Baxter, Caplan, Cohen and Latham join JLL

Richard Baxter, Jon Caplan, Ron Cohen and Scott Latham will join Jones Lang LaSalle (JLL) to lead the firm's N.Y.C. Capital Markets business. Possessing more than a century of combined real estate capital markets experience, and an investment sales transaction track record exceeding $20 billion in the past 10 years, these industry leaders will build on their past success and expertise to expand JLL's overall N.Y.C. capital markets effort, which includes investment sales, debt placement, recapitalization, note sales, and placement of rescue capital and joint venture equity capital. "Attracting these key leaders to our firm will enable the aggressive growth of our New York City Capital Markets business. It also sends another significant message to the market that Jones Lang LaSalle is committed to building a pre-eminent Americas Capital Markets business," said Jay Koster, president of JLL's Americas Capital Markets business. "The global reach of their relationships and their track record also provide an ideal connection point to our well-established Capital Markets businesses in EMEA and Asia Pacific. This move will further enhance JLL's role in the flow of global real estate capital," said Koster. "Baxter, Caplan, Cohen and Latham are accomplished professionals who have been the drivers behind many of the city's largest and most important real estate deals," said Peter Riguardi, president of the New York Region for JLL. "Integrating their capital markets expertise will provide a major boost to our client service offerings in New York as well as our overall Americas and global Capital Markets platforms." Baxter, Caplan, Cohen and Latham have specialized in the sale, acquisition, and capitalization of N.Y.C. real estate including trophy office, urban retail and multifamily properties, and development opportunities. A few notable transactions include: The Plaza Hotel, 666 Fifth Ave., 388-390 Greenwich St., The Seagram Building, The MetLife Building, Park Ave. Tower, 530 Park Ave. and the Barneys New York flagship on Madison Ave.