Richard Mack is Chief Executive Officer and Chairman of Claros Mortgage Trust (Claros), a real estate investment trust focused primarily on originating senior and subordinate loans on transitional commercial real estate assets in major US markets. Claros was created as part of Mack Real Estate Group (MREG), which Richard co-founded in 2013 and has served as Chief Executive Officer, a Managing Partner and a member of the Investment Committee since its founding. He has been part of the commercial real estate industry for nearly 30 years and now leads a vertically integrated platform that includes a lender, developer and property manager of commercial real estate. His expertise is widely recognized across the industry, having been involved in the investment of billions of equity capital in debt and equity real estate transactions. Mr. Mack serves on the Wharton School of Business Undergraduate Advisory Board and currently teaches a course on Real Estate Disruption with Professor Gilles Duranton at Wharton. Mack earned a B.S. in Economics from the Wharton School of the University of Pennsylvania and a J.D. from the Columbia University School of Law.
LEADERS Interview with Richard Mack, Chief Executive Officer and Co-Founder, Mack Real Estate Group by David Schner
The future of commercial real estate (CRE) is the topic of much speculation by bank analysts and capital market investors these days—and for good reason.