August 26, 2026

Berkadia Expands Strategic Capital Platform with Two Key Hires

Irvine, California – August 26, 2026 – Berkadia, a distinguished leader in the commercial real estate sector, is pleased to announce two new additions to Berkadia Strategic Capital: Senior Director Kellan Liem and Associate Allie Black. Based in Irvine, California, Liem and Black will report to Senior Managing Director and Head of Strategic Capital, Gordon Reynolds.  

Liem and Black will serve as the West Coast-based partners of Berkadia Strategic Capital. Working in deep collaboration with the various business lines of Berkadia’s platform, Berkadia Strategic Capital is a national team dedicated to strategic advisory and equity placement across asset classes and strategies.  

“We launched the Strategic Capital platform a year ago with a clear vision, and Gordon, Brian, and Conner have done an outstanding job building momentum for the business,” said Hilary Provinse, EVP – Production & Capital Markets. “We are excited to remain on offense in the equity and private capital solutions space. While others wait for a market recovery, we are investing in the talent and capabilities needed to address clients’ heightened requirements for thoughtful, creative capital solutions.”  

“We are excited to welcome Kellan and Allie to Berkadia as we continue to expand our Strategic Capital platform,” said Reynolds. “Their expertise and relationships will further strengthen our ability to deliver tailored, strategic solutions to Berkadia’s clients nationwide. By bringing together two successful capital-raising advisory teams with a shared vision, we will build on Berkadia’s already strong culture of collaboration and exceptional client service.” 

“Berkadia’s Strategic Capital platform is a novel and thoughtful approach to the equity placement discipline that will serve both clients and investors well in a turbulent equity market. Combining the strength of Berkadia’s platform with a centralized specialist team will allow the firm to advise clients on a range of complex transactions, making this partnership an easy choice,” said Liem.  

Prior to joining Berkadia, Liem and Black worked together at JLL Capital Markets, Americas, where they specialized in placing equity across Western & Central U.S. markets, including joint venture equity, co-GP capital, and full capital stack solutions. 

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