NEWPORT BEACH, CA-CBRE has hired Shaun Moothart as VP in debt & equity finance. Based in the Newport Beach office, Moothart will focus primarily on the origination and placement of debt financing for retail, office, industrial and multifamily property types.
Before joining the firm, Moothart served as VP with the Alison Co., where he specialized in the origination and placement of debt for various life-company correspondent relationships. His experience spans all product types including multifamily, industrial, retail, office and self-storage in markets across North America.
Moothart has played a key role in the origination, underwriting and closing of transactions valued in excess of $1 billion with various lenders since 2005. His experience includes the representation of life-insurance companies, investment banks, pension funds, commercial banks and government-sponsored enterprises Fannie Mae and Freddie Mac.
“Shaun came to CBRE highly recommended by professionals both internally and externally,” says Kurt Strasmann, senior managing director of the Orange County region for CBRE. “He has developed a solid reputation throughout the industry and even in the short time he's been with us, Shaun is already living up to his name by partnering with CBRE professionals and becoming active in the market.”
As GlobeSt.com reported earlier this week, CBRE Group in Los Angeles has added an owner-occupied lending component to its capital markets services and hired two veteran executives to run it. The new Business Lending Group is also hiring sales people, underwriters and support staff and will be rolled out over the next few months.
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