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Transwestern boosts capital markets team

US real estate firm Transwestern continues to build its capital markets team with two senior hires: ex Grubb & Ellis head of debt and structured finance Matthew Schnurr and former head of capital markets at Advance Reality Group Gary Sopko.

Matthew Schnurr has joined the capital markets arm of New York-based Transwestern Northeast, to focus on equity and debt transactions, particularly in the sale of multifamily and mixed-use property, while Gary Sopko has joined to specialise in structured finance transactions, sourcing and underwriting commercial real estate transactions.

Schnurr and Sopko, both of whom will work as managing directors, will report to president of Transwestern’s Northeast division Patrick Robinson.

Prior to joining Transwestern, Schnurr worked as a managing director of capital markets at Institutional Services Group of Grubb & Ellis Company. Before that, he worked as a managing director of commercial real estate financing in the Institutional Properties Group of CB Commercial Real Estate Group.

Sopko was previously head of Acquisitions and Capital Markets for Advance Realty Group, and has sourced, underwritten, structured over $6 billion worth of commercial real estate transactions.

The real estate firm has “experienced rapid growth in all service lines since its inception only two years ago,” according to Robinson.

He believes the group now has the “strong foundation in sales, investment banking, structured finance, principal ownership and development, as well as a demonstrated ability to source and secure highly desirable investments,” he added.