Brown Gibbons Lang & Co. forms real estate unit that extends the firm’s reach into investment sales - Crain's Cleveland Business
July 02 2014
Middle-market investment bank Brown Gibbons Lang & Co. of Cleveland said it has formed a new unit, Brown Gibbons Lang Real Estate Partners, that extends the firm’s existing real estate investment banking platform into investment sales.
The unit will provide advisory services to owners and investors “interested in monetizing, recapitalizing, or acquiring commercial real estate assets, as well as developers and owner-users in providing debt and equity financing solutions for new projects,” according to a Brown Gibbons news release.
“Commercial real estate investment sales is a logical extension of our growing real estate advisory team,” said Michael Gibbons, BGL founder and senior managing director, in the release. “Our clients will benefit from the strong synergies across the company’s services and industry sector teams.”
Brown Gibbons Lang Real Estate Partners will represent private and institutional clients in healthcare, commercial, industrial and self-storage real estate.