MBK In the News


Edward Stokx Appointed Chief Financial Officer and Chief Administrative Officer of MBK Real Estate Companies


IRVINE, Calif.--(BUSINESS WIRE)--MBK Real Estate LLC (MRE) is pleased to announce the appointment of Edward Stokx as Chief Financial Officer and Chief Administrative Officer of MBK Real Estate Companies. Mr. Stokx brings over two decades of experience serving as the Chief Financial Officer for two public real estate companies. In addition to having a strong background in real estate and accounting, Mr. Stokx is experienced in corporate strategy, M&A, and capital markets.

In his role as Chief Financial Officer and Chief Administrative Officer, Mr. Stokx will direct and oversee all financial and corporate operational activities of the company, including enhancing the infrastructure and platform in the finance, technology, and operations departments. Additionally, Mr. Stokx will assist in creating the company's long-term business plan and strategy, including developing new business.

"Ed is poised, sound, and collaborative and I believe he is a good fit for our culture and for the continued growth of the company," said Katsuo Yamanaka, Chairman of MBK Real Estate. "I'm confident that the addition of Ed to our executive team will enhance our culture and the principles on which MBK Real Estate was founded."

Mr. Stokx began his career in public accounting with Deloitte, serving both public and private real estate clients. After which he transitioned to Center Trust as Controller, a publicly traded REIT that owned and managed retail shopping centers. At Center Trust, Mr. Stokx was subsequently promoted to CFO. During his tenure, Mr. Stokx played an integral role in the company's 2003 merger with Pan Pacific Retail Properties, Inc. In his most recent role, Mr. Stokx was CFO of PS Business Parks, a publicly listed REIT that owns and manages industrial and office parks throughout the U.S. When he started, the company had a portfolio of about 13 million square feet and over his tenure; it grew to its present 28 million square feet.

Mr. Stokx holds a Bachelor's Degree in Accounting from Loyola Marymount University, Los Angeles and is a Certified Public Accountant.

"I am excited for the opportunity to work with such a well-respected and established company at this time of continued development and expansion," said Stokx. "I look forward to identifying opportunities to build new business relationships and continue MBK Real Estate's culture of mutual trust and respect and passion for excellence."

About MBK Real Estate LLC
MBK Real Estate LLC, the U.S. real estate development arm of Mitsui & Co., Ltd., is an industry leader in real estate development. Through its three subsidiaries, MBK Homes, MBK Rental Living and MBK Senior Living, MBK Real Estate is renowned for building award-winning new home communities and apartments, and for its reputation in providing exceptional, high-standard service throughout its senior living communities, regarded for enriching lifestyles. The company has been named one the "Best Places to Work in Orange County" by the Orange County Business Journal. For more information, visit www.mbk.com.

Contacts For MBK Real Estate LLC Katy Biggerstaff 562.761.6338 kbiggerstaff@newgroundco.com

[ Posted November, 1st 2017 ]




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