StreetMac Aligns with Urban Retail Properties to Provide Advising Services
Summary
Jackson is joined by Sean O’Malley, StreetMac’s senior vice president and national lending director who previously served in executive leadership roles for RBC Capital Markets and GE Real Estate’s North America Debt Division.“Our partnership with Urban presents a powerful and unique proposition for mall owners and investors where they can divest themselves of property holdings under distress because of weak retail market conditions,” says Jackson.In addition to offering clients a full range of bank, agency, life insurer and conduit financing programs, the firm leverages its relationships with local, national and international lenders to provide CMBS advisory services to real estate organizations nationwide.Contact information: David Jackson 224.765.0097 djackson@streetmac.net www.streetmac.net ### Chicago, IL, March 10, 2009 --( PR.com )-- StreetMac®, a Northbrook, Ill.-based commercial real estate financing firm, today announced an alliance with Chicago-based Urban Retail Properties, LLC (“Urban”) to advise Urban on opportunities for acquiring and managing distressed retail mall properties nationwide.The alliance teams Urban, which has developed more than 75 domestic and international shopping destinations and mixed-use projects and is the nation’s leading third-party real estate manager, with StreetMac, whose senior executives have originated more than $4 billion in commercial real estate financing transactions.StreetMac’s President and Chief Executive Officer David Jackson, who previously founded and served as chief executive officer of Chicago-based First Security Commercial Mortgage and First Security Investor Reporting, will lead the StreetMac team in this partnership.In addition to offering clients a full range of bank, agency, life insurer and conduit financing programs, the firm leverages its relationships with local, national and international lenders to provide CMBS advisory services to real estate organizations nationwide.Contact information:David Jackson224.765.0097djackson@streetmac.netwww.streetmac.net### Contact Information StreetMac, LLC David Jackson 224.765.0097 streetmac.net Click here to view the list of recent Press Releases from StreetMac, LLC Promote Your Business Press Release Pricing Email this page to a friend