CBRE Launches Business Lending Initiative

CBRE TO AUGMENT CAPITAL MARKETS PLATFORM WITH LAUNCH OF BUSINESS LENDING INITIATIVE

Industry Veterans Join CBRE to Lead Business Lending Group

Los Angeles – July 29, 2013 – CBRE Group, Inc. today announced that it has added to its Capital Markets service offering an owner-occupied lending capability through the Small Business Administration’s (SBA) 504 program and conventional lending sources. CBRE’s Business Lending Group will originate, underwrite and close acquisition financing of up to 90% on owner-occupied commercial properties with an appraised value of up to $15 million. These loans will offer buyers attractive financing, competitive rates and reduced closing timeframes.

“CBRE’s new lending initiative with the SBA execution augments the company’s fully integrated Capital Markets service offering, providing even greater opportunity to deliver targeted solutions for our clients,” said Brian Stoffers, CEO, CBRE Debt & Equity Finance. “We look forward to leveraging our expertise and relationships in this area to enhance our platform and drive value.”

Industry veterans Jim Pfitzinger and Dan Winzeler recently joined CBRE Debt & Equity Finance to structure and co-lead the Business Lending Group. Both professionals joined CBRE from EverBank Business Property Lending, and had previously spent 17 years in various leadership and management positions at GE Capital. As Managing Director and Chief Risk Officer of the Business Lending Group, Mr. Pfitzinger will oversee the underwriting, approval and closing processes for owner/user real estate financing via the 504 loan program and conventional lending products. He is based in St. Louis, MO. Mr. Winzeler, who also joined CBRE as Managing Director, will serve as the group’s business and sales leader, driving strategy, managing and developing the sales team, and cultivating lending-partner relationships. He will office out of Orlando, FL.

“Jim and Dan have extensive experience underwriting, closing, servicing and structuring commercial real estate debt, and bring invaluable knowledge about the SBA lending space from their time at GE Capital,” said Jeffrey Majewski, COO, CBRE Debt & Equity Finance. “They will be instrumental in enhancing our Capital Markets platform through this initiative.”

Messrs, Pfitzinger and Winzeler will spend the next several months establishing CBRE’s Business Lending Group and will augment their team with sales professionals, underwriters and support staff as the practice expands.

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 firm (in terms of 2012 revenue). The Company has approximately 37,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our Web site at www.cbre.com.