
CBRE Nabs M&A Pro Croft Young from Morgan Stanley
CBRE Group has appointed experienced investment banker Croft Young as its new Chief Investment Officer (CIO), who will join the company in July and be based in NYC. Young will lead CBRE’s M&A efforts, building on the company’s significant liquidity position.
“It feels fantastic to be joining an industry leader recognized for its innovation and deeply committed to excellence and growth,” said Young. “I look forward to working with my new colleagues to leverage CBRE’s many strengths across its diversified global platform to create value for all our stakeholders.”
With previous stint as managing director in the Real Estate Investment Banking Group at Morgan Stanley, Young has extensive experience in real estate investment banking. He has worked on transactions worth $175 billion, including the sale of Industrial Properties Trust to Prologis and Fairmont Raffles Hotels International to Accor SA. He will join the CBRE’s global Executive Committee and report directly to CBRE’s CEO, Bob Sulentic.