DALLAS – Cassidy Turley, a leading commercial real estate services provider in the U.S., announced that Beth Lambert-Saul and Diego Arroyave have joined the firm as Executive Managing Director and Senior Vice President, respectively.
Ms. Lambert-Saul and Mr. Arroyave expand Cassidy Turley’s capital markets debt and equity placement expertise, and their addition to the firm establishes Cassidy Turley’s Texas Capital Markets platform. They join Cassidy Turley from Vision Capital, a boutique commercial real estate investment banking and capital advisory firm that provided fully integrated national capital markets services including permanent and interim debt origination and placement, highly leveraged participating debt, mezzanine debt, note financing, structured finance, and preferred and joint-venture equity. Additionally, they provided custom advisory and consulting services for operators, investors and developers in major metropolitan markets across the U.S. At Vision, Ms. Lambert-Saul and Mr. Arroyave strategically advised multifamily, retail, hotel, industrial and office clients on engineering profitable capital-stack solutions on investments exceeding $500 million.
“Beth and Diego bring unique qualifications to Cassidy Turley, as they have a proven track record of executing debt and equity transactions on a broad range of property types,” said Noble Carpenter, Executive Managing Director, Principal, and leader of Cassidy Turley’s capital markets business. “Their experience and relationships with institutional investors and endowments and trusts enables them to understand the ramifications of structuring transactions with the right joint-venture and equity partners and appropriate debt placement, guiding the process from due diligence and acquisition ultimately to a highly profitable exit strategy.”
Prior to founding Vision Capital, Ms. Lambert-Saul, a 25-year commercial real estate veteran, served as Vice President/Director at Archon Group (a Goldman Sachs company) where she had a notable 12-year career. At Archon, she led the portfolio and fund management team for Archon’s $14 billion of assets, both domestically and internationally. In that role, she was responsible for closing in excess of $1 billion annually of debt transactions including construction financings, acquisition financings, portfolio and single-asset financings, partnership recapitalizations and buyouts, credit facilities, REIT financing and mezzanine debt. She transacted the company’s first M&A investment, acquiring 30 assets totaling $750 million and requiring the privatization of 18 public partnerships owned by 65,000 investors, as well as the formation of a new operating company. Ms. Lambert-Saul also led the $1.25 billion Archon Capital mezzanine platform, having direct responsibility for restructuring and managing the $875 million revolving credit facility. While serving on Archon’s Global Executive Team, she developed joint-venture structures in seven countries and assisted in establishing new operating platforms in three different countries.
Additionally, Ms. Lambert-Saul served as National President of CREW in 2006 and on its national board from 2004 to 2007. Locally, she served as CREW Dallas President in 2001 and on its board of directors from 1999 to 2003. She also has served on The Real Estate Council’s Board of Directors.
Prior to founding Vision Capital, Mr. Arroyave’s 12-year commercial real estate career involved periods at Winchester Carlisle Advisors, Cobalt Capital Partners, CBRE and Archon Group in acquisition, disposition and investment properties brokerage roles. As Vice President at Winchester Carlisle, he was involved in establishing the firm’s REO and traditional real estate divisions as startups, and he directed dispositions and marketing for more than 600 REO assets for a consulting firm representing some of the largest financial institutions in the U.S. At Cobalt (a USAA Company), he oversaw acquisition due diligence for transactions involving 6.5 million square feet of commercial real estate valued at $350 million. He is actively involved with the University of Wisconsin Real Estate Alumni Association.
“Locally and nationally, Beth and Diego are a powerhouse team in the world of commercial real estate finance,” said Bret Bunnett, Regional Managing Principal,Texas, at Cassidy Turley. “The addition of Beth and Diego will establish Cassidy Turley’s Capital Markets platform in Dallas and will result in a collaborative effort for a broader scope of services locally, regionally and nationally. While they will be working across the U.S., we welcome them as part of our Dallas team.”
About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with more than 3,600 professionals in more than 60 offices nationwide. The company represents a wide range of clients—from small businesses to Fortune 500 companies, from local non-profits to major institutions. The firm completed transactions valued at $22 billion in 2011, manages 455 million square feet on behalf of institutional, corporate and private clients and supports more than 28,000 domestic corporate services locations. Cassidy Turley serves owners, investors and tenants with a full spectrum of integrated commercial real estate services—including capital markets, tenant representation, corporate services, project leasing, property management, project and development services, and research and consulting. Cassidy Turley enhances its global service delivery outside North America through a partnership with GVA, giving clients access to commercial real estate professionals in 65 international markets. Please visit www.cassidyturley.com for more information about Cassidy Turley.