X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

JACKSONVILLE, FL-John C. Cushman III, chairman of the board of Cushman & Wakefield, has taken the job of chairman of alternative asset investment management company Rock Creek Capital. Cushman’s appointment means former chair and current CEO and founder James H. Dahl can spend more time structuring and negotiating deals.

“I really view John as a partner who will help me source deals,” Dahl tells GlobeSt.com. “It also allows us to compare notes as we figure out where we want to be investing.” Because of Cushman’s contacts in the industry and wealth of experience, Dahl says the chairman position is a natural fit for the Los Angeles-based Cushman. “It’s more logical for me, now, to make a lateral move, and be more of a line guy,” Dahl says.

Though Cushman is in Los Angeles, Dahl says there are no active plans to bring him to Jacksonville, where Rock Creek Capital is headquartered. “The one thing we have in common is that our offices are our cell phones, and we’re always moving,” Dahl acknowledges.

He also acknowledges he’d only met Cushman about a year ago, but, like many others, knew of him. Dahl and Cushman have many mutual friends. When the two men were finally introduced, Dahl’s first response was how much fun it would be to work with Cushman.

“We already had the platform in place, and John likes land deals,” Dahl explains. “A lot of John’s friends and clients are land people.”

Rock Creek Capital was launched in 1992 to acquire and maintain resource-rich land (such as timberland , land with water or land with mineral rights), then enhance value through repositioning, active management and resource enhancement. The goal, Dahl says, is responsible stewardship for the land and what’s on it.

“Conservation is huge these days,” Dahl goes on to say. “Many high-net worth individuals are placing conservation easements on their properties, or have land trusts all over the country. Thousands of acres are being permanently protected as a result.” He notes that Rock Creek Capital is working on closing two large land transactions, but declined to mention specifics, noting he is still involved with negotiations.

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

*May exclude premium content
Already have an account?

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 © 2021 ALM Media Properties, LLC. All Rights Reserved.