PRINCETON, NJ-NAI Global has named Peter L. Ruggiero managing director of global capital markets. According to NAI Global president and CEO Jeffrey M. Finn, Ruggiero’s mandate is to aggressively expand and manage capital markets activity across NAI’s worldwide platform, and provide NAI clients with comprehensive solutions, from acquisition/disposition to debt and equity financing and asset management.
“Peter is an accomplished industry veteran with tremendous experience as principal on both the buyer and seller side of the equation,” Finn said in a statement. “He is the perfect choice to help us build a more robust platform that leverages our strong local relationships with investors--high net worth individuals, private equity, REITs and institutional investors--and the specialized capabilities of our Investment Services group and financing arm to deliver more value for our clients.”
Ruggiero, who will be based in NAI Global’s Princeton, NJ headquarters, most recently worked at Cassidy Turley New York and its predecessor, Colliers International, where he created and managed their capital markets platform for more than five years.
Prior to that, Ruggiero served for more than 20 years at Prudential, where he led the disposition strategy and managed the national sales platform at Prudential Real Estate Investors. In that role Ruggiero managed the sale of over $7 billion in commercial real estate assets and implemented a standardized sales program that coordinated the activities of the PREI asset managers, property managers, portfolio managers, accountants, brokers and outside counsel to ensure a smooth and effective sales process.
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