NGKF Capital Markets adds Roeschlaub and Fromm to the New York team
October 27, 2014 - Brokerage
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.