C&W continues to grow debt and equity finance practice.Cushman & Wakefield announced the expansion of its Debt and Equity Finance practice in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , with the addition of three real estate finance professionals in its Downtown Chicago office. Dean Dornbos, a veteran real estate professional and entrepreneur whose career has spanned law, development and all aspects of investment banking and financing, has been named managing director, Debt and Equity Finance. Keith Largay has been appointed a director, and Rupesh Patel has been appointed an associate. All three were previously with the mortgage banking firm Northmarq Capital Inc. The announcement follows the recent appointment of Tom MacManus, a former president of GMAC GMAC General Motors Acceptance Corporation GMAC Graduate Management Admission Council GMAC Give Me A Call GMAC Genetic Manipulation Advisory Committee GMAC Genetic Modification Advisory Committee (Singapore) GMAC Give Me A Chance Commercial Mortgage Corp., as executive vice president of Cushman & Wakefield's Debt & Equity Finance Practice throughout the Americas. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. MacManus, the expansion of the practice in Chicago "demonstrates our strong commitment to building our real estate investment banking and real estate advisory business with an emphasis on quality and innovation." "Dean and his team are a tremendous addition to our national platform," MacManus said. "They instantly establish our expertise in the Chicago area and enable us to provide our clients integrated financial solutions across multiple disciplines and add value to the equation on each and every opportunity. This is an important step as we increase our capacity to provide optimal capital structures and solutions to meet and exceed client expectations--and we expect to expand our footprint The amount of geographic space covered by an object. A computer footprint is the desk or floor surface it occupies. A satellite's footprint is the earth area covered by its downlink. See form factor. 1. further." Dornbos is a highly accomplished and respected real estate finance professional, with a diverse and entrepreneurial background that has afforded him extensive management, origination Origination The process through which a mortgage lender creates a mortgage secured by some amount of the mortgagor's real property. Notes: Also known as loan origination, everyone must go through the origination process when securing a mortgage for a piece of real , production and underwriting Underwriting 1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt). 2. The process of issuing insurance policies. experience. Throughout his career, he has arranged more than $4 billion of debt and equity financing Equity Financing The act of raising money for company activities by selling common or preferred stock to individual or institutional investors. In return for the money paid, shareholders receive ownership interests in the corporation. for investors including notable pension funds, REITs, private equity firms and national developers. Previously, Dornbos was a managing director of NorthMarq since opening the firm's Chicago office in 1998 and spent nearly ten years with the Chicago mortgage banking firm Julian, Toft & Downey. |
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