NEWPORT BEACH, Calif.--(BUSINESS WIRE)--KBS Realty Advisors and KBS Capital Advisors announce the promotion of Ryan McManigal as KBS VP/market leader for Dallas. As a market leader, McManigal’s duties will include managing a portfolio totaling more than 3.7 million square feet as well as identifying new acquisition opportunities within the greater Dallas market. Additionally, McManigal will be responsible for dispositions in the Dallas region.
McManigal moves to his new role having previously served at KBS Realty Advisors as an investment analyst where he helped maximize the value of Western and Central U.S. assets totaling more than 10 million square feet. Prior to KBS, McManigal was an associate at PricewaterhouseCoopers in Irvine, Calif., where he created and assisted with valuations for office, industrial and multifamily properties.
“We are pleased to have Ryan McManigal on board to help oversee our largest concentration of assets in one region,” said KBS CEO Charles J. Schreiber. “As KBS’ Dallas-Fort Worth metroplex portfolio grows, we see great value in having market leaders such as Ryan helping to lead the way with solid knowledge of the local market.”
“The role of KBS market leaders has evolved into being much more than the role of a traditional asset manager. For that reason, Ryan McManigal makes a great fit,” said Ken Robertson, KBS Central Region president. “Ryan will help source out new acquisition and disposition opportunities in the Dallas region, and will do so with a real boots-on-the-ground approach.”
McManigal is a graduate of The University of Southern California’s Marshall School of Business, where he received a business administration degree with a concentration in real estate finance and investments.
KBS Realty Advisors is a private equity real estate company and SEC-registered investment advisor founded in 1992. KBS Realty Advisors and its affiliated companies have completed transactional activity of more than $27 billion via 14 separate accounts, six commingled funds, five sovereign wealth funds and five non-traded REITs. For information, visit www.kbsrealty.com.