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Macquarie Real Estate Sets Up Shop in Seattle

SEATTLE- Macquarie Bank Group, one of Asia-Pacific's investment banks, with 4,500 staffers worldwide and a market capitalization of $3.6 billion, selects Seattle to launch its commercial real estate finance business in the United States.

By Gina Binole | Updated on June 05, 2002

SEATTLE-Citing several favorable market conditions, including an educated and diverse population, Macquarie Bank Group has chosen Seattle as its U.S. port of entry for its commercial real estate finance business.

Macquarie, one of Asia-Pacific’s investment banks, boasts about 4,500 staffers worldwide and a market capitalization of $3.6 billion.

“There is a lot to like about Seattle and the opportunities it offers a company such as ours, even in the current economic climate,” says Arthur Porter, executive vice president and head of Macquarie Real Estate Finance (MREF). “In fact, entering the market at this stage of the cycle has worked to our advantage, allowing MREF to secure quality staff and clients who have found local financing to be tight since recent events including the tech-wreck, 9-11 and the Boeing lay-offs.”

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