LOS ANGELES—Marc Gordon has joined StarPoint Properties as VP, and will take the helm of the company's debt and new equity practice group, GlobeSt.com reports exclusively. A 25-year veteran, Gordon joins the company from Investors Management Group, where he served as SVP. He will be based in the firm's Beverly Hills office.

“Although they are an established real estate company, StarPoint Properties is continuously looking to re-invent themselves and be at the forefront of where the industry is today,” Gordon tells GlobeSt.com. “I enjoy being continuously challenged and the position that I have taken at StarPoint is a newly created one, which allows me to explore new avenues particularly in the area of real estate finance, as well as utilize and test my existing skill set to the maximum in setting up my division. By heading up the capital markets division and being a member of the investment committee, I am in a position to make an impact as to how we do business going forward. StarPoint is a company that encourages collaboration in making its various business strategies and I am grateful to be part of the team.” 

In his storied career, Gordon has been responsible for the acquisition, financing and management of more than $750 million. He has had a special focus on the retail and multifamily sectors and has worked to close deals in markets throughout the country. Gordon plans to leverage this experience to make an impact at StarPoint Properties. “I would like to be able to look back in a few years' time and feel like I made a positive contribution to the company,” he says. “As head of capital markets, my primary goal is to ensure that we are always sufficiently capitalized with multiple financing options available to us. Such options include expanding upon StarPoint's current relationships as well as bringing new and creative avenues of real estate finance to our company. Regarding my responsibilities under business development, we have some exciting new projects in these areas and my goal here is to grow these opportunities into successful divisions within our company.” 

StarPoint Properties has a conservative approach to investing, and Gordon assures that investment strategy will not change; however, he does plan to broaden the company's reach. “I think the biggest change that we can expect to see at StarPoint resulting from my joining them will be exploring new markets on a national level as well as expanding upon our investor base to include more institutional type investors, as well as incorporating state-of-the-art funding techniques,” he says. “As mentioned, we have some exciting new areas and projects that we, and me in particular, will be concentrating on but can't divulge too many details on these at this time.”

StarPoint Properties recently purchased the Lafayette Parc Apartments, securing a $42 million loan for the acquisition that was funded through Freddie Mac's CME program. The loan had a rate locked in six months before the purchase closed to ensure the best possible rate for the financing.