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KBS Direct Appoints Vice President of Investor Relations

KBSDirect.com, an online investment portal sponsored by KBS, has appointed Mark Saukkola as vice president of investor relations.

KBS Direct, an online investment portal sponsored by KBS, has appointed Mark Saukkola as vice president of investor relations.

In his new role, Saukkola will contribute to KBS’s effort to create direct distribution channels for investors with access to institutional quality real estate via KBS REITs and funds. He will report directly to KBS CEO Charles Schreiber.

Saukkola joins KBS Direct after serving nine years at KBS Capital Markets Group, where he built his career creating distribution channels and relationships with advisors and platforms.

“Mark’s knowledge of KBS’ investment strategies, performance and history will be integral to the growth and success of KBS Direct, as we provide a direct access channel for investors and registered investment advisors to participate in commercial real estate investment opportunities,” said Schreiber. “His responsibilities will include helping to build out our direct-investment platform and helping to educate investors and registered investment advisors on our vision and strategy of providing no-load direct investment opportunities with no commissions charged to investors.”

KBSDirect.com’s first direct share offering is KBS Growth & Income REIT, a $1 billion offering conducted under Rule 506(c) of Regulation D.

KBS-affiliated companies have $11.5 billion in assets under management and historical transactional volume of $38 billion. The company’s assets are spread across several REITs, and separate managed accounts for state pension funds and sovereign wealth funds.

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