VOGEL FORMS NEW FIRM

  • January 31, 2013

NOTED INVESTMENT BANKER MARK VOGEL FORMS COMMERCIAL REAL ESTATE FINANCE FIRM, RIVERCORE CAPITAL 

Cleveland firm offers extensive industry experience, highly personalized service

   

Cleveland – January 29th, 2013Investment banking veteran Mark Vogel today announced the formation of RiverCore Capital, a commercial real estate financing firm based in downtown Cleveland.   The new firm offers a full spectrum of services in commercial real estate capital solutions ranging from senior debt placements to equity capital raises.

RiverCore Capital will provide an array of financial services to borrowers through its deep rooted lender network in commercial real estate including first mortgage/mezzanine debt financing and equity placements, joint ventures, reorganizations, asset optimizations, workouts, leasebacks and loan sales.

Vogel has nearly 15 years of experience working on a variety of commercial projects in Northeast Ohio involving billions of dollars. He has a sophisticated understanding of capital markets and profound relationships in the financial real estate communities.  He has advised and worked with real estate developers, hedge fund managers, Wall Street CMBS banks, advisory firms, life insurance companies, commercial banks, pension funds and many other entities involved in commercial real estate.

“I’ve been lucky to work with some very smart people on some exceptional projects, and I’m grateful for the relationships I’ve developed,” Vogel said.  “I look forward to continuing those relationships in a new capacity at RiverCore.  The timing was right to form my own boutique firm that will offer a highly personalized experience and help our clients structure deals even in the most complex transactions.  RiverCore Capital will bring financial acumen, high energy and creativity to lenders and borrowers alike to help them achieve their strategic and financial objectives.”

Mark most recently spent 10 years at Pinnacle Financial Group, where he consummated dozens of transactions totaling more than $1.5 billion involving senior and mezzanine debt, joint venture, equity and leasebacks. His experience includes capital transactions and financing for Geis Companies, The Wolstein Family, Amsdell Companies, First Interstate Properties, and many other experienced borrowers.  He has played key roles in a number of high-profile, substantial projects in Cleveland including Cleveland Clinic’s acquisition of Marymount Hospital, Optima Ventures acquisition and refinancing of One Cleveland Center and the Penton Media Building and the refinancing of US Bank Centre.

Prior to that, Vogel was a financial consultant with Merrill Lynch where he developed and sold a $430 million account base of institutional and local high net worth retail clients.

Mark has earned his degree in Economics and History from The Ohio State University.

 

Contact Mark Vogel at RiverCore Capital, 216-621-9000 or mjv@rivercorecapital.com