Kenji Iwai is President and Chairman of the Board of MBK Real Estate LLC (MRE). As President and Chairman, he is responsible for the overall management of the Company. He oversees the development and execution of the Company’s fiscal strategies, evaluates the organization’s fiscal function and performance as well as directs MRE’s subsidiaries to fulfill the strategic goals of the organization.
Mr. Iwai has held various leadership positions within Mitsui & Co. Ltd., most recently as Deputy General Manager, Human Resources & General Affairs Division and Corporate Planning Division. Mr. Iwai previously served as General Manager of the US Real Estate Business, Strategic Planning and Investment Management Department.
”Kenji’s extensive experience in the real estate industry, focus on strategic planning, combined with his past experience with MBK Real Estate, make him the ideal leader to guide the company into the future,” Mr. Yamanaka said. “His dedication to innovation, quality, and customer service will undoubtedly help us to expand our reach and continue to provide exceptional value in real estate solutions to our clients.”
After earning a degree in Engineering from the University of Tokyo, Mr. Iwai joined Mitsui in 1997 in the company’s Residential Business Division in Tokyo. He has worked in various capacities in Asia, Europe, and the US.
Ed Stokx is chief financial & administrative officer of MBK Real Estate and its affiliated companies. In this role, Mr. Stokx leads the company’s capital raising efforts, including debt and third-party equity. In addition, Stokx oversees the company’s finance and accounting functions as well its IT and HR resources, which support the MBK’s 2,200 employees.
Prior to joining MBK in 2017, Mr. Stokx served 14 years as Executive Vice President, Chief Financial officer of PS Business Parks, a publicly traded real estate investment trust focused on office and industrial assets across the United States. In his capacity at PS Business Parks, Mr. Stokx led the company’s debt and equity raising efforts as well as its investor relations efforts. While at PS Business Parks, Mr. Stokx led the efforts to form the company’s multi-family joint venture which focused on replacing obsolete office properties with state-of-the-art apartment communities.
Prior to joining PS Business Parks, Mr. Stokx served as Chief Financial Officer of Center Trust, Inc., a publicly traded real estate investment trust focused on developing and managing community retail centers. He was instrumental in the company’s 2003 merger with another public REIT. Mr. Stokx joined Center Trust in October 1997 after having assisted taking the company public while working for Deloitte.
Mr. Stokx is a graduate of Loyola Marymount University and is a certified public accountant.
Hiroshi Sugita brings more than 20 years of experience in investment and business development to his position as Executive Vice President of MBK Real Estate, overseeing the company’s overall management. In addition, Hiroshi has also been initiating the launch of a private fund strategy aiming at utilizing MBK’s platform and Mitsui’s global network.
Hiroshi has worked for Mitsui & Co., Ltd since 1998. Before joining MBK, he has led multiple investments and real estate projects at Mitsui & Co., including M&A of Mitsui’s subsidiaries in property management and development projects and industrial REIT in Singapore.
Hiroshi earned a bachelor’s degree in Economics from Waseda University, Japan, and a Master of Business Administration from Kellogg School of Management at Northwestern University.
Anita Hsu is Senior Vice President, General Counsel of MBK Real Estate Companies. She currently oversees all related legal matters for MBK Real Estate and its subsidiaries, MBK Senior Living, MBK Rental Living, MBK Homes and MBK Industrial Properties.
Before joining MBK, she was a partner at Manatt, Phelps & Phillips, LLP, specializing in real estate transactions, including complex acquisitions and dispositions, financing, leasing and other matters related to the ownership and development of commercial, industrial, residential and retail properties. She also served (on secondment) as in-house legal counsel for an alternative energy company.
Anita received her law degree from the University of California, Berkeley School of Law, and she was a recipient of the Paul and Daisy Soros Fellowship for New Americans. She graduated summa cum laude with a Bachelor of Arts in Psychology from the University of California, Berkeley.
Masafumi Kamiya has been actively supporting our MBK business from Tokyo, as a member of Real Estate Division in Tokyo.
Vijay Pandurangadu has been with MBK Industrial since 2017 and joined shortly after the division was founded. Vijay has overarching responsibilities including business strategy, acquisitions, development, joint ventures and asset management.
Prior to joining MBK Industrial, Vijay held acquisition and development related roles at Goodman Group, DEXUS Property Group, and the Irvine Company – Office Properties. Over his career Vijay has closed over $2.5 billion in office and industrial real estate and engaged in 6m square feet of industrial development.
Vijay is active in NAIOP and previously served on the Board for NAIOP Inland Empire.
Vijay earned his MBA from University of California, Irvine and Bachelors in Science from Ball State University.
Joe Deverian joined MBK in 2019 and has worked with their Rental Living and Industrial departments as a Development Manager. Direct responsibilities include due diligence, forward planning, entitlements, assembling of consultants, managing budgets and schedules, interfacing with governmental agencies and managing general contractors and development managers.
Prior to joining MBK, Joe has over 25 years of working experience in residential, commercial and hospitality land development projects for public and private companies. Joe holds a California states contractor’s license and has experience as a residential and commercial general contractor.
Joe earned a Bachelors in Business Administration & Finance from Point Loma Nazarene University, San Diego.
Luke Nakagawa joined MBK Industrial in 2023 as a senior analyst. As an analyst, Luke underwrites wholly owned and Joint venture development opportunities in MIP’s target markets, along with various market research needed for investment committee packages, board packages, and other formal submittals.
Prior to joining MIP, Luke was a Capital Markets broker at Kidder Mathews. As part of the three-person team, Luke was responsible for financial analysis, property due diligence, and other marketing and transactional support. While at Kidder Mathews, Luke transacted over $300 million across industrial, office, and land sales in the west coast states.
Luke holds a BA and a concentration in Real Estate Economics from Cal Poly San Luis Obispo.