NEW YORK CITY-CB Richard Ellis Investors LLC has expanded its mergers and acquisitions capabilities with the creation of an investment team to provide global advisory expertise on sourcing, structuring and executing entity-level real estate transactions. This includes acquisition or recapitalization of undervalued real estate investment and development companies, joint ventures and large corporate real estate portfolios.
Building upon the company’s ground level presence in the Americas, Europe and Asia Pacific, the new team will be led by Deborah Smith and June Yu, both of whom join CBRE Investors as senior managing directors. In addition, it was announced that effective immediately, Smith and Yu would join the firm’s global leadership team, which is charged with executing the firm’s plan, according to a company statement. Smith and Yu join the firm from Lehman Brothers, where they were SVPs in the real estate mergers and acquisitions group and global real estate investment banking group.
Vance Maddocks, CEO of CBRE Investors, says the creation of the new investment team expands the firm’s existing expertise in executing major real estate investment banking transactions across its global platform.