Elaine Philis is a Managing Director at CBRE Capital Advisors, Inc., the real estate investment banking unit of CBRE Group. Ms. Philis has a diverse range of real estate experience including capital raising, debt placement and commercial real estate law. She focuses primarily on institutional capital raising.
Ms. Philis has raised more than $1 billion in equity commitments for real estate funds, joint ventures and separate account structures. Prior to joining CBRE, Ms. Philis raised institutional capital for TGM Associates, Lend Lease, Westbrook and Tishman Speyer. She handled both domestic and international investors for projects including, a multifamily specific value added separate account, two emerging market funds, a global opportunistic fund, a 22 office building portfolio, infrastructure/energy projects and numerous joint venture transactions. Investors include corporate and state pension funds, endowments, foundations, sovereign wealth funds and insurance companies.
In addition, Ms. Philis participated in the placement of more than $2.2 billion in debt during her six year tenure at HFF in New York City. Lenders included an array of insurance companies, banks, pensions funds and CMBS platforms.
Earlier in her career, Ms. Philis worked as a commercial real estate attorney, primarily in-house at CIGNA, Inc., where she closed more than $800 million in first mortgage loans on regional malls, industrial and office properties.