BankUnited Announces New Commercial Lending Team in New York

  BankUnited Announces New Commercial Lending Team in New York

                  Veteran Banker Sam Giarrusso to Lead Team

Business Wire

MIAMI LAKES, Fla. -- February 12, 2013

BankUnited (NYSE: BKU) Chairman, President and CEO John Kanas has named
veteran New York commercial real estate finance executive Saverio “Sam”
Giarrusso to lead BankUnited’s New York City commercial real estate lending
department as it enters the New York market. Kanas also announced the hiring
of three key executives who will jumpstart BankUnited’s commercial real estate
lending business.

Sam Giarrusso (Photo: Business Wire)

Sam Giarrusso (Photo: Business Wire)

“Sam and his team will spearhead a concentrated effort to recapture
significant market share in New York. Combined with other New York team
members they will be a powerful, competitive force in the market,” said Kanas.

A former finance committee chairman of the Real Estate Board of New York,
Giarrusso has worked 27 years in the banking industry. He served as president
of the New York City/Long Island region of M&T Bank where he headed the
commercial real estate lending division, and was named as one of “The Power
100: The Most Powerful People in New York Real Estate” by The New York
Observer. Giarrusso has also served as a member of the Freddie Mac
Seller/Servicer Advisory Council. He earned his master’s and bachelor’s
degrees from Bowling Green State University in Ohio.

Along with Giarrusso, BankUnited’s commercial real estate lending team in New
York will include Scott Lublin, senior vice president; Jill Marie Ho Tai,
senior vice president; and Joseph Sforzo, vice president.

Lublin has 24 years of banking industry experience, having served with
Giarrusso for nearly 20 years. He earned a bachelor’s degree from SUNY Buffalo
and an MBA from Fordham.

Ho Tai has 20 years of banking industry experience, most recently as
administrative vice president for M&T Bank’s New York commercial real estate
department. She is a graduate of Harvard University and Fordham Law School.

Sforzo worked for M&T Bank’s New York City/Long Island commercial real estate
division before joining Largo Capital, a mortgage banking firm, as a managing
director. He graduated from the University of Scranton in Pennsylvania.

BankUnited, approaching nearly 100 branches in Florida, was recently ranked
10th in the Forbes 2012 list of Best Banks in America. Florida-based
BankUnited (NYSE: BKU) went public in January 2011 with the largest bank IPO
in U.S. history. BankUnited provides a wide range of commercial and consumer
banking services in 15 Florida counties and will be opening branches in New
York City and Long Island over the next few weeks.

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Contact:

For BankUnited
Maria Pierson, 954-776-1999, ext. 222
mpierson@piersongrant.com
or
Mary Harris, 305-817-8117
MHarris@BankUnited.com
 
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