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CCRE Press Release
CCRE Plans Expansion into Investment Management Business
Hires Industry Veteran Chris A. Milner as Head of Investment Management
New York, NY - March 11, 2013
New York, NY - March 11, 2013-Cantor Commercial Real Estate ("CCRE") today announced the appointment of Chris A. Milner as Head of Investment Management. With over 20 years of experience in real estate debt, equity and capital markets, Mr. Milner, will lead the firm's expansion into investment management and report to Anthony Orso, Chief Executive Officer of CCRE.
"Investment Management is a logical extension of CCRE's established national platform and will be a critical component of our business model. We are very excited to have Chris join our senior management team to lead the development of this business and believe CCRE will benefit greatly from his institutional perspective and experience," said Mr. Orso. "We expect Chris' extensive knowledge and strong industry relationships will add immediate value to the team, and further our ability to provide outstanding resources and services to our clients."
Mr. Milner spent 14 years at BlackRock, Inc. and was a co-founder of their Commercial Real Estate Debt business, Global Head of CRE Debt, and President of the Carbon Capital series of private real estate debt funds. In addition, he was responsible for global CRE debt portfolio management across all BlackRock accounts. Earlier, he held several senior positions at PNC Real Estate Capital Markets, where he co-founded the CMBS Program and was responsible for origination, underwriting and securitization of all commercial mortgage conduit production, and the resolution of distressed commercial real estate loans. Mr. Milner was also a member of the M & A teams at PNC which acquired BlackRock and Midland Loan Services.
Mr. Milner added, "During my tenure at BlackRock and PNC I was able to learn a great deal from some of the very best minds in investment management and commercial real estate lending. I hope to further contribute to the growth of CCRE and build on the firm's successes and world class commercial real estate platform."
CCRE, an affiliate of Cantor Fitzgerald, L.P., is a fully-integrated commercial real estate finance company providing innovative financing solutions to the real estate capital markets. CCRE originates competitively underwritten fixed- and floating-rate mortgages and mezzanine loans secured by diverse asset types in most major U.S. markets. CCRE is capitalized by strong institutional sponsorship including affiliates of CIM Group and Cantor Fitzgerald, L.P., and is led by an experienced team of real estate professionals with extensive track records originating, structuring, managing and distributing commercial real estate loans in various economic cycles. For more information, visit www.cantorcre.com.
Katie Royce, CFA
Director of Investor Relations
Vice President, Communications & Marketing
CCRE is led by an experienced team of real estate professionals, the majority of whom have worked together in the past. CCRE's Senior Managers have extensive track records originating, underwriting, structuring, managing and securitizing commercial real estate loans in various economic cycles.