Poor Management - Anonymous employee MBK Real Estate Employee Review

I worked at MBK and they had great salary, benefits and wonderful coffee and snacks and I enjoyed it there

Not many. It is a good growing company

Professional staff, good benefits, friendly office, and well-capitalized; however, the industrial group lacks communication and focus, and is not profitable. Apparently, they did not review the construction data, new deliveries, and vacancy projections, or perhaps they just ignored these issues and hoped for the best.

The Senior Living and Apartment divisions are solid, but the industrial side is over-built and not profitable, which was not disclosed when I was hired. I would have selected other opportunities if I had known how bad the portfolio performance actually was. How their capital structure, primarily as LP in most cases, adds to the problem of achieving acceptable returns. It will be challenging for quite some time.