Berkshire Group, the Boston-based real estate investment firm, has hired Jonathan Pfeil as a vice president in acquisitions. In this role, which is a new position, he is responsible for Berkshire’s debt strategies platform, as well as some equity transactions in the New York Tri-State area.
Pfeil is based in Berkshire’s New York office and reports to Eric Draeger, senior vice president and head of equity and debt transactions. Prior to joining Berkshire, Pfeil was a principal of Ranieri Real Estate Partners where he led the acquisition and disposition of Berkeley Point Capital, a multifamily mortgage finance platform. Before that, he was a v.p. in Deutsche Bank AG’s Commercial Real Estate Group and has also worked for Berkshire Mortgage Finance, a prior affiliate of Berkshire Group.
“Jon is an experienced real estate executive with a deep knowledge of debt markets, and an extensive network of contacts that we believe will serve our clients well,” Draeger said in a statement. “Berkshire continues to expand its deployment of capital, and having Jon join our team both broadens our reach in terms of acquisitions, and strengthens our capacity for higher quality transactions. Furthermore, we believe his expertise in underwriting debt instruments complements and enhances our existing real estate equity and debt capabilities,” he added.
Berkshire specializes in multifamily real estate and deals in acquisitions, asset and property management, debt, development and redevelopment. The firm is a registered investment advisor with about $5.5 billion in assets under management. In addition to Boston and New York, the firm has offices in Atlanta, Baltimore, Dallas and San Francisco.