Property investment and finance veteran Gregory Vorwaller has joined Cushman & Wakefield global head of capital markets. He previously worked at CB Richard Ellis (CBRE), where he was chief operating officer of capital markets and president of its investment properties group. He will be based in Chicago.
Vorwaller has nearly 30 years of experience in financial services and real estate, with an emphasis on advising institutional investors on real estate investment strategies, structured finance, real estate securitization and property sales. For more than a decade at CBRE, he oversaw its investment Properties Group.
At Cushman & Wakefield, Vorwaller will be responsible for the division of the firm that specializes in representing third-party investors in the acquisition, disposition, financing and recapitalization of commercial real estate worldwide. Cushman & Wakefield maintains 231 offices in 60 countries. In 2009, its Capital Markets Group completed sales and financing transactions valued at more than $31 billion globally.
Vorwaller has deep market knowledge on a global basis, said Cushman & Wakefield president and chief executive officer Glenn Rufrano. “Our clients today are looking for a provider who can consistently deliver high quality services and market knowledge in major core and emerging markets – Greg brings that global expertise to our firm and our clients at the highest level.”
Vorwaller said he looks forward to building on Cushman & Wakefield’s capital markets capability worldwide. “This is a market in transition and the firms that emerge as leaders will be the ones that help their clients navigate the changes and capitalize on emerging opportunities.”
Earlier in his career, Vorwaller was vice president in the real estate financial department of The First National Bank of Chicago, where he was responsible for advising corporate and real estate clients on alternative financing. He is well known in the pension fund industry where he served as a senior consultant with Institutional Property Consultants, and founded a real estate consulting practice. Over the course of his career, Vorwaller has been responsible for more than $6 billion in property sales, debt financings, and sale-leaseback financings.