Veteran banker Kevin D. Miliffe has joined Sabadell United Bank as Assistant Vice President, Commercial Real Estate. He will be based at the Sabadell Financial Center in Miami and will be responsible for commercial real estate banking throughout Florida. Mr. Miliffe's focus will be on establishing relationships with developers and real estate investors and developing solutions that meet their financial needs and objectives.
"We are excited to announce that Kevin Miliffe has joined the Sabadell team," said Steve Cohen, Senior Vice President of Commercial Real Estate at Sabadell United Bank. "He has built great relationships with premier clients in this market by providing responsive service. His detailed knowledge of real estate markets throughout Florida will enhance Sabadell's ability to understand our clients' business and allow us to serve their needs."
Mr. Miliffe joins the Sabadell group from the Aztec Group, Inc. where he was a Director and was responsible for principal equity investments, capital markets and structured debt financing. He was involved in several high-profile equity investments and brokerage assignments. He started his career in Wachovia Bank's Real Estate Capital Markets group in Fort Lauderdale, where he was responsible for the origination, analysis, and closing of real estate financing and equity transactions exceeding $2.5 billion throughout the United States. Following Wachovia, Mr. Miliffe joined Ironshore Capital, LLC, a private equity real estate investment firm funded by a Boston hedge fund where he co-developed a proprietary underwriting and research platform for distressed real estate investments.
Mr. Miliffe holds an M.B.A. degree in finance and real estate and a M.S. degree in management from the Warrington College of Business at the University of Florida. He has taken an active role in the community and has been a member of various real estate trade associations, including the International Council of Shopping Centers (ICSC) and NAIOP.
About Sabadell
Banco Sabadell, a global Spanish banking institution founded in 1881, has operated in Florida since 1993. Sabadell currently has a nationally-chartered bank and an international branch headquartered in Miami. Sabadell United Bank, a subsidiary of Sabadell, and Banco Sabadell, Miami Branch, provide a diversified array of financial products and services to professionals, commercial clients, international clients, affluent and high-net-worth individuals. At Dec. 31, 2011, Sabadell had combined deposits and off-balance sheet wealth management assets of $6.7 billion in Florida. Sabadell United Bank ranked seventh in total deposits for all Florida-based banks as of Dec. 31, with 24 offices in Miami-Dade, Broward and Palm Beach counties, and in Tampa Bay, Naples and Sarasota.
Contacts:
MEDIA CONTACT
Wragg & Casas Public Relations
Mark Sell, 305-372-1234
msell@wraggcasas.com
