NEWPORT BEACH, CA—FINRA 1502 and the proposed DOL Fiduciary Rule have contributed to an industrywide slowdown in capital raise, but KBS Capital Markets Group, continues to demonstrate liquidity and performance in its closed and open offerings, Mick Manning, president and CEO of KBS the firm, tells GlobeSt.com.
As we recently reported, KBS has hired David DiDonato as a regional VP, supporting Southern California for the group. DiDonato has extensive experience as both a financial advisor and a wholesaler, most recently as a wholesaler for W.P. Carey in the Southern California market. We spoke with him and Manning about DiDonato's new role and challenges in financing CRE transactions in Southern California.
GlobeSt.com: David, what are you looking forward to accomplishing in your new role with KBS?
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Carrie Rossenfeld
Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.
