Our People

Mr. Mack, our Chief Executive Officer and Chairman, co-founded MRECS in 2014 and has served as Chief Executive Officer, a Managing Partner and a member of the Investment Committee since its founding. He also co-founded MREG in 2013 and has served as Chief Executive Officer and a member of the Investment Committee since its founding. Mr. Mack joined AREA Property Partners (formerly known as Apollo Real Estate Advisers) in 1993, the year of its formation, as one of the initial employees and prior to founding MREG was the Chief Executive Officer of AREA’s North American business and a member of that firm’s U.S. and European Investment Committees. Over 20 years, Mr. Mack was involved in the investment of billions of equity capital in debt and equity real estate transactions on behalf of AREA’s primarily institutional investors and was specifically responsible for creating new business lines to capitalize on evolving market trends, including a subordinate debt business and ArCap, a subordinate CMBS investor and special servicer. Previously, Mr. Mack had been a member of the Real Estate Investment Banking Department at Shearson Lehman Hutton. Mr. Mack serves on the Wharton School of Business Undergraduate Advisory Board and has taught a course on Real Estate Disruption with Professor Gilles Duranton at Wharton each year since 2019. Mr. Mack serves on the Board of Trustees of both the Randall’s Island Sports Foundation and the Child Mind Institute, and on the board of directors of the 92nd Street Y. He is president emeritus of the HES Community Center in Canarsie, Brooklyn and a member of the Robin Hood Foundation’s Housing & Homelessness Committee. Most recently, Mr. Mack was elected as board member of the Metropolitan Council on Jewish Poverty. Mr. Mack earned a B.S. in Economics from the Wharton School of the University of Pennsylvania and a J.D. from the Columbia University School of Law.

Mr. McGillis, our President, joined MRECS in 2015 and has served as President and Chief Operating Officer of MREG since April 2021, as our President and a Director since May 2021, and as our Chief Financial Officer from 2015 until March 2022. He is also a member of the MREG and MRECS Investment Committees. Prior to joining MRECS, Mr. McGillis worked at J.E. Robert Companies, or JER, from January 2006 to January 2015, where he was the Managing Director, Head of U.S. Funds and Chief Financial Officer. He was responsible for asset and portfolio management, capital markets, investor relations and financial management activities for a series of private equity real estate funds focused on both CRE debt and equity investments. Between 2006 and 2011, Mr. McGillis served in a variety of capacities at JER including as the Chief Financial Officer of JER, Chief Financial Officer of JER’s U.S. fund business and Chief Financial Officer of JER Investors Trust, an externally managed, publicly-traded mortgage REIT, for which he was also a member of the board of directors. Mr. McGillis was a member of JER’s management committee, investment committee, valuation committee, and the boards of directors of various JER portfolio companies. Prior to joining JER, Mr. McGillis was employed in various senior finance and investment management capacities by Freddie Mac, Starcom Holdings, AEW Capital Management, Robertson-Ceco and Price Waterhouse. Mr. McGillis graduated magna cum laude from Northeastern University with a B.S. in Business Administration and is a CPA (inactive).

Mr. Agarwal, our Chief Financial Officer, joined MREG in March 2022 as Chief Financial Officer and is a member of the MREG and MRECS Investment Committees. Mr. Agarwal most recently served as the Chief Financial Officer, Treasurer and Secretary of Apollo Commercial Real Estate Finance, Inc. Prior to joining Apollo in 2016, he was Chief Financial Officer and Treasurer of CM Finance Inc. for two years. Prior to CM Finance Inc., Mr. Agarwal was a senior vice president in Blackstone’s real estate finance group from 2012 to 2014 and director of finance and accounting from 2008 through 2012 at Capital Trust, Inc., the predecessor to Blackstone Mortgage Trust. Prior to that, from 2000 until 2007, Mr. Agarwal held positions in finance and investments at iStar Inc. Mr. Agarwal holds a Bachelor of Science from the University of Mumbai and is a Certified Public Accountant (inactive).

Mr. Cullinan, our Executive Vice President – Originations, is a Managing Director of MRECS, Co-Head of Credit Strategies and Head of Originations. In this role, Mr. Cullinan oversees a team of investment professionals that is responsible for sourcing, underwriting, structuring and executing new investments. Mr. Cullinan is a member of the MRECS’ Investment Committee. Prior to joining MRECS in 2015, he spent four years on the Global Real Assets team at J.P. Morgan Investment Management and previously worked at a family office in New York, New York and CBRE. Mr. Cullinan earned his BBA with a concentration in finance from Loyola University of Maryland.

Ms. Garg, our Executive Vice President – Portfolio and Asset Management, is a Managing Director of MRECS, Co-Head of Credit Strategies and Head of Portfolio and Asset Management. She joined MRECS in 2020, is a member of its Investment Committee and has more than 20 years of hands-on real estate investment management experience, including leadership positions at Treeview Real Estate Advisors and Westbrook Partners. Prior to joining MRECS, Ms. Garg served as Chief Operating Officer of Treeview Real Estate Advisors from February 2011 to March 2020. Her prior professional experience includes positions with Perry Capital Real Estate Partners and Goldman Sachs, in its Whitehall Real Estate Funds group. Ms. Garg earned a B.S. in Economics from the Wharton School of the University of Pennsylvania, a Master of Arts in Education from Stanford University School of Education, and an MBA from Stanford University Graduate School of Business.