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Opus Taps Industry Veteran Mark Kunkel to Lead Capital Formation

Mark Kunkel, a seasoned real estate investment manager with a 25-year history of overseeing multi-billion dollar portfolios, has joined Opus as senior vice president of capital formation and investment strategy. Based in Minneapolis, he will report to CFO Pete Conlon to spearhead the diversification of the firm’s institutional investor base.

Opus Taps Industry Veteran Mark Kunkel to Lead Capital Formation

The appointment marks a strategic pivot for Opus as the national real estate developer looks to move beyond traditional joint venture equity partnerships. Kunkel is tasked with designing and scaling new investment vehicles, positioning the company to attract sophisticated capital partners and drive long-term enterprise growth. His mandate includes serving as the primary liaison between Opus and institutional stakeholders, leveraging a career that spans leadership roles at Doran Companies, Northmarq Fund Management, and AB CarVal.

During his tenure at previous firms, Kunkel managed the acquisition, financing, and disposition of more than $3.0 billion in assets. Pete Conlon cited this extensive track record as a critical asset for accelerating the company’s fund formation strategy. Kunkel, who holds an MBA from Harvard Business School and maintains both CFA and CPA designations, will now apply that experience to align the company’s project pipeline with institutional-grade investment demands.

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