(To read more on the debt and equity markets, click here.)

NEW YORK CITY-Sonnenblick Goldman has formed a wholly owned subsidiary, SG Real Estate Securities LLC, to deal with issues related to securities. The firm has been formally accepted by the National Associations of Securities Dealers as a registered broker dealer. Douglas Hercher serves as president of SG Real Estate Securities and a managing director and principal of Sonnenblick Goldman.

“Our client base is thinking about ways to expand their businesses, raise capital more efficiently, and just generally take full advantage of the opportunities they see,” Hercher explains. “In order to meet those demands, it was critical that we create a registered broker dealer.”

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