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Profile of Stephen Siegel
 

Stephen Siegel

 
Chmn., Global Brokerage Services - CB Richard Ellis-New England
 
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Company Name : CB Richard Ellis-New England
 
Company Website : www.cbre-ne.com
 
Company Address : 11150 Santa Monica Blvd.
Ste. 1600, Los Angeles, CA,
United States,
 
Stephen Siegel Profile :
Chmn., Global Brokerage Services - CB Richard Ellis-New England
 
Stephen Siegel Biography :

Mr. Siegel is widely regarded in commercial real estate circles as one of the industry’s most talented and prolific professionals. In 2005, he was featured in the Urban Land Institute's book, "Leadership Legacies: Lessons Learned from Ten Real Estate Legends." The previous year, Mr. Siegel was honored with Commercial Property News' Lifetime Achievement Award and named by Crain’s as one of the 100 Most Influential Business Leaders in New York City. Prior to the merger with CBRE, as Chairman and CEO of Insignia/ESG, Mr. Siegel was largely responsible for masterminding the global expansion of the firm, nationwide as well as throughout Europe, Japan, Hong Kong, China, Thailand and Latin America. In that role, he also managed a group that completed approximately $2 billion in co-investments in a wide range of U.S. office, residential, hotel and retail real estate portfolios. Throughout his distinguished career, he has arranged transactions for some of the nation's most prominent corporate clients including, among others, J.P. Morgan Chase & Co.; Sidley Austin Brown & Wood LLP; Fried Frank Harris Shriver & Jacobson LLP; Amerada Hess Corp.; Sanford C. Bernstein & Co.; Swiss Reinsurance; MetLife; Cerberus Capital Management; and Akin, Gump, Strauss, Hauer & Feld LLP. Most recently, Mr. Siegel negotiated Gucci Group's lease at Trump Tower in Manhattan the most valuable retail deal ever completed on behalf of The Trump Organization, a transaction that was recognized by the Real Estate Board of New York as 2006’s Most Creative Retail Deal of the Year. He also advised Hudson Waterfront Associates, a partnership of several overseas investors, on the acquisition of 1290 Avenue of the Americas for $1.25 billion, and then re-sold it one year later to Vornado Realty Trust. In addition, Mr. Siegel arranged the $306 million sale of the parcel on the southeast corner of 42nd Street and Eighth Avenue, the last developable site within the 42nd Street Development Project, to SJP Properties, which is constructing Eleven Times Square, a one million-sq.-ft. office property, on the site.

 
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