Commercial Names in the News

JLL announced that Ray Allen joined the firm as a Managing Director. He will arrange and place debt across all industry sectors.

Allen previously secured commercial debt financing for an array of property types as a Vice President of Capital Markets.

Waldman Joins Ladder Capital

Commercial mortgage loan originator Marc Waldman joined Ladder Capital Corp., New York, as a Managing Director in Originations.

Waldman joined Ladder from Deutsche Bank, where he served as a Managing Director since 2013 and was responsible for over $6 billion in commercial real estate loan originations for both securitization and balance sheet execution.

Prior to his tenure at Deutsche Bank, Waldman served as an Executive Director in UBS’ U.S. Real Estate Finance group and previously was a member of the Proprietary Lending Group at GMAC Commercial Mortgage.

FelCor Names Goldman Chief Executive Officer
FelCor Lodging Trust Inc., Irving, Texas, named Steven Goldman its next Chief Executive Officer, effective March 1. He will also join FelCor’s Board of Directors.

Troy Pentecost will continue as FelCor’s President and Chief Operating Officer after serving as Interim Senior Executive Officer since September 2016.

Goldman has been involved in all aspects of hotel operations, acquisitions and divestitures, finance and development for more than 33 years. Most recently, he was a Managing Director at Starwood Capital Group, where he served as President of Starwood Capital Group’s affiliate SH Group. Prior to that he was CEO of Groupe du Louvre, one of Starwood Capital Group’s portfolio investment holding companies based in France.