Cushman & Wakefield is bolstering its bench in New Jersey, hiring a team from Progress Capital as part of the brokerage's effort to extend its debt-and-capital markets services across the tristate region.
The Progress group led by Kathy Anderson, Brad Domenico and Brian Anderson will be part of Cushman's Equity, Debt & Structured Finance unit, focusing on expanding coverage in New Jersey, Connecticut, Long Island and upstate New York. The team will be based out of Cushman's East Rutherford, New Jersey, office, according to Cushman.
"The strategic addition of the team led by Kathy, Brad and Brian marks a pivotal step in our ambitious growth plan within New Jersey,” Peter Bronsnick, Cushman's managing principal of New Jersey, Pennsylvania and Delaware, said in a statement. “This new team will not only enhance our capital markets capabilities but also elevate our ability to serve a wide range of clients with unparalleled expertise."
Kathy Anderson exited Tinton Falls, New Jersey-based Progress to join Cushman as vice chair. She has more than 25 years of banking and finance lending experience, according to Cushman, as well as expertise in originating and structuring commercial loans. She serves on the board at Regal Bank.
Domenico, also joining Cushman as vice chair, brings a Wall Street background and expertise in commercial real estate. He is experienced in permanent, construction and bridge financing, according to Cushman.
Brian Anderson, who will serve as executive managing director at the brokerage, has extensive knowledge in commercial real estate financing, allowing him to provide optimal funding sources for all types of funding requests, Cushman said. A Boston University Questrom School of Business graduate, Anderson has expertise in underwriting and negotiating, making for timely closings with favorable terms.
The new team will partner with Cushman's tristate investment sales team led by Andy Merin, David Bernhaut and Gary Gabriel, as well as the head of Equity, Debt & Structured Finance, Rob Rubano. Gideon Gil will continue leading the Equity, Debt & Structured Finance business in New York City, and John Alascio will continue to focus on institutional client accounts across the Northeast.
“Their experience and strong client relationships will bolster our capital markets capabilities across the region," Alascio said in a statement. "The addition of their team enhances our ability to offer a comprehensive range of services to our clients, ensuring seamless integration across the Northeast.”