Johnson Capital Sells Denver Servicing Portfolio to CBRE

(Save the Date: RealShare Orange County 2012 comes to the Hyatt Regency, Irvine, August 16.)

DENVER-Johnson Capital of Colorado has entered into an agreement to sell the portion of the company’s servicing portfolio owned by the Denver office to CBRE Group Inc. With the Denver office now 100% controlled by Southern California-based Johnson Capital and its CEO Guy Johnson, the company has “additional flexibility to pursue growth strategies in its core business area, arranging commercial real estate financing for a wide variety of property types,” according to a prepared statement.

Guy Johnson tells GlobeSt.com that "CBRE was a natural fit," and points out that he cannot share any price point at this time. In terms of timing, he says "This was the right move at the right time."

As part of the transaction, Michael A. Cantwell, co-founding partner and Brady O’Donnell, principal will transition to CBRE effective June 15, 2012. David Treadwell, also with JCOC, will join Cantwell and O’Donnell at CBRE.    

Darren Fisk, managing director, replaces Cantwell as head of Johnson Capital’s Denver office.  A leader in the office since 2004, Fisk has produced more than $3.2 billion in debt over the time frame.

In coming months, the company is expected to add new executives with expertise in commercial real estate finance, with a focus on multifamily, retail, industrial and office projects. GlobeSt.com will follow up as more information becomes available on the new hires.

“In Denver, the commercial real estate market is strong and competitive through all of our lending platforms, including life companies, CMBS and agency lenders,” Fisk says in a prepared statement. “Local market fundamentals in Denver are rebounding at a promising pace, especially in comparison to other areas of the country,” he adds.