Los Angeles, September 23, 2013—CBRE Group, Inc. today announced that Chris Ludeman has been named Global President, Capital Markets.
In this role, Mr. Ludeman will oversee the global growth and integration of CBRE’s Capital Markets Services business line, including its Investment Sales, Debt & Structure Finance and Capital Advisors (investment banking) activities worldwide. CBRE is the global market leader in real estate capital markets. In 2012, CBRE was the intermediary in nearly $130 billion of capital markets engagements worldwide.
CBRE is poised to further grow its capital markets business as investment capital is increasingly allocated on a global basis.
“In today’s global market environment, investors are increasingly seeking service providers that have the scale and resources to advise and execute on cross-border investment strategies,” said Mike Lafitte, Chief Operating Officer of CBRE. “Chris Ludeman will help us take full advantage of this trend. He is a highly regarded leader with deep knowledge of the real estate capital markets and strong relations with our clients and our people around the world. We are excited about the potential for our global Capital Markets business with Chris at the helm.”
Mr. Ludeman will work closely with CBRE’s Capital Markets leaders around the world to plan and execute a growth strategy that will enhance the company’s ability to serve customers with the highest levels of consistent advice and execution.
Mr. Ludeman is a 33-year veteran of CBRE, having started as a sales trainee in 1980. Most recently, he has served as President of the Capital Markets business in the Americas, which has experienced strong growth under his leadership. Before that, he ran CBRE’s Brokerage business in the Americas. Earlier in his career, Mr. Ludeman served in several regional and local market leadership positions.
He is a member of CBRE’s Global Operating Committee, Americas Executive Board and Americas Operations Management Board, and is a past recipient of the J. Frank Mahoney Award for Excellence in Management; CBRE and the James J. Didion Award for Executive Excellence. He is a graduate of the University of California, Santa Barbara.
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 2012 revenue). The Company has approximately 37,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 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.