PHILIP RACHELS JOINS CBRE JACKSONVILLE DEBT & STRUCTURED FINANCE GROUP
Jacksonville, FL – February 7, 2014 – CBRE is pleased to announce the addition of Philip S. Rachels, Senior Vice President, to CBRE’s Debt & Structured Finance Group in Jacksonville.
“We are incredibly fortunate to have Phil join the CBRE team in Jacksonville,” said Tripp Gulliford, Managing Director, CBRE Jacksonville. “CBRE’s structured finance platform together with Phil’s experience in sourcing debt and equity across all asset classes and in multiple markets will be a tremendously valuable resource to our professionals and clients in developing comprehensive capital solutions.”
Active in commercial real estate since 1996, Rachels’ experience encompasses all property types and a wide variety of financial and ownership structures. He joins CBRE from Capital Advisors, Inc., in Jacksonville, where he was a Vice President from 2010 to 2014. In that role, he represented life insurance companies as well as CMBS lenders, banks, private equity investors and other institutional investors.
Prior to joining Capital Advisors, Inc., Rachels was the founder of Corinthian Real Estate Capital, a Jacksonville-based mortgage banking company. Prior to that, Rachels worked with Walker & Dunlop of Bethesda, Maryland, where he helped developers and investors establish relationships with institutional and high-net-worth partners. While there, Rachels was responsible for arranging financing and institutional equity investments totaling more than $2.2 billion. Prior to joining Walker & Dunlop, Rachels spent four years with Charles E. Smith Commercial Realty in Arlington, Virginia, as senior director in retail investment sales.
Rachels holds a Bachelor of Science from Hampden-Sydney College. He is an active member of the International Council of Shopping Centers and the Urban Land Institute.
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 (in terms of 2013 revenue). The Company has approximately 44,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through approximately 350 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 website at www.cbre.com.
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