Newmark Group, Inc. has hired Jonathan Firestone as co-president, Global Debt & Structured Finance. Firestone will run Newmark’s debt platform alongside New York-based Jordan Roeschlaub. Based in Los Angeles, Firestone joins Newmark from Eastdil Secured after 23 years.

As one of the industry’s most influential institutional finance professionals, Firestone hired, trained and mentored some of the most respected debt professionals in the country. He has executed $175 billion of financing and loan sale transactions over his career, encompassing some of the most prominent and high-profile assets on behalf of leading institutional sponsors.

“We’ve assembled a best-in-class real estate investment banking and advisory business for the next chapter in client services with the broadest international reach and influence, the best and the brightest professionals in all disciplines and the highest-performing Capital Markets platform,” said Newmark CEO Barry Gosin. “Firestone is a generational talent who will work with Newmark’s top-tier professionals across our full-service platform to embrace change and growth.”