KBSDirect.com, sponsored by KBS in Newport Beach, Calif., has appointed Mark Saukkola as vice president of investor relations, effective immediately. In this new role, Saukkola will contribute to KBS’s effort to create direct distribution channels for investors with access to institutional-quality real estate via KBS REITs and funds. Saukkola will report directly to Charles Schreiber, KBS chief executive officer.
Saukkola comes to KBS Direct after nine years of service to KBS, working in the KBS Capital Markets Group, where he built his career creating distribution channels and relationships with advisers and platforms.
“Mark’s knowledge of KBS’ investment strategies, performance and history will be integral to the growth and success of KBS Direct, as we provide a direct access channel for investors and registered investment advisers to participate in commercial real estate investment opportunities,” said Schreiber. “His responsibilities will include helping to build out our direct-investment platform and helping to educate investors and registered investment advisers on our vision and strategy of providing no-load direct investment opportunities with no commissions charged to investors.”
KBSDirect.com is an investment platform managed and operated by KBS where investors can access and invest directly in institutional-grade office properties without paying up-front fees or commissions.
“This is an exciting opportunity to embrace the future of real estate and draw upon my experience and tenure at KBS to enhance transparency and direct access to KBS real estate funds,” said Saukkola.