Los Angeles
CBRE Global Investors Expands Credit Strategies Platform
01 Oct 2018
CBRE Global Investors announced today that Todd Sammann has joined the firm as an Executive Managing Director to lead the Credit Strategies platform in the Americas.
Sammann, a leader in real estate finance, joins the firm from Narrative Capital Management, which he founded in 2015. Prior to forming Narrative Capital, Sammann was a Principal and Head of Credit Strategies at Colony Capital from 2008-2015. Previously, Mr. Sammann was Head of U.S. Large Loan CMBS at Deutsche Bank from 2002-2008 and Vice President at Goldman, Sachs & Co. from 1996-2002. During his 20-plus-year career he has deployed more than $50 billion across a variety of debt strategies and investment vehicles and has launched and led specialty finance companies.
“Todd is an experienced real estate investment professional with deep expertise in real estate credit strategies,” said Vance Maddocks, CEO-Americas, CBRE Global Investors. “Additionally, his focus on client outcomes and his fiduciary mindset are a strong cultural fit for CBRE Global Investors.”
Sammann will be joined by colleagues from Narrative with extensive experience in real estate credit investment and management, including Charles Kim and Ed Paje in Los Angeles and Christian Fuqua and Eric Anderson in New York.
CBRE Global Investors has been investing in credit strategies in the Americas since 2009 with over $1 billion in credit investments. Adding Sammann and his team to the platform shows the firm’s commitment to building an industry-leading credit platform.
“Our investor clients look to us to provide a breadth of real estate opportunities across the real estate and real assets spectrum and to do so at a high level,” said David Morrison, CIO-Americas for CBRE Global Investors. “We continue to see long-term structural trends in the markets that provide excellent opportunities for our investor base to make real estate credit strategies a larger portion of their overall real estate and real asset portfolio.”
About CBRE Global Investors
CBRE Global Investors is a global real asset investment management firm with $101.7 billion in assets under management* as of June 30, 2018.
CBRE Global Investors is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBRE). It harnesses the research, investment sourcing and other resources of the world’s premier, full-service commercial real estate services and Investment Company for the benefit of its investors. CBRE Group, Inc. has more than 80,000 employees in approximately 450 offices (excluding affiliates) worldwide. For more information about CBRE Global Investors, please visit www.cbreglobalinvestors.com.
*Assets under management (AUM) refers to the fair market value of real asset-related investments with respect to which CBRE Global Investors provides, on a global basis, oversight, investment management services and other advice and which generally consist of investments in real assets; equity in funds and joint ventures; securities portfolios; operating companies and real asset-related loans. This AUM is intended principally to reflect the extent of CBRE Global Investors’ presence in the global real asset market, and its calculation of AUM may differ from the calculations of other asset managers.
Sammann, a leader in real estate finance, joins the firm from Narrative Capital Management, which he founded in 2015. Prior to forming Narrative Capital, Sammann was a Principal and Head of Credit Strategies at Colony Capital from 2008-2015. Previously, Mr. Sammann was Head of U.S. Large Loan CMBS at Deutsche Bank from 2002-2008 and Vice President at Goldman, Sachs & Co. from 1996-2002. During his 20-plus-year career he has deployed more than $50 billion across a variety of debt strategies and investment vehicles and has launched and led specialty finance companies.
“Todd is an experienced real estate investment professional with deep expertise in real estate credit strategies,” said Vance Maddocks, CEO-Americas, CBRE Global Investors. “Additionally, his focus on client outcomes and his fiduciary mindset are a strong cultural fit for CBRE Global Investors.”
Sammann will be joined by colleagues from Narrative with extensive experience in real estate credit investment and management, including Charles Kim and Ed Paje in Los Angeles and Christian Fuqua and Eric Anderson in New York.
CBRE Global Investors has been investing in credit strategies in the Americas since 2009 with over $1 billion in credit investments. Adding Sammann and his team to the platform shows the firm’s commitment to building an industry-leading credit platform.
“Our investor clients look to us to provide a breadth of real estate opportunities across the real estate and real assets spectrum and to do so at a high level,” said David Morrison, CIO-Americas for CBRE Global Investors. “We continue to see long-term structural trends in the markets that provide excellent opportunities for our investor base to make real estate credit strategies a larger portion of their overall real estate and real asset portfolio.”
About CBRE Global Investors
CBRE Global Investors is a global real asset investment management firm with $101.7 billion in assets under management* as of June 30, 2018.
CBRE Global Investors is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBRE). It harnesses the research, investment sourcing and other resources of the world’s premier, full-service commercial real estate services and Investment Company for the benefit of its investors. CBRE Group, Inc. has more than 80,000 employees in approximately 450 offices (excluding affiliates) worldwide. For more information about CBRE Global Investors, please visit www.cbreglobalinvestors.com.
*Assets under management (AUM) refers to the fair market value of real asset-related investments with respect to which CBRE Global Investors provides, on a global basis, oversight, investment management services and other advice and which generally consist of investments in real assets; equity in funds and joint ventures; securities portfolios; operating companies and real asset-related loans. This AUM is intended principally to reflect the extent of CBRE Global Investors’ presence in the global real asset market, and its calculation of AUM may differ from the calculations of other asset managers.