While Transwestern Commercial had $2 billion in property sales and financings last year, JTD services more than $1 billion in first mortgage loans and has served as an intermediary on several significant deals throughout various submarkets and across multiple property types.

JTD's financing deals have included Downtown office buildings at 55 E. Monroe St., the IBM Building, 525 W. Monroe St. and 225 N. Michigan Ave. JTD also financed the 1.7 million-sf Midway Business Center on the Southwest Side. Recent suburban deals have included 350,000-sf Woodfield Preserve I in Schaumburg, the 1.7 million-sf Turnberry Lakes industrial park in Carol Stream and 483-unit AMLI at Osprey Lake multifamily complex in Gurnee.

JTD also has been involved in the financing of Hyatt Regency hotels in Washington, DC and Phoenix as well as a Westin Hotel in Santa Clara, CA.

"With a highly successful financing and investment sales track record as well as mortgage servicing capabilities, Julian, Toft & Downey will enhance Transwestern's existing capital market services," says Transwestern Chairman Randall K. Rowe, whose firm also manages 100 million sf. "Their advisory approach to client services meshes perfectly with Transwestern's client philosophy and further broadens the national full-service platform we've established over the last several years."

David A. Downey and Gaylord L. Toft become managing directors of Transwestern's investment services group while four other top JTD executives get new posts in the merger.

"When we looked to combine forces with a national real estate company to grow our capital markets services, we wanted to assure that the firm was the right business and cultural fit – both results-oriented and intensely committed to partnering with and maintaining superior, long-term relationships with clients," Downey says. "From our due diligence, we found that Transwestern had the same client relationship philosophy we did, one which uses innovative approaches to individual business needs."