SAN FRANCISCO–Alan Bear and Ginn Downing have joined Ackman-Ziff Real Estate Group as managing directors in the firm’s recently opened San Francisco office. This new office offers clients access to additional sources of capital and a larger audience of real estate owners and developers seeking to raise capital.

Patrick Hanlon, who oversees the San Francisco market as a principal of Ackman-Ziff, tells GlobeSt.com: “Northern California has consistently been one of our best market outside of New York, due to dynamic fundamentals of the market, coupled with our capacity to work with the most sophisticated owners in the region; the opening of our permanent office in San Francisco concurrent with the hiring of superior local talent is a testament to our commitment to the market and will enhance our ability to serve our clients’ structured debt and joint venture equity requirements for the long term.”

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