Carlton hires Gollin as a managing director

According to Carlton chairman Howard Michaels, the firm has hired Mark Gollin, who is an acknowledged European investment-banking expert, having spent the last 16 years holding senior positions at Apollo, Lehman Brothers and Bear Stearns. Gollin has joined Carlton as managing director to run its European capital markets business. His responsibilities include representing financial institutions and investment banks in the valuation, asset management, and execution of loan sales and other customized strategies for distressed assets. He will be working with Michaels to provide large amounts of equity and debt to property owners who can either recapitalize their assets or buy their loans back from lenders at discounts. Carlton's current pipeline of European transactions exceeds $5 billion. Gollin has spent the better part of the last 14 years living and working in Europe and Asia and is an acknowledged expert in loan servicing and the asset management of distressed commercial, residential, consumer and unsecured credits. Throughout his career, Gollin has been involved in over $30 billion of Eurasian transactions and over $50 billion worldwide. "The addition of Mark Gollin to the Carlton Group's European platform further continues Carlton's global expansion and adds to the prestige and execution capability of our European team," said Carlton partner Michael Campbell. Carlton employs over 50 professionals worldwide, with over 20 of its executives having either lived or worked in Europe for the better part of the last 10 years. The firm currently controls over $5 billion of European loan sale, equity and debt transactions located in such markets as London, Paris, Moscow, Milan, among others. In addition, Carlton is no newcomer to conducting business internationally, and along with its senior executives has previously closed well over $15 billion of European and Eurasian debt and equity financings, investment sales, recapitalizations, and loan sales. In fact, Carlton's hospitality co-head, John Bralower, completed the investment sale of the Savoy Hotel group and the CIGA hospitality portfolio. In addition, Carlton has completed many multifamily, office, and land transactions throughout Germany, Latvia, England and many other European countries. The firm is also presently the exclusive capital advisor on Imperia Tower, which is one of Moscow's most valuable assets, currently valued at well in excess of $1 billion. Moreover, with the current volatility and liquidity issues affecting Europe, Carlton is in a unique position to assist financial institutions and large property owners who need to work through asset issues and monetizing toxic assets to clean up impaired balance sheets. "We have been strategically setting up our European platform over the last 24 months in expectation of the growing opportunity overseas," said Campbell. "With Mr. Gollin to lead the effort for Mr. Michaels in Europe, along with a team of highly seasoned professionals located throughout various European countries, Carlton brings its tremendous track record for success to its friends, clients and colleagues." Overall, Carlton has one of the best and most diverse international databases of investors in the world and are experts in running a competitive process, designed to achieve the highest possible market price for our clients. In 2011, Carlton closed over $7 billion of transactions, inclusive of both debt and equity capital from many of our personal and strong relationships throughout the world. About The Carlton Group The Carlton Group is an international real estate investment banking firm with offices throughout the United States London and Athens. Founded in 1991, Carlton has consummated in excess of $80 billion in transactions. Carlton is one of the world's most successful intermediaries in providing equity and debt capital solutions, as well as providing sophisticated investment sale services. The firm also specializes in providing commercial loan restructuring and recapitalization services. Carlton's expertise includes arranging passive promotable equity for individual real estate transactions and raising entity level equity capital for institutional sponsors. Carlton also executes an aggressive international advisory platform, which is currently executing well over one billion dollars of equity, debt and investment sale advisory business throughout Europe and Eurasia.