NEW YORK CITY-Capital markets veteran Gary H. Sherman is headingup an acquisitions business for Brook Partners as well as thefirm’s newly opened New York City office, the Dallas-basedoperating company says in a release. Sherman joins the firm aschief investment officer, while Paul R. Smith is coming aboard asCOO.

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Sherman’s commercial real estate career spans a quarter century.During the early 1990s, he worked at Lennar Partners, a MorganStanley Real Estate Fund joint venture, acquiring and managingdistressed real estate loans. Subsequently, he joined Apollo RealEstate Advisors, where he managed more than $2 billion of diversereal estate assets across the US.

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Between 1996 and 2005, Sherman was managing director andprincipal at Euristates Inc., the US subsidiary France-based EURISSA. There, he directed and actively managed all US real estateinvestment activities. In 2005, Sherman formed Townhouse Advisors,which developed a series of niche high-end residential projects inNew York City.

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In the release, Brook Partners CEO John Sughrue says Sherman“brings tremendous knowledge and capabilities to our firm during atime in which we are expanding rapidly. We are focusing now onestablishing a robust principal acquisition business, and aredelighted Gary will direct this initiative.”

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Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.