Erik Binkowski has joined the Lee & Associates, Washington D.C. Capital Markets Group as Principal, Debt and Structured Finance. Formerly Senior Vice President, Colliers International, Binkowski brings more than 22 years of diversified real estate and financing experience to the full-service brokerage and management firm with an international presence.
In his new role, Binkowski will focus on the emerging needs of sponsors and investors for debt and equity financing for projects in all real estate classes situated around the country. This includes forming and strengthening relationships with development companies, institutional owners, private investors and real estate brokerage professionals. Binkowski will work in tandem with Josh Simon, President of Lee & Associates, Washington, D.C., as well as Pierson Kruetzer, Principal, who have been leading the Investment Sales activities of the D.C. office.
“Joining the Lee & Associates platform provides me with a career-defining opportunity to leverage my real estate and financial knowledge and extensive business relationships with the resources of an international brokerage platform and a growing team,” Binkowski said. “Lee & Associates offers a collaborative and empowering work environment, and the firm’s commitment to expanding the Debt and Structured Equity Group on a national scale aligns with my objectives.
“A tremendous volume of equity is currently sitting on the sidelines as buyers and sellers are closely tracking the direction of interest and capitalization rates. We predict that inflation will begin to subside in the near future and that a more normalized investment sales pace will commence in second quarter 2023, followed by frenzied activity for the balance of the year. Owners and investors are eager to get back together again, resume trading and take advantage of pent-up demand,” Binkowski added.
Throughout his career, Binkowski has worked in senior roles at CBRE, JLL, Marcus & Millichap and Studley, with a specialization in executing structured transactions for the commercial office, industrial/warehouse, multifamily, retail, hotel and self-storage categories. He has worked on financings in all aspects of the debt cycle, from construction loans to bridge loans and permanent financings.
“Erik is an extremely talented and highly-regarded real estate professional, and attracting him to Lee & Associates is a tremendous win for us, particularly at this critical juncture where capitalization has become increasingly challenging,” stated Josh Simon. “He will hit the ground running and, within a short period of time, will deliver significant opportunities with investors regionally and nationally. The projects that our team is currently working on will directly complement Erik’s objectives and strengths. With this key hire, we intend to expand our investments division, with a multifamily group and triple net team most likely being the next legs of the stool.”
The Lee & Associates D.C. office is now comprised of 10 commercial real estate professionals who oversee multiple service lines, including office tenant representation, retail leasing, investment and development sales, and capital markets.
Binkowski earned an Applied Baccalaureate degree in Economics from Harvard University, where he played on the Varsity Baseball team for four years, including serving as captain during his senior campaign. The Harvard-9 won three Ivy League Championships during his tenure.
Lee & Associates is a commercial real estate brokerage, management and appraisal services firm. Established in 1979, Lee & Associates has grown its service platform to include offices in the United States and Canada. Lee & Associates provides superior market intelligence in office, industrial, retail, investment and appraisal to meet the specialized needs of our clients. Visit https://www.lee-associates.com/offices/office/?id=6835