Elorza and Capas Rejoin Cushman & Wakefield
Elorza and Capas Rejoin Cushman & Wakefield
Cushman & Wakefield announced that Senior Directors Luis Elorza and Brad Capas rejoined the firm as members of the firm’s Florida multifamily brokerage team.
In their new roles, the duo has assumed responsibility for expanding Cushman & Wakefield’s apartment brokerage presence along Florida’s west coast, extending from Greater Tampa through Naples.
Elorza has more than a decade of multifamily brokerage experience leading to over $4 billion in closed transactions. He has held real estate and corporate finance positions at Citicorp, Bankers Trust, Ernst & Young, Providence Ma
nagement and Merrill Lynch’s Global Private Equity Division. Elorza has managed a wide range of real estate and corporate finance assignments, both domestic and abroad, including mergers and acquisitions, commercial lending, restructuring, privatizations and valuations.
Capas has specialized in institutional and private investment sales transactions for more than 20 years and has a track record in the promotion and disposition of multifamily properties and complex development sites. He has had direct involvement in the marketing and execution of more than $2 billion in multifamily investment sales involving over 22,000 units. He has served both domestic and foreign clients, including private investors, developers, REITs, pension fund advisors and life insurance companies.
Prior to entering the investment sales arena, Capas spent 11 years in the commercial appraisal and consulting industry.
Grandbridge Enters New England with New Boston Office
Grandbridge Real Estate Capital hired Paul Donahue as senior vice president to manage the firm’s new Boston office.
Along with Donahue, Grandbridge hired Mitch Printz as vice president in the Boston office at 101 Arch St. Donahue and Printz are poised to originate debt and equity financing for private and public real estate owners through relationships with a variety of capital sources, which include Grandbridge’s proprietary balance sheet loan products, insurance companies, investment banks, governmental agencies, commercial banks and credit institutions.
Prior to joining Grandbridge, Donahue served as managing director of commercial real estate lending at RED Capital Group in Boston where he was responsible for mortgage banking development in Boston, New York and California. He has also served in senior production and management positions with Bellwether Enterprise, Centerline Capital Group, CBRE-New England, Holliday Fenoglio Fowler and Berkshire Mortgage Finance. His extensive background in the origination and placement of debt, structuring complex transactions, including affordable housing and LIHTC transactions, makes him a natural to lead the new Boston-based team.
Printz, who joins the new team as vice president, will be responsible for analyzing, structuring and underwriting commercial and multifamily debt and equity opportunities. His experience with affordable, LIHTC and market-rate multifamily and student housing will work well with Donahue’s background and goals for the region.
Greystone Adds Two Managing Directors to CMBS Team
Greystone, New York, added two Managing Directors to its commercial mortgage-backed securities lending group. Joe Mosley Jr. and Dan Wolins will both report to Greystone Head of CMBS loan production Rob Russell.
Mosley, based in Greystone’s Birmingham, Ala. office, joined Greystone from UBS Investment Bank, where he was a Director originating CMBS loans. Prior to UBS, he was an Analyst at Deloitte & Touche.
Wolins, based in Greystone’s New York office, joins the firm from Hunt Mortgage Group, where he was most recently a Managing Director. Prior to Hunt, he was a Partner at Olmsted Capital Partners and has held previous senior CMBS lending roles at Deutsche Bank, Credit Suisse and Salomon Smith Barney.
