PHOENIX—Signaling a move to expand its Capital Markets platform,Cushman & Wakefield has added a capitalmarkets and commercial real estate veteran to its leadershiproster. Bob Kline of RW KlineCompanies has joined the firm as senior managing directorof the Equity, Debt and Structured Finance Group.

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Kline was previously CEO of the number one CMBS debtrestructuring firm in the world and the leader of the equity/debtadvisory team at RW Kline Capital, LLC.

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With Cushman & Wakefield, Kline will spearhead a specializednational CMBS advisory practice focused on CMBS debt maturities,assumptions, restructurings and rescue capital. Blending hisexisting advisory team with C&W's Capital Markets team, Klinewill create the largest CMBS debt restructuring practice in NorthAmerica. Additionally he will represent equity, debt, andstructured finance clients with a primary focus on the West. Hewill work closely with the Phoenix, Los Angeles and Dallas offices,and will also assist in other regions where he has been active.Kline will be based in Cushman & Wakefield's Phoenix office.

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As CEO of RW Kline Companies, Kline operated five verticaloperations with 60 associates and 11 offices. He has facilitatedmore than 600 note sales, acquisitions and more than $8.7 billionin restructurings. He and his capital markets team at RWKline Capital placed more than $3.1 billion in capital in thecommercial real estate markets in the past 18 months.

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Kline tells GlobeSt.com, “This is a great movefor our team and for our operations. There has been a paradigmchange and the big shops are going to dominate themarket. As a boutique firm, weneeded a great company to plant our domestic and international flagwith."

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Kline says the deal took some timeto put together. “There were two competing contracts, but in theend, I knew Cushman and Wakefield could grow our business how wewant to do it—with a personal touch. I did this more for my teamthan for myself,” Kline says.

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Members of the existing KlineCapital Market teams will be blended into Cushman Wakefieldoffices.

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Kline adds that his company wasmaxed out with growth and infrastructure and needed a largervehicle and platform with which to dominate the market."We needed a big partner to goto bat with, and Cushman & Wakefield has the passion and theprofessional presence. We willbe assisting in the overseas markets and growing the teamsubstantially. It's dividing and conquering, while bringing it alltogether. It really is the proverbial win-win. My daily activitieswill be 100% Cushman & Wakefield.”

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Kline says the company has the strengthand market penetration to make this a reality.

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“Cushman & Wakefield has anexcellent culture of collaboration and is recognized for both itsstrong brand and the talent of its capital markets professionals,”Kline adds. “I'm very pleased to join Cushman & Wakefield and Ilook forward to expanding our practices. I see great opportunity inleading the firm's specialized CMBS restructuring/turnaroundpractice while contributing to the growth of the overall capitalmarkets business.”

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