Mr. Prakken is a Senior Vice President in CBRE/New England Capital Markets' Boston office. During his 30-plus-year commercial real estate career, Mr. Prakken has completed more than $10.0 billion in financings and capital market transactions for various types of real estate properties.
Mr. Prakken joined CBRE Capital Markets in 1994. Currently, he is responsible for production in the New England market for all asset categories. In this capacity, Mr. Prakken services clients through loan originations, closings and loan servicing. Mr. Prakken is an active member of the Structured Finance Team specializing in combined debt and equity placements as well as the Multifamily Housing Group. Since joining CBRE Capital Markets, Mr. Prakken has originated over $6.0 billion in new mortgage debt including development loans, mezzanine loans, participating debt as well as conventional fixed-rate loans.
Prior to joining CBRE Capital Markets, Mr. Prakken was a Senior Vice President at Fleet Bank within its commercial real estate division.