Jones Lang LaSalle Adds Industry Veterans to Capital Markets Roster

Chicago-based ""Jones Lang LaSalle"":http://www.joneslanglasalle.com, a financial and professional services firm specializing in real estate, recently added three structured finance experts to its real estate investment banking (REIB) team. William Cavagnaro and Brion Haist joined as EVPs, and Jonathan Morris was hired as a managing director.
[IMAGE] Cavagmaro and Haist are responsible for advancing the firm's credit tenant lease (CTL) financing program. CTL financing is a securitization vehicle used to finance assets leased to public and private credits.

With more than 30 years of industry experience, Cavagnaro helped create the CTL product. He spent the last few years as a managing director at Regions Financial Corporation and its sister company, Morgan Keegan & Company, Inc. He received an M.S. in finance from Adelphi University's School of Money & Banking and holds securities licenses in Series 7& 63.

Haist is a former VP at Regions Financial Corporation and its wholly owned investment banking subsidiary, Morgan Keegan & Company. He received an M.A. in economics from the University of St. Andrews in Scotland and holds both the Series 7 and 63 securities licenses.

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""The addition of Bill and Brion is another step towards extending our expertise with the market's most seasoned financing experts as we grow all sectors of our capital markets business,"" said Mike Melody, executive managing director of Jones Lang LaSalle's capital markets business. ""We're moving our real estate investment banking business into a full-service product line, and Bill and Brion have considerable experience in the credit-tenant financing business that will support our client's interests.""

Morris is responsible for advancing the firm's strategic advisory expertise to the firm's public and private real estate investment trust (REIT) clients.

Morris served as an executive with several REITs, including Boston Properties and the Charles E. Smith Companies. He was also an EVP, COO, and managing director for Capital Markets with Rosecliff Realty. Most recently, Morris was the CEO for Prince George's Metro Center. He also co-founded LMH Realty Group, LLC.

""As we continue to broaden the scope of our capital markets expertise, Jonathan's past experience as a senior officer of three extremely successful REITs will enable us to greatly enhance our offerings to clients,"" Melody said. ""Jonathan offers more than 20 years of experience within the industry along with the deep relationships that coincide with that experience, and we are confident that his abilities - combined with our firm's global platform - will connect us with key players within the REIT arena.""

These additions follow Jones Lang LaSalle's recent acquisition of certain assets of the Atlanta-based commercial real estate lending and servicing group of Primary Capital Advisors, allowing Jones Lang LaSalle to operate as a Freddie Mac Program Plus seller/servicer.