During her 15-year career at iStar, MacKay served as EVP of investments and head of capital markets. Previously, she was executive director in commercial real estate at UBS, and VP at Chase Bank where she established the commercial mortgage-backed securities trading desk. From 1996 to 1998, Ms. MacKay was Vice President at Chase Bank where she was part of a two-person team hired to establish the commercial mortgage-backed securities trading desk and real estate products distribution. Prior to Chase, Ms. MacKay created and managed a $1.8 billion portfolio of real estate investments at The Hartford (HIMCO). Her responsibilities included analyzing and investing in CMBS, CMBS IO, unsecured REIT debt, FNMA multifamily, credit tenant lease structures and high yield real estate companies. Ms. Mackay holds an M.B.A. from the University of Hartford and a B.A. from the University of Connecticut.