FRANKFURT-Fernando Salazar has a new job. The 14-year veteran of Eurohypo AG has come to the European operations of the New York City-based Carlton Group to head up its new office here.

This will be Carlton's fifth formal office in the Euro Zone. In addition to outposts in Madrid, Milan, Tel Aviv and Athens, the investment banking firm also has a strong presence in Northern Europe and Russia. In the days since the credit crunch, Carlton lays claim to something on the order of $30 billion.

Salazar, who has originated or in some way structured transactions numbering in the billions of euros, will be responsible for originating and closing new transactions on behalf of financial institutions and individual borrowers.

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John Salustri

John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.