Industry Veterans Andy Scott, Michael Cosby and Kris Lowe join as Vice Chairs in Dallas
Dallas, TX – CBRE announced today the expansion of its Debt & Structured Finance team in Dallas with the addition of Andy Scott, Michael Cosby and Kris Lowe as Vice Chairs, an industry-leading team with more than 50 years of combined commercial real estate finance experience.
The team has an exceptional track record of executing complex commercial real estate financing transactions nationwide, having closed transactions totaling more than $60 billion throughout their careers. Cosby, Lowe and Scott will focus on expanding CBRE’s Debt & Structured Finance capabilities across Texas by originating and executing debt and equity placement transactions across all property types, with a particular emphasis on multifamily assets.
“With the addition of Andy, Michael, and Kris, we have significantly enhanced our ability to deliver customized financing solutions for clients across the entire capital stack, secured directly or indirectly by large portfolios, single assets, and mixed-use properties,” said James Millon, Co-Head of U.S. and Canada Capital Markets. “CBRE remains committed to strategically investing in top talent, driving growth across our resilient Capital Market businesses, which continue to benefit from enduring secular tailwinds.”
With the addition of Michael, Kris, and Andy, we have significantly enhanced our ability to deliver customized financing solutions, leveraging their deep expertise in complex transactions and the strength of the CBRE platform to consistently achieve outstanding results for our clients,”
The team joins CBRE from JLL, where they served as Senior Managing Directors following the firm’s acquisition of HFF in 2019.
“This is an important strategic investment in our debt and structured finance team that strongly positions us for growth as capital market conditions improve,” said Kelly Whaley,Senior Managing Director for Investor Services. “Michael, Kris and Andy are highly-regarded as leading industry experts and their ability to consistently deliver successful client outcomes further allows us to deliver unparalleled debt solutions and solidfy our leadership in the industry.”
Dallas-Fort Worth has consistently ranked as the top preferred market for investor capital over the past four years, according to CBRE’s U.S. Investor Intentions Survey. Among investors surveyed, 72% reported targeting multifamily properties for investment, followed by 37% for industrial & logistics and 27% for retail.