CWCapital Investments Hires Hugh Hall to Develop Mortgage Investment Business
2008-11-20 23:22:05 -
www.cwcapital.com - CWCapital Investments (CWCI), a full service, commercial real estate investment management firm, announced that it has hired Hugh Hall as Managing Director. Hall will report to CWCI President Charles Spetka, and will be working to develop new capital sources and investment opportunities for CWCI, including the creation of a third-party, managed fund focused on mortgages and senior debt.
Mr. Hall was a founder of Gramercy Capital Corp. and served as its Chief Operating Officer until its merger with American Financial Realty Trust (AFR) in April 2008. He is a 14-year veteran of the commercial real estate industry, having started his career at Cadwalader, Wickersham and Taft, LLP and Credit Suisse. He has extensive experience in the real estate debt market, high-yield investments and securitization. In 2004, he partnered with SL Green Realty Corp. to launch the initial public offering of Gramercy Capital Corp. (NYSE: GKK) and grew it into one of the largest specialty finance companies operating in the commercial real estate space.
"We are pleased to have Hugh join the CWCI team," stated Spetka. "Hugh brings his longstanding relationships with the capital markets and investors alike, and his expertise in commercial real estate finance. We are confident that CW"s capabilities coupled with Hugh"s creativity will be a winning combination in our ongoing efforts to expand our product and capital base, as well as CW"s overall presence in the marketplace."
Mr. Hall commented that "CWCI is a unique platform whose focus on credit risk management and vertical integration gives it a substantial advantage in this market. Its ability to assess and manage risk cannot be replicated. I am excited about joining the CWCI team to help create investment vehicles that allow our clients to take advantage of the company"s tremendous operational strength and achieve superior risk-adjusted returns."
Mr. Hall holds Bachelor of Art degrees in Social Thought and Political Economics and Soviet and Eastern European Studies from the University of Massachusetts, as well as a Juris Doctorate from Boston University. Hugh Hall is also an Adjunct Professor for New York University.
About CWCapital Investments
CWCI is a full service real estate investment management company focusing on the investment and management of a growing range of sophisticated commercial real estate debt products including distressed debt, high-yield CMBS, mezzanine debt and senior debt. CWCI was launched in 2003 under the CW Financial Services umbrella of companies, which also includes CWCapital (lender and primary servicer) and CWCapital Asset Management (special servicer and loan management). Since its inception, CWCI has gained industry attention for its unprecedented growth and innovation. CWCI today manages a diverse real estate debt portfolio with assets under management of over $11 billion representing underlying real estate values approximating $200 billion. For more information, visit cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww ...
CWCapital Investments
Elizabeth Orcutt, 781-707-9334
Marketing Director
mailto:eorcutt@cwcapital.com