Deutsche Bank’s Real Estate Finance Head Nacos Said to Depart
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John Nacos, the global head of commercial real estate at Deutsche Bank AG, has left the lender, according to people with knowledge of the matter.
Nacos helped Deutsche Bank AG partner with UBS AG to arrange $2.2 billion of bonds tied to commercial mortgages last month in the largest deal of its type since 2007. He joined the Frankfurt-based bank in 2001 and was previously head of its commercial real-estate group in Europe. Jonathan Pollack, who’s been with the bank for 12 years, will be assuming responsibility for commercial real estate in the Americas, said the people, who declined to be identified as the moves haven’t been made public.