LOS ANGELES--(BUSINESS WIRE)--CBRE Group, Inc. (NYSE: CBG) today announced that it has acquired the business of Capstone Financial Solutions LLC (“Capstone Financial”), a national boutique commercial real estate finance and consulting firm in the U.S. This acquisition enhances CBRE’s debt and structured finance service offering nationally while providing additional client service advantages in the Midwest.
Capstone Financial provides commercial real estate financing for all property types. Its proprietary work-flow technology platform enables Capstone Financial to sharply reduce processing times for commercial loans.
“Capstone Financial’s processes for quickly closing commercial loans will be a valuable asset to CBRE,” said Brian Stoffers, Global President, Debt & Structured Finance, Capital Markets, CBRE. “We intend to leverage its proprietary technology platform and process to more efficiently serve our clients on their acquisition financing needs.”
Capstone Financial is led by Jon Faulkenberg and Shawn Givens and has offices in Los Angeles, Indianapolis, Tampa, St. Louis, Dallas and Kansas City.
“Combining with CBRE is an ideal situation for us and our clients,” said Jon Faulkenberg, Principal, Capstone Financial. “CBRE’s high-quality, full-service offering will ensure our clients have a one-stop shop for all of their commercial real estate needs.”
“We are very excited about the increased opportunities we will have by being part of CBRE,” said Shawn Givens, Principal, Capstone Financial. “The same high level of service our clients have come to expect will be enhanced by the products and services we will be able to offer as we grow our national team as part of CBRE. We look forward to the future and growth of CBRE|Capstone.”
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 approximately 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.
Certain of the statements in this release regarding the acquisition of Capstone Financial that do not concern purely historical data are forward-looking statements within the meaning of the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are made based on our management’s expectations and beliefs concerning future events affecting us and are subject to uncertainties and factors relating to our operations and business environment, all of which are difficult to predict and many of which are beyond our control. Accordingly, actual performance, results and events may vary materially from those indicated in forward-looking statements, and you should not rely on forward-looking statements as predictions of future performance, results or events. Numerous factors could cause actual future performance, results and events to differ materially from those indicated in forward-looking statements, including, but not limited to, our ability to successfully integrate Capstone Financial with our existing operations in the U.S., as well as other risks and uncertainties discussed in our filings with the U.S. Securities and Exchange Commission (SEC). Any forward-looking statements speak only as of the date of this release. We assume no obligation to update forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information, except to the extent required by applicable securities laws. If we do update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. For additional information concerning factors that may cause actual results to differ from those anticipated in the forward-looking statements and other risks and uncertainties to our business in general, please refer to our SEC filings, including our Quarterly Report on Form 10-Q for the quarter ended September 30, 2016, and our Annual Report on Form 10-K for the fiscal year ended December 31, 2015. Such filings are available publicly and may be obtained from our website at www.cbre.com or upon request from the CBRE Investor Relations Department at email@example.com.