Kenneth Margala has been hired as director at Cantor Commercial Real Estate (CCRE) where he will focus on loan origination.
Margala was previously executive director at UBS Investment Bank where he focused on CMBS, bridge and mezzanine transactions.
Prior to this, he was a real estate consultant for several financial institutions at the Federal Deposit Insurance Corp. He has also served as a regional manager for the Merrill Lynch and Goldman Sachs conduit groups.
Margala will be based in the firm's Newport Beach location and will report to Anthony Orso, chief executive officer of CCRE. The move builds the firm’s expansion in California and other West Coast markets.
"We are pleased to have a professional of [Margala's] experience working with us. His strong record of success, breadth of industry relationships and deep knowledge of the West Coast market make him an ideal addition to our team as we look to further build our commercial mortgage lending and securitization business," Orso said. "[Margala's] appointment not only strengthens our capabilities but also demonstrates our commitment to providing our clients with unparalleled commercial real estate services in key markets."