Financial firm sees golden opportunities with expansions into sunny Atlanta and L.A. markets.As the real estate investment market continues to be challenged by credit and liquidity issues, Cushman & Wakefield Sonnenblick Goldman announced it will expand its U.S. platform into new markets to help meet increasing demand for access to debt and equity capital sources. The firm, formed after Cushman & Wakefield's acquisition of a majority, interest in real estate investment banking specialist Sonnenblick Goldman in 2007, is expanding its operations to Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. and Atlanta this month. Headquartered in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , the firm's current offices also include San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , Boston, Chicago and Washington, D.C. The two new offices are already under the Cushman & Wakefield banner, but will now include Cushman & Wakefield Sonnenblick Goldman's investment banking teams. The expansion into the Los Angeles and Atlanta markets will allow the firm to more efficiently provide its debt and equity placement, as well as hotel sales services to clients in the respective regions. During these times of capital market uncertainty, investors are putting greater reliance on recapitalizations, refinancings, capital raising and joint venture structuring as well as loan sales and advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal , in order to enhance their capital position, 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. Thomas MacManus, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and Chairman of Cushman & Wakefield Sonnenblick Goldman. Dan MacDonnell, managing director, and Stephen O'Connor, director, will join the team at the L.A. office and will report to Western Regional Head Rob Stiles Stiles can refer to: People
Michael Ryan, executive director, will transfer to the Atlanta office from the firm's Washington, D.C. office. Ryan will focus on debt and equity finance for all property types, though it is expected that there will be a high level of multifamily transactions since the Atlanta region is one of the firm's strongest in apartment brokerage services. Cushman & Wakefield Sonnenblick Goldman has had a strong presence in both markets for many years. The firm has recently placed over $1 billion in 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. on L.A.'s west side alone--including, among others, the landmark financings of the Beverly Hilton Hotel and Montage Hotel & Residences. In Atlanta, the firm has previously arranged capital transactions involving two office buildings in Roswell, Ga. on behalf of Rubicon Investments and the acquisition financing for AXA AXA Anguilla, Anguilla (Airport Code) AXA Alpha Chi Alpha AXA Animal Crossing Ahead (online forum community/guide to the game Animal Crossing) AXA Auxiliary Artery Advisors' headquarters in Alpharetta, Ga. "This expansion into these major markets further advances our strategic plan of integrating our real estate investment banking platform with the vast array of brokerage and advisory services of Cushman & Wakefield," MacManus said. "In an increasingly challenging environment for real estate investors, this expansion will provide our clients with comprehensive solutions for their capital structure and investment needs while strengthening our competitive position in Los Angeles and Atlanta." "In addition to Atlanta being a major growth market, it is home to many major institutional and off-shore investors who have need of the sophisticated investment banking services we offer. Being physically located in this important market will enhance our ability to deliver these services more efficiently," said Steven Kohn, president and principal of Cushman & Wakefield Sonnenblick Goldman. Rob Stiles noted that "Southern California has developed into such a strong market for CWSG CWSG Canadian Wire Service Guild that it now requires a direct presence on the ground to augment the servicing from our San Francisco base." The company has plans to place investment banking teams in additional markets throughout the United States in the near future. The next regions the firm plans to focus on include Texas and South Florida with Denver and Phoenix also under consideration. |
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