Kingbird Properties names leader

Kenneth Munkacy was recently appointed to lead Kingbird Properties, a new wholly owned subsidiary of Grupo Ferré Rangel, a Puerto Rico-based family office.

Kingbird Properties is a real estate investment firm seeking risk-adjusted opportunities in secondary and tertiary U.S. markets, with a particular focus on the Midwest.

Munkacy has worked on real estate investments and managed real estate operating platforms and projects in 15 states and 16 countries. He joins Kingbird Properties after 10 years with GID Investment Advisors, where he was a member of its executive committee and was responsible for its international real estate strategy, investments, joint ventures and portfolio companies. Munkacy previously held senior executive positions with Chicago-based Golub & Company, GE Capital, Starwood Capital, and TrizecHahn.

Munkacy serves as vice chairman of the Global Exchange Council with the Urban Land Institute and is a member of Pension Real Estate Association. Munkacy has lectured on real estate investing at Harvard, Wharton, Stanford, Northwestern, the University of Texas at Austin, and the Urban Land Institute. He received a Masters of City Planning degree from the University of Pennsylvania in 1981 and a B.A. degree in Economics-Government from Franklin and Marshall College in 1976.