Ventras Poised for Additional Growth With Expansion Into Commercial Real Estate Asset Management
Senior Executive From Capmark Financial Group, Inc. Joins Ventras Capital Advisors
| Source: Ventras
DENVER, CO--(Marketwire - October 15, 2009) - Ventras Capital Advisors, LLC (Ventras), the
real estate investment subsidiary of MBH Enterprises LLC (MBH), is pleased
to announce that Gregory J. McManus has joined as a Principal in the firm's
Philadelphia office.
Mr. McManus brings over 21 years of experience in commercial real estate to
Ventras, with an extensive background in capital markets, asset management,
and resolution of distressed assets. He previously served as Capmark's
Chief Financial Officer and was responsible for the successful
restructuring of the firm's Affordable Housing Equity Group. During his
tenure at Capmark, Mr. McManus served as a member of Capmark's Executive
Committee, President of Capmark Securities Inc., and Chairman of Capmark
Bank.
Denver-based MBH, a diversified holding company focused on acquiring
controlling interests in mid-size companies in the financial services and
infrastructure services industries, formed Ventras with co-founders and
former Capmark veterans Scott Roth, Patti Unti and Jimmy Parsley. This
summer, Ventras acquired the management contracts relating to $5.2 billion
of real estate assets from Capmark Investments. Mr. Roth and Ms. Unti, who
currently manage the portfolio, bring extensive investment management
experience, while Mr. Parsley brings more than 15 years of capital markets
experience to Ventras.
"With Greg on board, Ventras is poised to aggressively expand into the
commercial real estate asset management arena," said Mr. Roth. "This is an
ideal time for us to be integrating and expanding our presence in the
marketplace."
About MBH Enterprises LLC
MBH Enterprises LLC is a diversified holding company that helps companies
become market leaders. Headquartered in Denver, CO, the firm acquires
controlling interests in service sector businesses that have proven
management teams, operate in highly fragmented markets, are scalable and
have robust cash flows. MBH combines its company-building experience with
its partners' industry expertise to achieve growth and success. Today, MBH
has taken controlling interest in a portfolio of 12 companies that
represent 1,700 employees nationwide, and currently generate more than $300
million in revenue. For more information on MBH, visit www.mbhe.com.