Tuesday, April 6, 2010

ARA Finance Taps Former Cushman &Wakefield Executive Tom MacManus for President and COO Position

BOCA RATON, FL— Boca Raton, FL-headquartered ARA Finance, a joint venture of Apartment Realty Advisors (ARA) and CWCapital LLC  has hired Tom MacManus as President and Chief Operating Officer. MacManus will report to the ARA Finance Executive Committee, comprised of ARA and CWCapital senior executives, and will be based out of the Boca Raton, FL office of ARA.

MacManus joins ARA Finance with 30 years of industry experience.šš He previously served as Executive Vice President and head of New York City-based Cushman & Wakefield‘s Debt & Equity Finance practice.š He served in a leadership role in the firm’s acquisition of Sonnenblick Goldman in July of 2007 and was subsequently appointed Chairman and Chief Executive Officer of Cushman & Wakefield Sonnenblick Goldman – the New York-based investment banking group.š Prior to his positions at Cushman & Wakefield, he held various senior leadership positions during his nine year career with GMAC Commercial Mortgage Corp. (GMACCM).š

“We are very pleased to have someone of Tom’s caliber leading ARA Finance.š He’s a results-driven leader who will excel at taking this platform to the next level in terms of lending and lending sources,” said ARA founding principal and ARA Finance Management Committee member, Marc deBaptiste. (top right photo)

National Contacts:
Amy Holland or Lisa Robinson, Apartment Realty Advisors, (404) 495-7300,     
lrobinson@ARAusa.com, http://www.arausa.com/