NGKF Capital Markets adds Roeschlaub and Fromm to the New York team
Newmark Grubb Knight Frank (NGKF) Capital Markets has welcomed structured finance dealmakers, Jordan Roeschlaub as senior managing director and Daniel Fromm as managing director, to its N.Y. office. The additions come as commercial borrowing exceeds last year's volume and as NGKF continues to recruit talented finance experts nationwide. "With property fundamentals improving in the midst of an ultra-low interest-rate environment, the appetite for borrowing will remain robust for the balance of 2014 and into 2015," said Jimmy Kuhn, president of NGKF and head of NGKF Capital Markets. "Jordy and his team have an impressive track record of financing assets and portfolios in N.Y., and nationally."
Together with long-time NGKF debt broker Paul Talbot and leading equity banker Garett Stoffels (who recently joined from Cantor Fitzgerald and was formerly a senior investment banker at Bear Stearns), Roeschlaub is charged with expanding the New York and Tri-State Real Estate Debt and Structured Finance team as part of NGKF's capital markets platform. The team will raise and structure capital for all asset classes on behalf of institutional and private real estate investors.
Already, Roeschlaub's team is working on nearly $750 million in debt placement assignments.
"We are pleased to join Jimmy and NGKF Capital Markets at a point when the company is poised for significant growth," said Roeschlaub. "This is an exciting time as we embark on expansion, and make strategic additions to our team. We look forward to building a real estate capital markets powerhouse."
With a decade's worth of commercial real estate finance experience, Roeschlaub has executed more than $2.75 billion in capital markets transactions. In 2013, he was named one of the "Top 20 Commercial Mortgage Brokers Under 35" in the nation by The Commercial Observer.
The two join NGKF Capital Markets from Chesterfield Faring, Ltd., where Roeschlaub served as a managing director and head of the real estate investment bank's debt and equity group, and Fromm was a director in the real estate investment banking group. Prior, Mr. Fromm worked as an attorney at Cravath, Swaine & Moore LLP.
Kuhn said, "We expect to add another half dozen debt and equity teams around the country while continuing to grow our investment and loan sales platform."
The latest appointments follow on the heels of new hires Joe Donato and Maury Zanoff from CBRE, who are the leading structured finance experts in the mid-Atlantic region, with more than $60 billion in debt and equity deals throughout their career.
Manhattan, NY SL Green Realty Corp. completed two office leases totaling 34,564 s/f at 711 Third Ave. The transactions include a 14,598 s/f, 8.5-year renewal lease with Ackman Ziff Real Estate
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their