New York Life Real Estate Investors Appoints Paul Behar as Senior Director and Head of Business Development
NEW YORK, May 07, 2015—New York Life Real Estate Investors announced today the appointment of Paul Behar as Senior Director and Head of Business Development. Based in the firm’s New York City office, Mr. Behar will lead the team’s investor relations and distribution efforts which will include coordinating communications, marketing strategy, and relationship building efforts with New York Life Real Estate Investors’ existing and prospective investors and clients. Mr. Behar reports to Mark Talgo, Senior Managing Director, head of New York Life Real Estate Investors.
“We are very pleased to welcome Paul to our team,” said Mr. Talgo. “His extensive institutional real estate experience, on both the debt and equity sides of the business, will prove to be an important asset to us as we continue to grow the business and deepen our relationships with key partners and clients.”
Mr. Behar joins New York Life from Hunt Companies, where he was a senior vice president focused on capital formation and acquisitions. Prior to Hunt’s acquisition of the Tuckerman group from State Street Global Advisors, Mr. Behar was a senior vice president at Tuckerman focused on acquisitions and portfolio management. Mr. Behar brings over 12 years of institutional real estate experience to the business.
Mr. Behar earned a BA in Economics and English from Colgate University and an MBA from the Tuck School at Dartmouth College.
About New York Life Real Estate Investors
New York Life Real Estate Investors is a division of NYL Investors LLC, a wholly-owned subsidiary of New York Life Insurance Company. Please visit New York Life Real Estate Investors’ website at http://www.newyorklife.com/realestateinvestors for more information. New York Life Real Estate Investors is a full service, fully-integrated real estate enterprise with more than 100 professionals. The division has market-leading capabilities in origination, underwriting, and investment in real estate equity products and related debt, including real estate equity investments, commercial mortgage loans, commercial mortgage backed securities, and unsecured REIT bonds. With over $41 billion in assets under management as of December 31, 2014, New York Life Real Estate Investors is actively seeking to acquire additional properties throughout the U.S.
About New York Life
New York Life Insurance Company, a Fortune 100 company founded in 1845, is the largest mutual life insurance company in the United States* and one of the largest life insurers in the world. New York Life has the highest possible financial strength ratings currently awarded to any life insurer from all four of the major credit rating agencies: A.M. Best (A++), Fitch (AAA), Moody’s Investors Service (Aaa), Standard & Poor’s (AA+).**
Headquartered in New York City, New York Life’s family of companies offers life insurance, retirement income, investments and long-term care insurance. New York Life Investments*** provides institutional asset management. Other New York Life affiliates provide an array of securities products and services, as well as retail mutual funds. Please visit New York Life’s website at www.newyorklife.com for more information.
*Based on revenue as reported by “Fortune 500 ranked within Industries, Insurance: Life, Health (Mutual),” Fortune magazine, 6/16/14. For methodology, please see http://fortune.com/fortune500/.
**Individual independent rating agency commentary as of 3/26/15. ***New York Life Investments is a service mark used by New York Life Investment Management Holdings LLC and its subsidiary, New York Life Investment Management LLC.
New York Life Insurance Company