Berko & Associates Press Release on NYREJ

1. REPRINTED FROM
Tuesday, March 13, 2012 NEW YORK
Berko names Korine as a managing director
According to Berko & Associates, Michael Korine, a former senior corporate and
investment banker at RBC Financial Group and real estate entrepreneur, has been named
managing director, finance & capital markets. Korine will head Berko & Associates'
commercial real estate finance division and will focus on expanding the firm's capital
markets activities to include advisory services, private equity, senior and mezzanine debt,
structured finance and joint venture capital.
Korine comes to Berko & Associates with a unique perspective on the commercial real
estate industry. Subsequent to his 12 years as a senior corporate and investment banker at
RBC Financial Group in New York, he founded Korine Venture Group, Ltd.
During his banking career, Korine structured, facilitated and acquired more than $7
billion in a variety of debt and equity transactions. At RBC Dominion Securities Corp., he
co-founded a private placement group that structured and placed $500 million of debt for
medium sized Canadian companies in the U.S. market. At Royal Bank, he acquired and
managed $5 billion of senior loans to the US aerospace and defense industry, syndicated
$500 million in specialized loans as part of the loan syndications group, acquired and
managed an $850 million portfolio of highly leveraged loans and managed the Bank's
investment in a portfolio of private equity funds.
At Berko & Associates, Korine will be responsible for directing the expansion of the
firm's capital markets and advisory services. "Michael brings a powerful relationship
building culture to our existing client and banking relationships and will bring his
experience into play for structuring, underwriting and syndicating multifaceted financing
solutions," said Joe Berko, founder and president of Berko & Associates.
Berko & Associates is a multi-disciplined commercial real estate firm that specializes
in investment sales, structured financing, and full service real estate advisory primarily in
Michael Korine, Berko & Associates N.Y.C. and other strategic markets across the country. The firm's team of professionals
focuses primarily on value added properties with strong growth potential. The company's exceptional knowledge of local market trends and
their complexities creates a competitive edge in discovering deals rarely available to most investors.
The firm's capital markets team distinguishes itself by focusing on its advisory role, acting as an effective liaison in securing optimal
financing solutions, including senior and mezzanine debt, equity participation, promotable equity, and joint ventures.
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