Cushman & Wakefield Sonnenblick Goldman is Now C&W's Equity, Debt & Structured Finance Practice
17 May, 2012, New York
Cushman & Wakefield announced that effective today, Cushman & Wakefield Sonnenblick Goldman will be known as the Equity, Debt & Structured Finance practice within Cushman & Wakefield's global Capital Markets group.
The firm's Capital Markets group will continue to offer the most comprehensive financial real estate services, now through its three core businesses of Investment Sales & Acquisitions, Equity, Debt & Structured Finance and Corporate Finance & Investment Banking.
"One of the key initiatives of Cushman & Wakefield's strategic plan was to create a highly coordinated and aligned global organization," said Greg Vorwaller, Executive Vice President and Global Head of Capital Markets at Cushman & Wakefield. "This move creates consistency for Capital Markets globally and enables Cushman & Wakefield to continue delivering comprehensive, high-quality real estate investment and financing services to our clients around the world."
Sonnenblick Goldman was founded in 1893 to service the financing needs of the real estate agency. Since joining forces with Cushman & Wakefield in 2007, when Cushman & Wakefield acquired its majority interest, Cushman & Wakefield Sonnenblick Goldman has been involved in some of the world's most prominent real estate transactions, including the $119.8 million refinancing of The New York Times Company Headquarters in Manhattan, the $212 million financing of FelCor Lodging Trust Incorporated's nine-hotel US portfolio, the $96 million sale of the JW Marriott San Francisco Union Square Hotel, and most recently, the recapitalization of a 49 percent interest in 1633 Broadway in Manhattan.
"Cushman & Wakefield Sonnenblick Goldman's long-standing record as a leader in real estate financial services is unrivaled," said Steve Kohn, President of Equity, Debt & Structured Finance at Cushman & Wakefield. "We're proud of its almost 120 year history, which has set the foundation for Cushman & Wakefield's position as a leader in the structured finance and capital markets arena."