PORTLAND, Ore.--(BUSINESS WIRE)--NBP Capital, a vertically integrated commercial real estate investment platform, today announces the hiring of Mark Fitkin as its chief operating officer (COO). In this new position, and as a member of the senior leadership team at NBP Capital, Fitkin plays a key role in evolving and enhancing strategy and streamlining operational efficiencies that will lead to driving investment performance.
“At this inflection point, the business requires that we hire a COO in order to scale and reach our full growth potential,” says Lauren Noecker Robert, chief executive officer and co-founder “We take a nimble, yet disciplined approach to the business. And with our newly built-out leadership team, we are focusing on our current development projects.”
Fitkin joined NBP Capital in its new Portland office on November 1, 2019, as the company’s first COO. Over the last 30 years, his unique background in and exposure to all aspects of real estate, including executive oversight and coordination of the delivery of services for a global portfolio, will help move NBP Capital into its next phase of growth.
“NBP Capital is an opportunity for me to get back to an entrepreneurial company and culture,” says Mark Fitkin, chief operating officer. “I look forward to collaborating with the leadership team. We have the potential to really build something unique with our construction and development projects up and down the West Coast.”
Fitkin rounds out the executive leadership team following the hire of Lance Inouye, in June 2019, as Chief Financial Officer.
NBP Capital has been in the spotlight these past two years with the acquisition of the Multnomah County Courthouse and its dynamic mixed-use Waterfront Development project in Portland, Oregon. Both projects are great examples of the size and sophistication of the type of legacy project that NBP Capital aspires to. Another project in the company’s development portfolio includes 200 Mesnager, a mixed-use development located in the Cornfield Arroyo district of Chinatown in Los Angeles. Previously completed mixed-use, multi-family, commercial and hospitality builds are located throughout Portland and Seattle.
“We believe in thoughtful development driven by economic and social results,” adds Noecker Robert. “What makes NBP Capital unique is that as owner operators, we work under a philosophy and capital structure that positions for long-term ownership. This allows us to meet our investment goals while giving back to our local communities through reimaging and innovating how and where people live, work and play.”
ABOUT NBP CAPITAL
NBP Capital is a vertically integrated commercial real estate investment platform focused on the West Coast and committed to five core businesses: investment management, development, construction, hospitality and property management services. The company is owner operator; focused on developing assets that will be held indefinitely. The company was founded in 2008 as NFN Investments and rebranded as NBP Capital in 2018. Its portfolio now has a market value of more than $1 billion. Through its development and construction arm, NBP Capital positively contributes to the urban landscape, while controlling its development costs. As property managers and hospitality providers, NBP Capital creates community and delivers placemaking experiences.
The company is headquartered in Portland, with an office in Los Angeles. Further information is available at www.nbpcapital.com
