C&W Sonnenblick Goldman Expands US Platform

[IMGCAP(1)]NEW YORK CITY-Locally based Cushman & Wakefield Sonnenblick Goldman will expand its US platform into new markets in order to help meet increasing demand for access to debt and equity capital sources, the firm says. The company, formed after Cushman & Wakefield’s acquisition of a majority interest in Sonnenblick Goldman in 2007, is expanding its operations to Los Angeles and Atlanta this month. The firm’s current offices include New York City, San Francisco, Boston, Chicago and Washington, DC.

[IMGCAP(2)]The two new offices are already under the Cushman & Wakefield banner, but will now include CWSG’s investment banking teams. The expansion into the Los Angeles and Atlanta markets “will allow the firm to more efficiently provide its debt and equity placement, as well as hotel sales services to clients in the respective regions,” according to a prepared statement.

According to Thomas MacManus, CEO and chairman of CWSG, “during these times of capital market uncertainty, investors are putting greater reliance on recapitalizations, refinancings, capital raising and joint venture structuring as well as loan sales and advisory services, in order to enhance their capital position.”