X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

LOS ANGELES-Shane Cates has been named managing director for acquisitions at Bentley Forbes, becoming one of two execs to take on new posts in the L.A. commercial real estate world. The other is Dirk Aulabaugh, who has joined the Real Estate Advisory Services group of Alvarez & Marsal in Los Angeles as a senior director.

Cates, who formerly was SVP of mortgage finance at Bentley Forbes, has been with the investment firm for seven years. His new responsibilities will include identifying acquisition targets, transaction processing and mortgage finance.

Cates has served in various executive capacities with Bentley Forbes during the past seven years, both in acquisitions and mortgage finance, notes David Cobb, president of the company.Since joining the firm in 1998, Cates has been directly involved in commercial real estate investment transactions valued in excess of $1.5 billion, primarily working on the acquisition, disposition and mortgage finance of office, industrial and retail properties.

Bentley Forbes, which is focused on acquiring multitenant class A office properties in major markets across the nation, formerly concentrated on single tenant property acquisitions in sale-leasebacks and net lease deals. The firm is now an active investor in the class A office, high quality industrial/warehouse and trophy retail property categories.

At Alvarez & Marsal, Aulabaugh has joined the firm from Huron Consulting Group, where he was responsible for real estate services on the West Coast. He specializes in providing strategic real estate counseling advice to a national client base including corporations, real estate investors/developers and major REITs.

Over the course of his 14-year career, Aulabaugh has advised on sale-leaseback opportunities, performed disposition management services, conducted due diligence in preparation of purchase negotiations and advised debtors and creditors on a variety of real estate issues.

Alvarez & Marsal’s Real Estate Advisory Services group provides a range of services including transaction advisory consulting for real estate buyers, sellers, investors and lenders; restructuring and real estate litigation services; and a host of other specialties.

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
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

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 © 2020 ALM Media Properties, LLC. All Rights Reserved.