News: Financial Digest

Brookline Bank appoints Ouellette new group head of commercial real estate lending

Daniel Ouellette has joined Brookline Bank to head its commercial real estate group. A 30 year veteran of New England commercial real estate lending, Ouellette brings a depth and breadth of executive-level experience to Brookline Bank. Most recently at Sovereign, Ouellette built his expertise in senior real estate positions at Citizens Bank and Bank of Boston. Over his career, he has led or participated in deals spanning commercial, retail, multi-family, and mixed-use properties, and provided financing to clients as wide-ranging as private and public REITs and affordable housing developers. "Ouellette's background is an ideal match for our institution," said Paul Perrault, CEO of Brookline Bank. "The strength of our real estate portfolio has always been based on a focused knowledge of our marketplace and its players. Dan has that in-depth knowledge and he will put it to use immediately as we seek new lending opportunities." Ouellette said, "I appreciate that I am joining a long-respected team of real estate professionals, and look forward to building on their success. My early priorities at Brookline Bank are to familiarize myself with the bank's clients, reconnect with those I already know, and begin to build new relationships." Ouellette is a member of the NAIOP, the Real Estate Lending and Affordable Housing Loan Committees of the MHIC, and the Catholic Charities Real Estate Committee, and holds a Bachelor of Science degree from Suffolk University. He will be located at Brookline Bank's headquarters office at 160 Washington Street in Brookline.
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