SAN FRANCISCO-Steven Weilbach has joined Cushman & Wakefield as senior managing director of capital markets and head of the firm’s growing multifamily practice as US multifamily practice leader. He will be based in San Francisco.
Weilbach is a 20 year veteran of the commercial real estate industry with extensive experience in the multifamily property sector. In his most recent position, he was a principal, managing director and CIO of Pacific Property Co., based in Palo Alto, CA.
At Pacific, Weilbach directed all investment activity for the firm. During his tenure, the firm acquired more than 100 multifamily properties valued at more than $2.4 billion, many in joint ventures with the leading institutional equity investors in the multifamily space. At Cushman & Wakefield, he will be responsible for overseeing the firm’s continued growth in the multifamily arena, directing strategic initiatives, business development and client service.
“We are very pleased to welcome Steve to Cushman & Wakefield and to bring a professional of his caliber to our multifamily platform,” says Cushman & Wakefield EVP and global head of capital markets, Greg Vorwaller. “His appointment underscores our commitment to growing our presence within this important property sector.”
The appointment of Weilbach follows closely the announcement on May 10 of a strategic alliance between Cushman & Wakefield and Walker & Dunlop, focused on multifamily Agency financing and investment sales, as GlobeSt.com previously reported.
“Cushman & Wakefield has clearly made a renewed and significant commitment to the multifamily sector,” Weilbach points out. “This is a company with a great brand and leadership position in the industry on a global basis, and I’m excited to be a part of the team pursuing an aggressive growth strategy and building around some of the highest-caliber multifamily talent in the industry, many of whom I’ve had the privilege of working with previously.”
Prior to Pacific Property Co., Weilbach held several senior acquisitions positions for SSR Realty Advisors (now BlackRock), in San Francisco. During his seven years with the pension fund advisory firm, he directed acquisition and disposition activity in both the Western and Eastern United States for SSR’s Multi-Housing Operating Co. Previously, he also worked for Wald/Nickell Realty Advisors and Langdon Rieder Corporate Real Estate Services, both in Los Angeles. He started his career as a consultant with Cresap/Towers Perrin Management Consultants.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 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.
Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
