News: Brokerage

Shapiro and Wilcox named vice presidents at Savills

Stephen Shapiro and John Wilcox have joined Savills LLC. Having worked on a combined $30 billion in real estate finance deals, both professionals bring a wide range of real estate investment banking experience to Savills. Before joining Savills LLC, Shapiro worked for real estate investment banking firm Eastdil Secured. He was part of a team that worked on one of the largest leveraged buyouts in history when Blackstone acquired office REIT Equity Office Properties Trust for $39 billion in 2007. Shapiro has worked on transactions and advisory assignments worth more than $20 billion in total. His dossier of closed real estate finance deals also includes office, retail, residential and mixed-use assets.    Wilcox, who joins SavillsLLC from DTZ Rockwood's Capital Markets Group, has more than 15 years of real estate finance experience. A restructuring expert and certified turnaround professional, Wilcox has advised both creditors and debtors on many high-profile bankruptcies. Over the course of his career, Wilcox has undertaken more than $10 billion in transaction and advisory assignments. Founded in 1996, New York-based Savills is a real estate investment banking firm offering investment sales, debt and equity placement, and advisory services. Its professionals have executed more than $21 billion in real estate transactions throughout their careers spanning the full range of property types, including office, medical office, retail, multifamily, industrial and hotels. Formerly known as Granite Partners, the firm was acquired in August 2007 by UK-based Savills PLC.  Listed on the London Stock Exchange, Savills PLC is one of the world's largest real estate services firms. With 2007 revenues of $1.02 billion, Savills PLC has 171 offices and more than 18,000 staff worldwide.
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