Neil D. Freeman, Chairman and CEO of Chicago-based Aries Capital, announced that Jeffrey G. Bucaro has been promoted from Senior Vice President to Executive Vice President.
Bucaro will continue leading the firm’s debt placement business for permanent, bridge, and mezzanine debt transactions. He is also responsible for originating, underwriting, and financing commercial real estate assets as well as for establishing correspondent relationships with a wide range of capital sources, including investment banks, hedge funds, life companies, commercial banks, and private money funds. He has evaluated over $4 billion in financing opportunities across all property types including land, hotels, apartment buildings, retail centers, and office and industrial properties, and has successfully closed individual transactions ranging from $5 million to over $100 million.
“Since Jeff joined Aries in 2007, he has continued to demonstrate his ability to develop valuable correspondent and client relationships as well as drive the success of this firm,” said Freeman. “He has originated and closed numerous loan transactions and continues to lead the business development efforts of our team. He is a strong leader and a team player, very much respected by his colleagues and clients alike. “
Bucaro draws from more than 25 years of financial services expertise with a broad array of experience including product development and management, capital raising, fee income generation, and commercial real estate finance within world-class organizations, including the former First National Bank of Chicago (now JP Morgan Chase) and ABN-AMRO North America (now Bank of America). He has experience structuring transactions at all levels of the capital stack, including senior mortgages, A/B structures, mezzanine debt, joint-venture equity, and fund-level equity investments.
