BOSTON- In an effort to increase the company’s New England presence, New York City-based finance and asset management firm Centerline Capital Group hired multifamily guru Paul Donahue to serve as managing director in the Mortgage Banking Group at the company’s new Boston office.

Donahue--with more than 20 years of experience in the multi-housing capital arena--was formerly an SVP at CB Richard Ellis Boston, where he managed mortgage banking and investment sales. Before that, he was managing director at HFF, where he completed debt and equity financing for multifamily housing owners. And from 1984 to 2004, Donahue worked for The Berkshire Group, where he led the production of the Berkshire Mortgage platform.

In his new position at Centerline, Donahue will specialize in the sale of financial products such as conventional multifamily agency, C-III sponsored bridge, b-note and CMBS loans, as well as other debt and equity capital executions. Donahue tells GlobeSt.com that given his contacts and relationships with institutions and pension fund advisors across the county, he will increase “substantial market share” in New England and beyond.