Wall Street Veteran Joins Cushman & Wakefield as Head of Capital Markets for the U.S. Western Region
1 Jun, 2011, New York
Cushman & Wakefield today announced Curtis Magleby, an accomplished real estate finance and investment professional with two decades of experience at leading Wall Street firms, has joined the company as Senior Managing Director of Capital Markets and U.S. Western Region Leader. He will be based in Los Angeles.
Mr. Magleby, who joins Cushman & Wakefield from RBR Capital, will oversee Cushman & Wakefield's Investment Sales, Debt & Equity Finance and Investment Banking divisions in the western half of the United States. His appointment closely follows the recent hiring of Matthew Gworek to lead the company's Eastern Region, and Steve Weilbach to lead the company's Multifamily practice.
Prior to RBR Capital, Mr. Magleby established a very successful track-record in real estate asset management and investment at firms including Wachovia Securities, Lehman Brothers and Salomon Smith Barney in New York and Los Angeles. At Wachovia, from 2005 to 2009, Mr. Magleby was a Managing Director in charge of Lodging and Gaming in Investment Banking, where he established new revenue streams and executed more than 100 capital markets transactions. At Lehman Brothers, he served in various leadership roles from 1998 to 2005, including serving as a Managing Director of the firm's Real Estate and Leisure/Casino Group. There, Mr. Magleby was the primary team member responsible for the execution of various financings and M&A transactions totaling more than $8 billion.
At Cushman & Wakefield, Mr. Magleby will direct growth initiatives, recruitment and training, and oversee business development and client service throughout the Western United States.
"We are very pleased to welcome a professional of Curt's caliber and experience to our U.S. Capital Markets leadership team," said Cushman & Wakefield Executive Vice President and Global Head of Capital Markets, Greg Vorwaller. "His in-depth, hands-on experience in the real estate capital markets will be invaluable to our professionals in helping to deliver the highest quality service to our clients throughout the Western region."
"I am very enthusiastic about the opportunity to join Cushman & Wakefield as it renews its focuses on growth in the real estate capital markets arena," said Mr. Magleby. "The company benefits from a powerful brand and strong management team, and I'm looking forward to contributing to the effort to grow the platform and lead the field."
Prior to Lehman Brothers, Mr. Magleby spent six years at Salomon Smith Barney in its Real Estate and Lodging Group, focused on analysis and structuring of debt and equity financing for public and private investors.
Mr. Magleby is a graduate of Brigham Young University, where he received his bachelor's degree in Statistics with an emphasis in Business.
Cushman & Wakefield was advised by the executive search firm Korn/Ferry International.
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