FTI Consulting, Inc. announces the appointment of Kenneth R. Bernice and Robert Raymond as Managing Directors in the firm’s Real Estate Solutions industry practice within the Corporate Finance & Restructuring segment.
Mr. Bernice rejoins FTI Consulting as a member of the Tax Advisory group within the Real Estate Solutions industry practice, specializing in tax structuring, inbound and outbound real estate investments, tax due diligence, and compliance matters for public and private real estate investment trusts (“REITs”), real estate funds and real estate companies. With more than 20 years of experience in real estate tax, Mr. Bernice has broad expertise in many real estate segments, including hospitality, healthcare, industrial, office and multifamily REITs, and funds.
Mr. Raymond joins the Real Estate Solutions industry practice to focus on corporate real estate strategy. With 20 years of experience, Mr. Raymond helps companies better leverage and optimize their corporate footprint. Specifically, he focuses on corporate real estate portfolio strategy, real estate operating models, facilities management, workplace strategy, financial planning and analysis, process design and benchmarking.
“We are excited to welcome Ken and Rob into our Real Estate industry practice,” said Ingrid R. Noone, a Senior Managing Director in the Real Estate Solutions practice at FTI Consulting. “Ken’s deep real estate industry tax expertise will be a valuable addition to our Tax Advisory group, and Rob brings an extensive background working with corporate real estate strategy to the team. We look forward to their contributions.”
Mr. Bernice also has extensive experience advising mortgage REITs on structured debt investments, debt workouts, securitizations and excess inclusion income. He joins FTI Consulting from NorthStar Realty Finance, where he was the Senior Vice President of Tax and led its tax department. He assisted in the structuring of NorthStar Realty Finance’s spin-off of NorthStar Asset Management Group, as well as the acquisition of over $25 billion in equity and debt transactions during his tenure with the company.
Mr. Raymond has successfully led and delivered corporate real estate and facilities consulting services for Fortune 500 organizations. He has assisted global real estate organizations and other corporate entities with the development and implementation of their portfolio and workplace strategies, optimization of real estate assets, as well as location strategy and site selection for global headquarters and shared service centers. He has advised global entities throughout Europe, Asia and South America, many of which occupy several millions of square feet of space, as they navigate rapid growth or merger & acquisition environments. He previously worked at Newmark Knight Frank as a Senior Managing Director, Central Region Lead.