Ballaine Joins NBS Financial Services

Ballaine Joins NBS Financial Services
Jeffrey Ballaine joined Norris, Beggs & Simpson Financial Services, Seattle, as a Vice President for the Seattle loan origination team.

Ballaine has experience in debt origination, credit/underwriting, risk analysis, operations management, transaction evaluation, stakeholder relations and credit management. He came to NBS Financial with nearly 25 years of experience.

Prior to joining NBS Financial, Ballaine served as a Loan Originator and Vice President at Hunt Real Estate Capital in Seattle. In this role, he expanded the organization’s Pacific Northwest lending presence and cultivated relationships with commercial mortgage brokers, owners, management companies, attorneys, title company representatives and others in target markets regionally. He has closed nearly $800 million in loans during his career.

CBRE to Split Chief Financial Officer and Chief Investment Officer Roles into Two Positions
CBRE Group, Los Angeles, announced plans to divide the responsibilities of its Chief Financial Officer and Chief Investment Officer into two senior executive positions.

Jim Groch, who has led both financial management and capital deployment functions since early 2014, will transition to focus full-time on capital allocation and deployment.

In his new role as Global Group President and CIO, Groch will primarily focus on opportunities to deploy capital in the company’s merger-and-acquisition program and to allocate capital that will be invested by its Real Estate Investments businesses–functions he has overseen for the past ten years.

Based in Dallas, the new CFO position will oversee CBRE’s finance and accounting organization, tax, treasury, financial planning and analytics, business intelligence and investor relations. CBRE has initiated a search for its next CFO and has retained Korn Ferry to assist in this process.

Groch will continue to serve as CFO until a successor is transitioned into the role.