September 2009

Marcus Move

BOSTON—As Hub-based real estate investment firm Marcus Partners continues to gear up for a national buying spree, founder and namesake Paul Marcus has brought on another seasoned professional, hiring David Keiran as a principal and chief financial officer to oversee the company’s financial activities and manage investor relations. Most recently at the New Boston Fund, where he was an SVP and director of investor relations, Keiran has more than 25 years experience in accounting, client service, finance, portfolio management and taxation matters.

“David’s institutional real estate experience and relationships will complement our management and investment strategy and enhance our ability to provide the highest level of reporting and client service,” Paul Marcus says in a release welcoming Keiran to the firm, which recently raised $210 million of new capital in anticipation of what he terms “a wave of opportunistic properties” that will emerge in the coming years.

Keiran concurs with the notion that deteriorating industry fundamentals “should translate into attractive asset pricing,” and says he looks forward to the new position. Prior to NBF, Keiran was a partner at TA Associates Realty, where his responsibilities included marketing and asset management of commercial and multifamily assets. Other knowledge was gleaned earlier in his career at PriceWaterhouse where he specialized in banking, investments and real estate.

 

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