Daily market intelligence on mortgages, equity raising, investment sales, and CMBS.

Tuesday, 30 September 2003

Baxter, Cohen Join Cushman & Wakefield

The two, among the most active investment-sales professionals in New York, have moved to Cushman & Wakefield. They're the latest investment-sales execs to leave CB Richard Ellis since its purchase of Insignia Financial.
October 1, 2003

By Susanna Potter, Commercial Real Estate Direct Staff Writer

The Manhattan-based investment sales team of Richard Baxter and Yoron Cohen are leaving CB Richard Ellis to join Cushman & Wakefield.

The brokers had been members of the New York-based investment sales team at Insignia/ESG before that firm merged into CB Richard Ellis and where they were both executive vice presidents.

Baxter and Cohen joined Cushman & Wakefield today as executive directors and took with them a team of seven that includes junior brokers Nat Rockett and Heather Brownfeld. They expect to be operating out of their new offices at C&W's midtown headquarters by Friday.

Baxter and Cohen's departure from CB Richard Ellis follows a similar move last week by Woody Heller, another former Insignia/ESG sales broker, who joined Studley. Heller – who heads Studley's new capital transactions group – took with him two associates: Carly Borg and Will Silverman.

The executive moves...


“The Weekly”

“The Weekly” is Commercial Real Estate Direct’s PDF newsletter, sent to subscribers every Friday morning. With over 100 news stories published on Commercial Real Estate Direct each week, “The Weekly” features the top stories in commercial real estate that industry participants need to know first. “The Weekly” also contains:

  • Breaking mortgage, CMBS, and REIT news

  • Quarterly league tables with rankings of B-piece buyers, book runners, and lenders

  • Industry moves and changes in “The Insider“

Data Digest







Top Bookrunners
Private-Label CMBS - FY2014
Inv Bank #Deals Bal $mln MktShr%
Deutsche Bank 27.1  23,479.37 26.3
JPMorgan 18.6  13,752.01 15.4
Wells Fargo 17.2  13,085.05 14.6
Goldman Sachs 9.0  7,896.25 8.8
Citigroup 9.1  7,526.97 8.4





cppichart FP





Top Loan Contributors
Private-Label CMBS FY2014
Lender Vol $mln MktShr%
Deutsche Bank 14,005.13 16.0
JPMorgan 11,440.63 13.0
Wells Fargo 5,849.16 6.7
CCRE 5,750.69 6.6
Citigroup 5,604.13 6.4





  • Challenging Retail Environment Weights on REITs
    Mixed economic news is weighing on retail markets, pushing REIT performance down in 2015. This week, the National Retail Federation announced that back-to-school spending is expected to be down 9.3% in 2015. This news came on the heels of a report from the Commerce Department stating that retail sales declined 0.3%...
  • US REITs Feeling Effects from Turmoil in Greece and China
    International economic forces have taken center stage this week, affecting both US stock markets and REITs. The crash in the Chinese stock market and ongoing concerns about the future of Greece in the eurozone drove markets down during the first half of the week. REITs fared better than the overall market...

  • What Does Increased Construction Mean for Apartment REITs?
    REITs so far this year have raised $17.1 billion of capital through the sale of unsecured notes, bringing the total raised over the past two and a half years to just more than $75 billion. That’s more than they raised during the previous five years. The massive volume shouldn’t be a surprise as it comes while the yield from 10-year Treasury bonds, the benchmark...
shouldn’t be a surprise as it comes while the yield from 10-year Treasury bonds, the benchmark against which most REIT’s price their bonds