CBRE Capital Advisors Makes Second Strategic Hire During the Month of July

Ms. Philis Will Strengthen the Firm's Capital-Raising Abilities

CBRE Group, Inc. announced that Elaine Philis has joined CBRE Capital Advisors as director to strengthen the firm’s capital-raising activities.

Ms. Philis is a highly regarded commercial real estate professional with nine years of experience in capital raising and investor relations, in addition to six years of real estate finance underwriting and transactional work. Based in CBRE’s Midtown Manhattan office, Ms. Philis will work closely with Brad Barsily, who heads institutional capital-raising activities in the Americas.

During the course of her career, Ms. Philis has raised more than $1 billion in equity capital for domestic and international real estate private equity funds and separate accounts from institutional investors, endowments, corporate and state pension funds, insurance companies and foundations. Additionally, she has also structured, underwritten and negotiated over $2.5 billion in mortgage loans and joint venture equity transactions.

Ms. Philis is the second key appointment made by CBRE Capital Advisors in the month of July. Last week, CBRE announced that Alex Virtue joined the firm as senior managing director in Los Angeles to expand the firm’s investment banking advisory capabilities while providing coverage in the West.

“Our aim is to hire professionals with a proven track record of success that will add to and complement our current competencies. Elaine is an accomplished professional with an extensive track record in capital raising and also brings a range of critical skills that will undoubtedly strengthen our overall Capital Advisors offering,” said James Scott, Managing Principal, CBRE Capital Advisors.

Most recently, Ms. Philis was with TGM Associates where she focused on investor relations and capital raising. Prior to TGM, Ms. Philis was Head of Equity at Lend Lease of America, focusing on equity capital in the Americas. Previously, she was a director in the capital raising groups at Westbrook Partners and Tishman Speyer.

Ms. Philis is a graduate of the University of Connecticut and the University of Connecticut School of Law, and received her MBA in finance from the Stern School of Business at New York University. She is a member of New York Women Executives in Real Estate and New York Commercial Real Estate Women, where she previously served as a member of the Board of Directors and President, respectively.

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2015 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.