Citigroup has hired Thomas Flexner as global head of real estate. Flexner comes to Citi from Bear Stearns, where he recently served as vice chairman overseeing commercial real estate and the financial buyers group.

Flexner will be a part of the Institutional Clients Group, supervising Citi’s commercial real estate operations within Citi Alternative Investments. He reports to John Havens, ICG chief executive.

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