News: Brokerage

Scott joins CBRE as senior managing director

According to CBRE Group, Inc., James Scott, a seasoned investment banker with two decades of experience providing strategic counsel to clients, including CBRE, will join the company as senior managing director. Scott will play a key role in enhancing delivery of the full range of CBRE's Capital Markets capabilities, including its investment banking, investment sales and debt and equity finance services. "James will augment our advisory platform and the full range of services we provide to our clients," said Christopher Ludeman, President, CBRE Capital Markets. "He will be an integrator and bridge between our capital markets services, including CBRE Capital Advisors, and expand the spectrum of the dialogue we have our clients. James will be a major contributor in devising strategies to enhance our execution of portfolio sales and or recapitalizations, entity-level engagements, and iconic assignments for large single-asset trades." Scott joins CBRE from Bank of America Merrill Lynch's real estate investment banking group, and brings significant advisory experience to CBRE. Mr. Scott has been involved in more than $120 billion of M&A transaction activity and has served as bookrunner on more than $20 billion of equity, equity-linked, bond and bank issuance. His notable assignments include serving as lead bookrunner on Macquarie Mexican REIT's $1 billion IPO; serving as the sole advisor to Charter Hall on the $1.7 billion sale of its U.S. office portfolio; serving as the sole advisor on CBRE's $1.1 billion acquisition of ING Real Estate Investment Management; serving as lead bookrunner on Starwood Property's $932 million IPO; assisting Blackstone in its acquisition and financing of EOP ($39 billion) and Hilton Hotels ($26 billion); and advising CNL Hotels on its $6.6 billion sale to Morgan Stanley and Ashford Hospitality. Previously, Scott was a member of the real estate investment banking group at UBS and the M&A group at JPMorgan, and has also practiced corporate law. He earned a bachelor's degree from Dartmouth College and a J.D. from Columbia Law School. CBRE's boutique investment bank, CBRE Capital Advisors, complements its capital markets platform, including its preeminent investment sales and equity and debt placement capabilities. CBRE completed more than $139.3 billion of capital markets transactions globally in 2012.
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