Press Release: Holliday Fenoglio Fowler
January 15, 2002
DALLAS, TX -- Holliday Fenoglio Fowler has hired former Sonnenblick-Goldman Company Managing Director and Principal
Manuel de Zarraga, Managing Director Dan Carlo, as well as Vice President Hermen Rodriguez and their support team
to continue the strategic expansion of the firm's Investment Sales Group, as well as to strengthen the firm's debt,
equity, and structured finance lines of business in the southeast U.S. and key markets in Latin America. The new
team will be based in Miami within Holliday Fenoglio Fowler's existing Miami office, and the hirings are effective
immediately.
``The addition of these leading professionals to our Miami team underscores our focus on building the preeminent
real estate investment banking and investment sales practice in the country by attracting the industry's most regarded
professionals,'' said Executive Managing Director John H. Pelusi, Jr., who serves on Holliday Fenoglio Fowler's
executive committee.
De Zarraga and Carlo -- after 14 and 10 years, respectively, with Sonnenblick-Goldman -- join Holliday Fenoglio
Fowler as senior managing directors. Rodriguez, after eight years with Sonnenblick-Goldman Company, will join as
a senior director. Other former Sonnenblick-Goldman team members joining Holliday Fenoglio Fowler include Associate
Ike Ojala, Senior Real Estate Analyst Kim Mallery and other support team members.
The de Zarraga-Carlo team has developed a leading position and reputation in the Southeast and Latin America in
representing both institutional and entrepreneurial property owners and developers in the sale and re-capitalization
of all property types, including the 780,000-square foot Miami Center office tower, the 3.9 million-square foot
MICC industrial park, the Hyatt Regency Westshore, Ritz-Carlton Amelia Island Resort, and the Grupo Multiplan regional
mall portfolio.
The team has also recently executed major capital transactions involving urban development sites, high-rise and
garden style apartments and luxury condominiums towers.
Clients recently represented by the team include Prudential Real Estate Investors, Colony Advisors, Citibank, Metropolitan
Life Insurance Company, Urdang Realty Advisors, Grupo Cisneros, Crescent Resources, RREEF, Japan Development Company
and Nissho Iwai. The team has advised the Commonwealth of Puerto Rico on the privatization of its hotel portfolio,
and currently serves as the U.S. advisor to Brazil's largest regional mall developer/owner.
The addition of these professionals to the firm's existing Investment Sales and Miami teams, combined with the
recent additions of Glenn Whitmore (formerly head of CB Richard Ellis' national account group); Joe Morningstar
(former partner of Rockwood) and Andrew Scandalios (formerly of Rockwood) in New York; Matthew Lawton and John
Simon (both formerly part of CB Richard Ellis' multi-family national account group) in Chicago, and; Jeff Stone
and Andrew Levy (both formerly of Eastdil) in Dallas allows the company to compete nationally for investment sales
assignments of any size, product type or complexity.
Holliday Fenoglio Fowler is the country's largest intermediary of capital for the commercial real estate industry.
Since 1997, the national mortgage banking firm's debt, equity/structured finance and investment sales transactions
have totaled more than $50 billion.
Photographs available upon request. Please contact Michelle Frith with Byrne Johnson at 972/830-7301 or mfrith@bji.com.
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Contact:
Holliday Fenoglio Fowler, Miami
Manuel de Zarraga/J. Daniel Carlo, 305/448-1333
or
Holliday Fenoglio Fowler, Pittsburgh
John H. Pelusi, Jr., 412/281-8714
or
Byrne Johnson
Rich Johnson, 972/830-7312
rjohnson@bji.com