CBRE Group, Inc. Acquires Capstone Financial
February 13 2017 - 8:00AM
Business Wire
Acquisition of leading commercial real estate
finance and consulting firm
CBRE Group, Inc. (NYSE: CBG) today announced that it has
acquired the business of Capstone Financial Solutions LLC
(“Capstone Financial”), a national boutique commercial real estate
finance and consulting firm in the U.S. This acquisition enhances
CBRE’s debt and structured finance service offering nationally
while providing additional client service advantages in the
Midwest.
Capstone Financial provides commercial real estate financing for
all property types. Its proprietary work-flow technology platform
enables Capstone Financial to sharply reduce processing times for
commercial loans.
“Capstone Financial’s processes for quickly closing commercial
loans will be a valuable asset to CBRE,” said Brian Stoffers,
Global President, Debt & Structured Finance, Capital Markets,
CBRE. “We intend to leverage its proprietary technology platform
and process to more efficiently serve our clients on their
acquisition financing needs.”
Capstone Financial is led by Jon Faulkenberg and Shawn Givens
and has offices in Los Angeles, Indianapolis, Tampa, St. Louis,
Dallas and Kansas City.
“Combining with CBRE is an ideal situation for us and our
clients,” said Jon Faulkenberg, Principal, Capstone Financial.
“CBRE’s high-quality, full-service offering will ensure our clients
have a one-stop shop for all of their commercial real estate
needs.”
“We are very excited about the increased opportunities we will
have by being part of CBRE,” said Shawn Givens, Principal, Capstone
Financial. “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.”
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500
company headquartered in Los Angeles, is the world’s largest
commercial real estate services and investment firm (based on 2016
revenue). The company has more than 75,000 employees (excluding
affiliates), and serves real estate investors and occupiers through
approximately 450 offices (excluding affiliates) worldwide. CBRE
offers a broad range of integrated services, including facilities,
transaction and project management; property management; investment
management; appraisal and valuation; property leasing; strategic
consulting; property sales; mortgage services and development
services. Please visit our website at www.cbre.com.
Forward-Looking Statements
Certain of the statements in this release regarding the
acquisition of Capstone Financial that do not concern purely
historical data are forward-looking statements within the meaning
of the “safe harbor” provisions of the U.S. Private Securities
Litigation Reform Act of 1995. Forward-looking statements are made
based on our management’s expectations and beliefs concerning
future events affecting us and are subject to uncertainties and
factors relating to our operations and business environment, all of
which are difficult to predict and many of which are beyond our
control. Accordingly, actual performance, results and events may
vary materially from those indicated in forward-looking statements,
and you should not rely on forward-looking statements as
predictions of future performance, results or events. Numerous
factors could cause actual future performance, results and events
to differ materially from those indicated in forward-looking
statements, including, but not limited to, our ability to
successfully integrate Capstone Financial with our existing
operations in the U.S., as well as other risks and uncertainties
discussed in our filings with the U.S. Securities and Exchange
Commission (SEC). Any forward-looking statements speak only as of
the date of this release. We assume no obligation to update
forward-looking statements to reflect actual results, changes in
assumptions or changes in other factors affecting forward-looking
information, except to the extent required by applicable securities
laws. If we do update one or more forward-looking statements, no
inference should be drawn that we will make additional updates with
respect to those or other forward-looking statements. For
additional information concerning factors that may cause actual
results to differ from those anticipated in the forward-looking
statements and other risks and uncertainties to our business in
general, please refer to our SEC filings, including our Quarterly
Report on Form 10-Q for the quarter ended September 30, 2016, and
our Annual Report on Form 10-K for the fiscal year ended December
31, 2015. Such filings are available publicly and may be obtained
from our website at www.cbre.com or upon request from the CBRE
Investor Relations Department at investorrelations@cbre.com.
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CBRE Group, Inc.Robert McGrath+1 212 984
8267robert.mcgrath@cbre.com
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