LOS ANGELES—CBRE Group said Monday it had acquired the business of commercial real estate financing firm Capstone Financial Solutions LLC, headquartered in the St. Louis area. Terms were not disclosed; the deal enhances CBRE's debt and structured finance service offering nationally, while providing additional client service advantages in the Midwest.
The acquisition will bring Capstone Financial's proprietary work-flow technology platform, which enables the firm to shorten processing times for commercial loans, into the CBRE fold. “Capstone Financial's processes for quickly closing commercial loans will be a valuable asset to CBRE,” says Brian Stoffers, CBRE's global president, debt & structured finance, capital markets. “We intend to leverage its proprietary technology platform and process to more efficiently serve our clients on their acquisition financing needs.”
Led by Jon Faulkenberg and Shawn Givens, Capstone Financial provides financing on retail, multi-family, office, self-storage, hospitality, owner-occupied, industrial, manufactured home community, ground-up development and mixed-use properties nationwide. The company also offers commercial bank consulting and debt relocation, asset based lending, bridge and hard money loans.It's the exclusive lender on LoopNet, the New York Times, NNNEX.com and the Wall Street Journal's online commercial listings as well as a multitude of other sites and publications.
“We are very excited about the increased opportunities we will have by being part of CBRE,” says Givens. “The same high level of service our clients have come to expect will be enhanced by the products and services we will be able to offer as we grow our national team as part of CBRE. We look forward to the future and growth of CBRE | Capstone.” Faulkenberg adds that “CBRE's high-quality, full-service offering will ensure our clients have a one-stop shop for all of their commercial real estate needs.” Along with its headquarters in Clayton, MO, the firm also has offices in Los Angeles, Indianapolis, Tampa, Dallas and Kansas City.
LOS ANGELES—CBRE Group said Monday it had acquired the business of commercial real estate financing firm Capstone Financial Solutions LLC, headquartered in the St. Louis area. Terms were not disclosed; the deal enhances CBRE's debt and structured finance service offering nationally, while providing additional client service advantages in the Midwest.
The acquisition will bring Capstone Financial's proprietary work-flow technology platform, which enables the firm to shorten processing times for commercial loans, into the CBRE fold. “Capstone Financial's processes for quickly closing commercial loans will be a valuable asset to CBRE,” says Brian Stoffers, CBRE's global president, debt & structured finance, capital markets. “We intend to leverage its proprietary technology platform and process to more efficiently serve our clients on their acquisition financing needs.”
Led by Jon Faulkenberg and Shawn Givens, Capstone Financial provides financing on retail, multi-family, office, self-storage, hospitality, owner-occupied, industrial, manufactured home community, ground-up development and mixed-use properties nationwide. The company also offers commercial bank consulting and debt relocation, asset based lending, bridge and hard money loans.It's the exclusive lender on LoopNet, the
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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.
