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Duo Will Spearhead CBRE’s New Loan Underwriting Platform
Albert Picallo and Masato Inagaki will join CBRE Loan Services in New York to spearhead its newly-formed third-party commercial loan underwriting and advisory platform. Picallo joins CBRE as managing director and head of underwriting; Inagaki is joining as director, underwriting.
The duo founded Focal Point Capital Advisors in 2011 to provide commercial real estate loan underwriting services to institutional capital providers and owner/operators. Through their platform, Picallo and Inagaki have underwritten more than $10 billion in mortgage loans, mezzanine loans and equity transactions, and completed transactions representing $15 billion in property value over the past nine years.
“Albert and Masato have worked with some of the most recognizable names in commercial real estate finance, and have closed every type of transaction in every major market with private equity real estate funds, global investment banks, and hedge funds,” said Chris Shamaly, senior managing director, CBRE Loan Services.
Pictured: CBRE’s Midtown offices
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