Search
 

GE Keeps Slow and Steady Pace

NEW YORK CITY-Adding staff to offices here and in Washington, DC is part of GE's strategy for its long-term platform to grow the business in a prudent manner.

By Barbara Jarvie | Updated on May 08, 2005

NEW YORK CITY-GE Commercial Finance Real Estate is on target to meet it goals for the year “prudently,” Ed Coco, manager, east region, tells GlobeSt.com. Part of that strategy includes adding key players here and in Washington, DC as well as new programs. “We have a long-term platform to grow the business prudently. We believe we can still rise and grow in a very competitive market.”

Coco adds that the company has “traditionally been a vanilla lender and is looking to expand its CMBS business.” The firm strategically aligns with key clients and develops the relationship over time.

The firm brought on six executives within the New York office of the North America Debt group, which now totals 12. Coco says he doesn’t need headhunters because he keeps his eyes on people within and without the company and waits until the right program is in place for the right people. Coco tells GlobeSt.com exclusively of new additions in the Washington, DC office, which has more than doubled its sales volume. “We’re both developing young people into top producers and adding those in senior roles who can hit the ground running.”

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?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

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 © 2024 ALM Global, LLC. All Rights Reserved.