Before he founded MJC in 2007, Cicco spent 29 years at Merrill Lynch, ultimately rising to vice chairman of global commercial real estate and global head of real estate investment banking. MJC has focused on IPO and M&A assignments within commercial real estate, especially the hospitality sector. Two MJC employees, Greg Brooks and Robert Klein, also will be joining Evercore as a managing director and VP, respectively.

In a release, Evercore vice chairman Eduardo Mestre says that adding Cicco and his team "broadens Evercore's industry and sector coverage to commercial real estate where there is a substantial opportunity for M&A, restructuring and capital raising advice as the industry continues to recover. We are fortunate he will be joining Evercore to head our real rstate business. Marty and his team bring to Evercore a deep client base and a proven track record of success in delivering independent advice to real estate clients."

The MJC deal is one of a number of acquisitions or hires Evercore has made lately, consistent with what CEO Ralph Schlosstein says in a release is the company's philosophy on growing its advisory business. In February, Evercore acquired Neuberger Berman's private funds placement group, which focuses on commercial rel estate among other areas. On Thursday, the company also announced the hiring of F. Perkins Hixon, who will launch a mining, metals and materials practice group there.

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Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.