Cushman banks on veteran to grow finance team; JLL expands Tennessee development group; Colliers taps executive to boost healthcare business

David Lancaster joined Cushman & Wakefield’s Chicago office as executive managing director in the firm’s equity, debt and structured finance, or EDSF, operations. Lancaster will provide finance advisory to production homebuilders throughout the United States, as the brokerage seeks to expand its residential finance services, the real estate services firm said. Cushman said it is growing the division as homebuilders explore new strategies to finance land acquisition and lot development.

Lancaster joined Cushman & Wakefield from Tile Capital, where he was a founding principal of the Palo Alto, California-based, family-run real estate capital advisory firm. He also previously worked as a loan originator for Builders Capital, and in senior banking positions at JPMorgan, UBS and Boston Private. He also worked as a director at Carmel Partners, a real estate private equity firm in San Francisco.

JLL appointed Erin Baber as vice president of project and development services for the Tennessee region, based in its Nashville office. Baber will oversee JLL’s tenant improvement services across Tennessee, managing projects from inception to completion, JLL said.

Baber has 15 years of industry experience, working most recently as a senior project manager at investment firm Mill Creek Residential Trust. Her duties at Mill Creek included project oversight, cost management and related operations for large-scale residential developments. She has managed more than $1 billion in projects across the Southeast. JLL said it is seeking to serve rising demand for project services particularly in the Nashville area, driven by population and investment growth in urban core and suburban areas.

CJ Kodani has joined Colliers in Denver as senior vice president of its U.S. healthcare capital markets operations. Kodani, who has more than 10 years of commercial real estate experience, joined Colliers from JLL, where he served most recently as a director in the firm’s capital markets division.

Kodani’s prior work includes healthcare investment advisory and joint venture equity placement for medical office buildings and hospitals nationwide, representing investors, care providers and developers. He will work with Executive Vice President Jordan Selbiger, as the brokerage looks to expand its operations in healthcare property financing and investments, Colliers said, because client real estate strategies have shifted with changes in demographics, technology and healthcare delivery models.

Savills appointed industry veteran Clare Flesher as managing director in its San Antonio office as part of its ongoing Texas expansion. Flesher has more than 25 years of commercial real estate experience, serving as managing director for NAI Partners in San Antonio prior to joining Savills. He served earlier in leadership positions at Travis Commercial Real Estate Services and CBRE.

Flesher’s work at Savills includes advisory services to real estate corporate tenants. He will work with Savills Regional Associate Director Will Tittmann, as the brokerage seeks to expand its services in San Antonio and South Texas, the London-based brokerage said. Savills has more than 40 North American offices, opening the San Antonio office last fall.

Heitman has hired Scott Barsky as senior vice president in its client service and marketing group. Based in Heitman's New York office, Barsky will oversee relationships with institutional investment clients in the firm’s Eastern U.S. and Canada operations. He will be focused on private real estate equity and debt transactions, along with public real estate securities strategies, the Chicago-based investment management firm said. Founded in 1966, Heitman has $48 billion in assets under management and operates 10 offices worldwide.

Barsky previously worked in North American capital raising at Sentinel Real Estate in New York, where he represented real estate investment management clients. He previously worked at Torchlight Investors and Bank of America.