Background
Thomas Powers is the managing partner of 1st Liquidity Holdings, LLC and its affiliates and is responsible for institutional sales, capital formation and the strategic vision of the company and funds. Mr. Powers manages the day to day relationships with capital partners and funding requirements as well as all corporate and legal responsibilities of the fund. Mr. Powers also serves as a member of the Strategic Planning Committee and co-chairs the Investment Committee and Investment Policy Group.
Mr. Powers has over thirty years of commercial real estate investment experience and includes: President of Powers Realty Development & Consulting, LLC, a real estate advisory company to public, private and institutional real estate companies where he advises on fund formation, acquisition, development, finance, construction and sales of commercial, retail and multi-family real estate assets. Mr. Powers has provided advisory and consulting services to numerous Boston, MA, Connecticut, New York, NY and Philadelphia, PA real estate operating companies. Before Powers Realty, Mr. Powers was the New England Chief Operating Officer of Wellsford Commercial Properties Trust (a $1.5 billion private REIT majority owned by a subsidiary of the Goldman Sachs Whitehall Funds) where he oversaw acquisitions, financing, development, marketing and sales of commercial assets in excess of $500 million in the New England area. Before Wellsford, Mr. Powers was a senior executive and Director of Asset Management and Equity Origination for the New Boston Funds, Inc. Mr. Powers has in excess of $1 billion in commercial real estate acquisitions, development, construction, leasing, equity origination, fund formation and investment sales experience.
Mr. Powers has also been involved in several industry associations including NAIOP, BOMA and FINRA. He obtained a BA from the University of Hartford and holds the Series 63 and 22 FINRA licenses as well as a Massachusetts real estate salesman’s license.
Mr. Patrick McKeon JD/MBA/CFP® is a Partner at 1st Liquidity and a founder of ComplianceNow.Biz. At 1st Liquidity Mr. McKeon manages day to day legal and compliance related matters associated with 1st Liquidity's broker-dealer relationships, business matters, legal, transfer and custodial security transactions. Mr. McKeon also serves as a member of the Strategic Planning Committee and a member of the Investment Committee and Investment Policy Group.
Mr. McKeon has worked in numerous key supervisory and compliance principal positions for multiple broker-dealers and financial service companies, he has a comprehensive understanding of sophisticated investment products, distribution strategies and financial structures gained by working with the Financial Industry Regulatory Authority, Inc. (FINRA), broker-dealers, investment managers, mutual funds, custodians and transfer agents. Mr. McKeon is a FINRA Series 7, 24, 53, 63, & 65 and a Certified Hedge Fund Professional (CHP), He obtained a JD from the New England School of Law, an MBA in Accounting from Fairleigh Dickinson University and a BS in Finance from Fairfield University.
Mr. McKeon has worked in numerous key supervisory and compliance principal positions for multiple broker-dealers and financial service companies, he has a comprehensive understanding of sophisticated investment products, distribution strategies and financial structures gained by working with the Financial Industry Regulatory Authority, Inc. (FINRA), broker-dealers, investment managers, mutual funds, custodians and transfer agents. Mr. McKeon is a FINRA Series 7, 24, 53, 63, & 65 and a Certified Hedge Fund Professional (CHP), He obtained a JD from the New England School of Law, an MBA in Accounting from Fairleigh Dickinson University and a BS in Finance from Fairfield University.