M&T Realty Capital, wholly-owned subsidiary of M&T Bank appointed Michael Edelman, presently serving as President of the firm, as chief executive of the company on Tuesday, replacing Michael Berman, effective immediately.
Michael Edelman, the newly appointed CEO has been with the commercial real estate company for nearly eight years, holding various leadership roles. Prior to which, he worked as Senior Managing Director at Meridian Capital Group, with experience as a CRE finance executive with over two decades of mortgage banking experience.
Edelman, the new chief executive stated, “I am honored to lead this team as we expand access to capital markets and grow our strategic partnerships, M&T RCC has seen significant success under Michael Berman’s leadership, and I look forward to our continued work together and exploring new opportunities in the next phase of our business.”
Berman, the current CEO will transition to the role of Executive Advisor. He has been with M&T Realty Capital for nearly four years as Chief Executive. Prior to which, he served as a senior executive at M&T Bank, the parent firm.
The US-based firm said additional leadership appointments include, Mark Gould and Joe Pizzutelli who have been named as Co-Heads of M&T RCC National Production, and Kevin Collins who has been named M&T RCC Life Company Platform Manager.
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