B6 Real Estate Advisors (B6), an investment sales and capital advisory brokerage firm led by industry veteran Paul J. Massey Jr., announced the appointment of Joseph Tufariello as President of its Capital Advisory Division. Tufariello, who has closed and originated over $10 billion worth of commercial loans in his career, will lead the growth and development of the division.
“Joe is a true professional; someone who has been a top-producer, highly respected industry expert and has achieved a tremendous amount of success in the real estate industry – having him on board provides us with a great advantage in this competitive sector,” said Massey, CEO of B6. “The natural synergy between our investment sales team and our capital advisory division will allow clients to take advantage of two best-in-class platforms. We are confident that with Joe at the helm, our capital advisory division will lead the industry in debt transactions in short order.”
A prolific capital markets professional, Tufariello possesses over 30 years of experience in debt structuring, loan origination and loan purchasing and has worked with a notable roster of institutional clients, major brokerages and middle market clients. Most recently, he served as Managing Director in Real Estate Capital Markets at Wells Fargo and has also held senior positions at Ackman-Ziff Real Estate Group, Morgan Stanley, J.P. Morgan and Nomura Securities. Some key highlights of Tufariello’s career include being a top producer at all of the former lending institutions. At Wells Fargo loan sizes ranged from $5 million to $400 million.
“I was attracted to both the successful track record and the entrepreneurial spirit of Paul Massey and the B6 team,” said Tufariello. “The forward-thinking culture and advanced technology platform at B6 provide an environment that allows the firm to effectively service its clients. I look forward to having a significant impact on the Capital Advisory Division and to help enhance our reach working strategically with clients in the New York metropolitan area.”
As President of B6’s Capital Advisory Division, Tufariello’s responsibilities will include recruitment and training, business development, product management and financial management. He will work closely with Senior Management to develop and execute plans relating to the strategic initiatives of the firm and its Capital Advisory Division. He will also provide coaching and mentorship to the growing capital markets team.
Tufariello holds a bachelor’s degree in business administration from Villanova University and an MBA in finance from New York University.