BGC Partners, Inc. just announced the appointment of a team of former Nomura brokers to the Newmark Grubb Knight Frank debt and equity capital markets division.
New York-based Mark F. Brown, Jeremy D. Stoler, N. Dante LaRocca, and John B. Tesoriero, have originated around $25 billion in commercial loans over the past 15 years and closed more than $50 billion in commercial real estate transactions.
Michael Lehrman, Global Head of Real Estate at BGC, said: “We are delighted to welcome Mark and his exceptional team, each of whom brings formidable industry connections and expertise.
“Their appointments underscore our continued dedication to creating a full-service commercial real estate platform. The expansion of the capital markets franchise complements the leasing, management, investment sales, and other services offered by Newmark Grubb Knight Frank, the combination of which creates one of the most innovative and dynamic players in the industry.”
“This is an exciting moment to join Michael and the BGC/Newmark Grubb Knight Frank team in building a formidable real estate capital markets powerhouse,” Brown said.
“With brighter prospects in evidence across the commercial real estate marketplace, BGC/Newmark Grubb Knight Frank’s real estate platform has an unparalleled ability to offer comprehensive services to clients across the capital structure and to capitalize on extensive distribution relationships throughout the U.S. and globally.”
Brown has more than twenty years industry experience and joins BGC’s Real Estate Capital Markets Group as a senior managing director, reporting to Lehrman.
He has held senior positions at Nomura Real Estate Finance Group where he served as president and its founding member, in addition to Centerline Capital Group and Donaldson, Lufkin & Jenrette/Credit Suisse.
Most recently he was at 801 Capital Finance Company LLC which he founded.
Stoler, LaRocca and Tesoriero worked together with Brown for the past 15 years across a number of companies, including Nomura Real Estate Finance Group, Centerline Capital Group, Donaldson, Lufkin & Jenrette/Credit Suisse and, 801 Capital Finance Company .