Forbes, Mark - REIAC: Real Estate Investment Advisory Council

MARK FORBES
Executive Vice President
City National Bank

Mark J. Forbes is executive vice president and manager of the Real Estate Division of City National Bank. He also serves on the bank’s Executive Committee.

Mr. Forbes is responsible for providing a wide range of financial services to real estate developers andinvestors in markets in which the bank operates. He assumed his current position in 2007.

He joined City National in 1992 as vice president and asset manager in its former Real Estate Special Assets Department and, the following year, was named team leader in the Real Estate Division. He was promoted to senior vice president in 1997 and appointed assistant division manager in November 2004.

Earlier in his career, Mr. Forbes served as a commercial banker with First Interstate Bank and a vice president in Wells Fargo Bank’s real estate division in Beverly Hills. He also spent seven years with two private real-estate development companies. He began his career in 1980 in Union Bank’s management training program.

He is a member of the executive committee of the Lusk Center for Real Estate Development at the University of Southern California Marshall School of Business, and an executive committee member and former president of the City of Hope’s Los Angeles Real Estate Council. Mr. Forbes also is a former vice-chair of Habitat for Humanity, Los Angeles chapter.

His other industry affiliations include the Building Industry Association of Southern California, International Council of Shopping Centers, National Association of Industrial and Office Properties, Risk Management Association and the Urban Land Institute.

A resident of La Crescenta, Calif., Mr. Forbes earned a bachelor’s degree in business administration from the University of Denver in Denver, Colo.

STEVE REINSTEIN, CEO
Long Beach Judicial Partners

Stephen Reinstein is CEO of Long Beach Judicial Partners LLC, Meridiam Infrastructure’s project company, which has a signed a long-term contract with the State of California’s Judicial Council to finance, design, build and operate and maintain a new 545,000 SF courthouse in Downtown Long Beach, California. This project represents the first availability-pay, social Public Private Partnership to reachfinancial completion in the United States. With a total capital value of $495 Million, this development program includes 31 courtrooms, holding cells and administrative space for the Superior Court, 100,000 square feet of office space for five Los Angeles County justice agencies and 5,000 SF of retail space, as well as a 1,000 space parking structure renovation. Construction of this unique fast track, design-build project commenced in Spring 2011, with occupancy scheduled for Fall 2013.

With over 30 years of commercial real estate industry experience, Mr. Reinstein has played instrumental roles in financing or implementing many innovative development projects throughout the U.S. for Metropolitan Life, Homart Development, the Howard Hughes Corporation, Regent Properties and ICO Development. Mr. Reinstein’s background includes full cycle development of approximately Three Million SF of “from the ground up” and “value add” projects at a cost of over $400 Million, as well as extensive acquisition, investment, entitlement and public private partnership experience.

Mr. Reinstein holds a BA from Duke University, a Master of City Planning from Harvard University’s Graduate School of Design, and an MBA from Northwestern University’s Kellogg School. He is a founding Board Member and former Chair of the Los Angeles County Museum of Art’s Photographic Arts Council.

[email protected]
www.lb-jp.com