NEW YORK--(BUSINESS WIRE)--Sep. 24, 2009--
Capital One Bank today announced the appointment of William McCahill as
Executive Vice President and Lead Banker for its New York City
Commercial Real Estate team. McCahill will oversee business development,
new originations, and client relationships and will report to Rick Lyon,
Executive Vice President of Capital One Bank’s Commercial Real Estate
business, one of Capital One’s core business units.
A seasoned and respected banker for nearly four decades, McCahill has
been the driving force behind many of the most successful real estate
banking practices in the New York area. Joining Capital One from Apollo
Real Estate Advisors where he was responsible for debt and equity
investments in transitional properties, McCahill also served as
Executive Vice President and Senior Lending Officer for Bank of America
where he was responsible for both a $12 billion real estate loan
portfolio and for guiding Bank of America's real estate marketing
strategy in New York City and Long Island.
"Bill represents the very best of real estate banking in New York and
will bring an entirely new dimension to our business,” said Lyon. “His
strategic view of the market combined with decades of experience and the
relationships he has forged over the course of his career make Bill
second to none. He will be a tremendous resource for our commercial real
estate clients and we are proud to have him join the Commercial Real
Estate team.”
“Capital One Bank’s commitment to the Commercial Real Estate business
and customer focused philosophy sets it apart in this market and I am
very pleased to be a part of it,” said McCahill.
Over the course of his 40 years in commercial real estate, McCahill
distinguished himself at every level. In his early career at Chase, he
grew through the ranks to lead their commercial real estate business
through the 1970s and 1980s and serving as the New York Regional
Executive and was responsible for a multi-billion dollar real estate
portfolio. Following on his success at Chase, McCahill built Fleet Bank
into the region’s premier real estate lender, successfully transitioning
the business through the merger with Bank of America. At Bank of America
McCahill was an Executive Vice President and Senior Lending Officer
responsible for the bank’s multi-billion dollar real estate loan
portfolios in New York City and Long Island.
McCahill is a Director of the NY Archdiocesan Real Estate Committee, a
member of the International Council of Shopping Centers, a former Vice
Chairman of the New York City Housing Partnership, and a former Governor
of the Real Estate Board of New York. Additionally, he has been a
frequent guest lecturer at the Real Estate Graduate School and the
Wagner School of Public Policy of New York University. McCahill holds an
MBA from Fordham University and a bachelor’s degree in marketing from
the University of Notre Dame.
About Capital One
Capital One Financial Corporation (www.capitalone.com)
is a financial holding company whose subsidiaries, which include Capital
One, N.A. and Capital One Bank (USA), N. A., had $116.7 billion in
deposits and $146.3 billion in managed loans outstanding as of June 30,
2009. Headquartered in McLean, Virginia, Capital One offers a broad
spectrum of financial products and services to consumers, small
businesses and commercial clients. Capital One, N.A. has approximately
1,000 branch locations primarily in New York, New Jersey, Texas,
Louisiana, Maryland, Virginia, and the District of Columbia. A Fortune
500 company, Capital One trades on the New York Stock Exchange under the
symbol "COF" and is included in the S&P 100 index.
Capital One Bank is a registered trade name of Capital One, N.A.
Source: Capital One Financial Corporation
Capital One Financial Corporation
Stephen Schooff, 972-295-1676
stephen.schooff@capitalone.com
