LOS ANGELES—Patrick Crandall sees opportunity in the West Coast between the cracks and crevices of the leaking financial markets. Crandall has been appointed as managing director of CIBC World Markets’ Real Estate Finance Group.

Previously, Crandall served as senior vice president and regional manager for the San Francisco office of iStar Financial, which he became part of due to the company’s acquisition of the Commercial Real Estate Division of Fremont Investment & Loan in July 2007. Crandall joined Fremont in 1999 in the firm’s California headquarters as a member of the credit committee. He eventually relocated to New York in 2003 to open and manage the firm’s regional office, where he supervised the origination of over $3 billion in new commercial real estate loans.

Working out of the Los Angeles office of CIBC World Markets, the wholesale and corporate banking arm of the Canadian Imperial Bank Commerce, Crandall will refocus himself on a West Coast and building a stronger foothold on the region for the company, CIBC executives say.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.