Rye Councilman Ben Stacks has navigated to a new job. A new day job that is…
Don't forget the Rye government elected positions pay a grand total of… goose egg, zippo, no Benjamins, nada. So you better have a nest egg (not a goose egg), or a day job.
Stacks, who has been Market Manager/SVP at Capital One for Northeast commercial real estate for the last nine years, has now joined BankUnited as EVP for New York commercial real estate lending.
The news release, reprinted below, wrongly states Stacks is a "former" councilman. MyRye.com clarified the point with Stacks in an email.
(PHOTO: Rye Councilman Stacks has navigated to a new job.)
BankUnited Names New Executive Vice President for New York CRE
MIAMI LAKES, Fla.–(BUSINESS WIRE)–Sep 4, 2018–BankUnited (NYSE: BKU) today announced the hiring of Benjamin Stacks as executive vice president and manager of commercial real estate lending for the bank’s north region, which includes the New York metropolitan area.
A 25-year veteran of New York commercial real estate banking, Stacks joins BankUnited from Capital One Bank in New York, N.Y., where he served most recently as senior vice president. Stacks served nine years there, after holding various positions at HSBC Bank and M&T Bank.
“As one of the most respected CRE lending executives in New York City, Ben possesses a broad understanding of all aspects of the real estate and banking industries, making him a valuable addition to our executive team,” said BankUnited President and CEO Rajinder P. Singh. “Our bankers, many of whom have worked extensively with Ben in the past, are looking forward to having him lead BankUnited’s New York commercial real estate lending.”
Ben serves on a number of industry boards, including the Real Estate Lenders Association, Breaking Ground and the Young Mortgage Bankers Association. He is member of the Large Loan Lenders Roundtable and is a guest lecturer at the New York University School of Real Estate. He is a resident of Rye, N.Y., where he is a former city councilman.
Stacks earned his MBA from American University, Washington, D.C., and a bachelor’s degree from Syracuse University, Syracuse, N.Y.
Stacks will be based in the 50 th & 5 th Avenue Office, located at 623 5 th Avenue, New York, NY 10022. For information call 212-409-1265 or visit www.BankUnited.com.
About BankUnited, N.A.
BankUnited, N.A. is a national bank and wholly-owned subsidiary of BankUnited, Inc. (NYSE: BKU) and is headquartered in Miami Lakes, Florida. As of June 30, 2018, BankUnited N.A. has $31.3 billion in total assets, 87 branches in 15 Florida counties and five banking centers in the New York metropolitan area. One of the largest independent depository institutions headquartered in Florida by assets, BankUnited provides a wide range of commercial and consumer banking services. For additional information, call (877) 779-2265 or visit www.BankUnited.com. BankUnited can be found on Facebook at facebook.com/BankUnited.official and on Twitter @BankUnited.
