Setzer, once a senior vice president of asset management for Maier Siebel Baber, rejoined the firm from San Francisco-based Simeon Commercial Properties, where he was a partner. Prior to Simeon, Setzer was responsible for asset management, leasing and marketing of the Bay Area portfolio for Paragon Group, which was subsequently acquired by Insignia. Setzer was not immediately available for comment.

Located at One Embarcadero Center, Maier Siebel Baber offers advisory services in the fields of asset management, acquisitions, tax-deferred exchanges, dispositions, and strategic planning and analysis. The company is a division of U.S. Trust Company N.A., which is a wholly owned subsidiary of The Charles Schwab Corp.