"In light of the current market conditions, we wanted to be more nimble for our clients and still have an affiliation with a global provider of real estate services," Peter Waldt, managing partner of DWH, tells GlobeSt.com. "It seemed like the perfect marriage."

Waldt and managing partner Robert Hutchinson previously managed C&W's development consulting group in the New York/New Jersey region before forming DWH a few months ago. Ronnie Davis and Bill Braun, also previously members of C&W's development consulting group, are serving as DWH-affiliated consultants. They're based in Atlanta and Chicago, respectively.

The DWH team, based in New York and New Jersey, focuses on transit-oriented development for both private- and public-sector clients, asset repositioning and optimization and sustainability services including brownfields redevelopment, solar power development and energy use reduction. Currently, DWH is engaged in projects in California, Colorado, Illinois, New Jersey, New York, Pennsylvania, South Carolina and Texas as well as in Puerto Rico, Ontario and Latin America. These are being handled independently and in conjunction with C&W's global consulting, brokerage, capital markets and client solutions groups.