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BMO Hire Reflects Hot Dealmaking in Real Estate

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Photographer: John Zich/Bloomberg

BMO Capital Markets Corp. has hired Eric Dobi as a managing director in its North America real estate investment banking group as REITs raise big sums, partly to fuel dealmaking.

Dobi, who relocated to Chicago for the role, will cover real estate investment trusts, with clients such as data center owner Digital Realty Trust Inc., a BMO spokeswoman said in a phone interview. He was previously a managing director at both UBS Group AG and Deutsche Bank AG. At BMO, he’ll report to Ashi Mathur, the firm’s deputy head of investment banking.