KeyCorp Unit Renamed KeyBank REC

Key Commercial Real Estate has been renamed Keybank Real Estate Capital to better reflect the broader scope of its operations, and several key personnel changes have been made at the commercial real estate lending company.KeyCorp, the Cleveland-based parent of the company, said John E. Case was recently named chief operating officer and executive vice president of KeyBank REC after George E. Emmons Jr. assumed additional responsibility for heading up KeyCorp's middle-market commercial bank. Mr. Emmons remains executive vice president and national manager of Keybank REC, with overall responsibility for the group. Commenting on the name change, Mr. Case said the company in recent years "has evolved from being largely a balance-sheet lender to a full-service, national commercial real estate company that offers clients commercial banking, mortgage banking, and investment banking solutions." In a related development, E.J. Burke has been promoted to managing director and executive vice president of Keybank REC's commercial mortgage group, replacing Mr. Case.