CBRE appoints Pacific Head of Debt and Structured Finance platform
CBRE appoints Pacific Head of Debt & Structured Finance platform
| 20 December 2017
CBRE has appointed property finance professional Andrew McCasker to lead its Debt & Structured Finance business in the Pacific region.
Mr McCasker brings 20 years of experience in the property finance and banking sector, with his most recent position being the CEO of RF Eclipse, where he managed capital inflows and lending demand for the firm’s mortgage fund. RF Eclipse is a leading Australian mortgage fund, acquired by RF Capital following the sale of the Roberts family interest in Multiplex Group to Brookfield Asset Management.
CBRE Executive Managing Director, Investor Services, Mark Granter said Mr McCasker’s appointment would provide significant opportunity to drive the continued growth of the firm’s Debt & Structured Finance platform in Pacific.
“With strong connections in both the Australian and South East Asian property finance and lending sector, Andrew has extensive experience and market intel that will help grow our existing loan servicing portfolio, which currently stands at AU$1.65 billion (29 loans) in Pacific,” Mr Granter said.
“Andrew’s appointment comes during a time of major opportunity in the Pacific debt and lending market, with pullback from the major banks and institutions providing significant scope for growth in the non-banking finance sector.”
Globally, CBRE’s Debt & Structured Finance team has completed more than US$39.4 billion in loan origination and loan sales this year, and currently services in excess of US$140 billion in real estate loans.
Prior to his role at RF Eclipse, Mr McCasker held a variety of executive positions with National Australia Bank (NAB) over the span of 13 years, including the senior roles of General Manager Private Bank, Asia; Regional Business Executive Institutional Bank, South East Asia; and Head of Property Finance, Queensland.
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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 more than 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.