of experience in real estate investment to set the
strategic direction of the firm’s portfolio, manage the portfolio’s operational
and financial performance, and oversee Kingbird’s mainland U.S. and Puerto Rico
operations more broadly.
“Mark
has a long track record of success by leading organizations through dramatically changing
market conditions, so he’s arriving at Kingbird at a pivotal time,” said Antonio
Luis Ferré Rangel,
Chief
Executive Officer at Kingbird.
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| Antonio Luis Ferré Rangel |
Prior to joining Kingbird, Pasierb served as the CEO and president of Pitcairn Properties Inc. for 18 years. Under his leadership, the company’s portfolio grew from $400 million to $2 billion in assets under management.
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| Ken Munkacy |
Pasierb holds a bachelor’s degree in Real
Estate from Pennsylvania State University and a master’s degree in Business
Administration from Seton Hall University.
Pasierb sits on the board of both
Pitcairn Properties Inc. and the advisory board of the Institute for Real
Estate Studies at Pennsylvania State University’s Smeal College of Business.
CONTACT:
David Ebeling
Ebeling Communications
949.861.8351
949.278.7851 (Cell)
Member of the National Association
of
Real Estate Editors (NAREE)
“PR Strategist for the Commercial Real Estate
Industry: I do what I love and love what I do.”
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