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Cushman & Wakefield Expands Capital Markets and EDSF Services with Addition of David Lancaster

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Cushman & Wakefield has appointed Dave Lancaster as Executive Managing Director in their Equity, Debt & Structured Finance (EDSF) platform. Based in Chicago, Lancaster will lead EDSF services focused on capital markets advisory for production home builders across the U.S.

The appointment targets the residential home building market, valued at over $500 billion, with approximately 1.4 million homes built annually and an estimated 63,000 production home builders. Lancaster joins from Tile Capital, where he was a Founding Principal, bringing experience from roles at Builders Capital, JPMorgan, UBS, and Carmel Partners.

The strategic hire aims to address the increasingly complex single-family residential debt market, where homebuilders require sophisticated capital advisory for debt structuring and new off-balance sheet land acquisition strategies.

Cushman & Wakefield ha nominato Dave Lancaster come Direttore Esecutivo nella loro piattaforma Equity, Debt & Structured Finance (EDSF). Con sede a Chicago, Lancaster guiderà i servizi EDSF focalizzati sulla consulenza nei mercati dei capitali per i costruttori di abitazioni in produzione negli Stati Uniti.

Questa nomina si rivolge al mercato delle costruzioni residenziali, valutato oltre 500 miliardi di dollari, con circa 1,4 milioni di abitazioni costruite annualmente e una stima di 63.000 costruttori di abitazioni in produzione. Lancaster proviene da Tile Capital, dove era un Fondatore Principale, portando con sé esperienza da ruoli maturati in Builders Capital, JPMorgan, UBS e Carmel Partners.

Questa assunzione strategica mira a risolvere le sempre più complesse esigenze del mercato del debito residenziale unifamiliare, dove i costruttori di case necessitano di consulenze di capitale sofisticate per la strutturazione del debito e per nuove strategie di acquisizione di terreni fuori bilancio.

Cushman & Wakefield ha nombrado a Dave Lancaster como Director Ejecutivo en su plataforma de Equity, Debt & Structured Finance (EDSF). Con sede en Chicago, Lancaster liderará los servicios EDSF enfocados en asesoría en mercados de capitales para constructores de casas en producción en los EE. UU.

Esta designación está dirigida al mercado de construcción residencial, valorado en más de 500 mil millones de dólares, con aproximadamente 1.4 millones de casas construidas anualmente y una estimación de 63,000 constructores de casas en producción. Lancaster se une a Tile Capital, donde fue Principal Fundador, aportando experiencia de cargos en Builders Capital, JPMorgan, UBS y Carmel Partners.

Esta contratación estratégica tiene como objetivo abordar el mercado de deuda residencial unifamiliar, que se vuelve cada vez más complejo, donde los constructores de viviendas requieren asesoría de capital sofisticada para la estructuración de la deuda y nuevas estrategias de adquisición de terrenos fuera de balance.

Cushman & Wakefield는 Dave Lancaster를 Equity, Debt & Structured Finance (EDSF) 플랫폼의 전무 이사로 임명했습니다. 시카고에 본사를 둔 Lancaster는 미국 전역의 주택 건설업체를 위한 자본 시장 자문에 중점을 두고 EDSF 서비스를 이끌 것입니다.

이 임명은 매년 약 140만 채의 주택이 건설되고, 63,000명의 생산 주택 건설업체가 추정되는 5,000억 달러 이상의 가치가 있는 주택 건설 시장을 목표로 하고 있습니다. Lancaster는 Builder Capital, JPMorgan, UBS 및 Carmel Partners에서의 경력을 지닌 Tile Capital에서 공동 설립자로 합류합니다.

전략적 채용은 점점 더 복잡해지는 단독주택 주거 부채 시장에 대응하는 것을 목표로 하며, 주택 건설업체는 부채 구조 조정 및 새로운 오프-밸런스 시트 토지 인수 전략을 위한 정교한 자본 자문이 필요합니다.

Cushman & Wakefield a nommé Dave Lancaster au poste de Directeur Général Exécutif au sein de sa plateforme de Finance d’Equité, de Dette et de Stratégies Structurées (EDSF). Basé à Chicago, Lancaster dirigera les services EDSF axés sur le conseil en marchés financiers pour les constructeurs de maisons individuelles aux États-Unis.

Cette nomination vise le marché de la construction résidentielle, évalué à plus de 500 milliards de dollars, avec environ 1,4 million de maisons construites chaque année et environ 63 000 constructeurs de maisons en production. Lancaster rejoint Tile Capital, où il était Principal Fondateur, apportant une expérience issue de ses fonctions chez Builders Capital, JPMorgan, UBS et Carmel Partners.

Cette embauche stratégique a pour objectif de répondre à la complexité croissante du marché de la dette résidentielle unifamiliale, où les constructeurs de maisons nécessitent un conseil en capital sophistiqué pour la structuration de la dette et de nouvelles stratégies d'acquisition de terrains hors bilan.

Cushman & Wakefield hat Dave Lancaster zum Executive Managing Director ihrer Equity, Debt & Structured Finance (EDSF) Plattform ernannt. Mit Sitz in Chicago wird Lancaster die EDSF-Dienstleistungen leiten, die sich auf die Beratung des Kapitalmarktes für Produktionshausbauer in den USA konzentrieren.

Die Ernennung zielt auf den Wohnungsbau-Markt, der auf über 500 Milliarden Dollar geschätzt wird, mit jährlich etwa 1,4 Millionen gebauten Häusern und geschätzten 63.000 Produktionshausbauern. Lancaster kommt von Tile Capital, wo er Mitbegründer war, und bringt Erfahrungen aus Rollen bei Builders Capital, JPMorgan, UBS und Carmel Partners mit.

Die strategische Einstellung zielt darauf ab, den zunehmend komplexen Markt für Einfamilienhausfinanzierungen zu adressieren, in dem Hausbauer anspruchsvolle Kapitalberatung für die Strukturierung von Schulden und neue Off-Balance-Sheet-Strategien zur Grundstücksakquisition benötigen.

Positive
  • Strategic expansion into $500 billion residential home building market
  • Addition of experienced executive with extensive capital markets background
  • Enhancement of EDSF services targeting 63,000 production home builders
Negative
  • None.

New Executive Managing Director will spearhead Equity, Debt & Structure Finance efforts serving production home builders in the U.S.

CHICAGO--(BUSINESS WIRE)-- Cushman & Wakefield announced today that Dave Lancaster joined the firm as Executive Managing Director in the firm’s Equity, Debt & Structured Finance (EDSF) platform.

David Lancaster (Photo: Business Wire)

David Lancaster (Photo: Business Wire)

Based in Chicago, Lancaster will lead Equity, Debt & Structured Finance services focused on capital markets advisory for production home builders throughout the U.S. Residential home building is a more than $500 billion market, with builders constructing approximately 1.4 million homes annually in the U.S. The industry includes an estimated 63,000 production home builders.

“Dave brings a wealth of experience to help us better serve a growing market and provide critical capital markets advisory to home builders and developers,” said Rob Rubano, U.S. Head of EDSF at Cushman & Wakefield. “What’s more, Dave’s addition demonstrates our commitment to growing our Capital Markets and EDSF platforms and innovating to expand our services.

“As the single-family residential debt market has become increasingly complex and fragmented, homebuilders have grown to need more sophisticated capital advisory in locating and structuring debt,” Rubano continued. “Additionally, builders are exploring new off-balance sheet land acquisition and lot development strategies, and for the production home builder’s capital stack, we can provide market-leading advisory services to address an evolving market and connect the dots.”

Lancaster joins Cushman & Wakefield from Tile Capital, where he was a Founding Principal of the Palo Alto-based family office commercial real estate capital advisory firm. He also has served as a loan originator for Builders Capital, the largest private lender to home builders in the country; the President and Chief Investment Officer of a real estate related family office; a senior banker at JPMorgan, UBS and Boston Private; and a Director at Carmel Partners, a real estate private equity firm in San Francisco. He is a graduate of Vanderbilt University.

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2023, the firm reported revenue of $9.5 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit www.cushmanwakefield.com.

Media Contact:

Bailey Webb

bailey.webb@cushwake.com

Source: Cushman & Wakefield

FAQ

What is the market size for residential home building that CWK is targeting?

Cushman & Wakefield is targeting a residential home building market valued at more than $500 billion, with approximately 1.4 million homes built annually in the U.S.

What is Dave Lancaster's role at CWK and what will he focus on?

Dave Lancaster joins as Executive Managing Director in the EDSF platform, focusing on capital markets advisory for production home builders throughout the U.S.

How many production home builders could potentially benefit from CWK's expanded services?

An estimated 63,000 production home builders in the U.S. could potentially benefit from Cushman & Wakefield's expanded EDSF services.

What is the strategic importance of Lancaster's appointment for CWK's EDSF platform?

The appointment strengthens CWK's ability to provide sophisticated capital advisory services in the increasingly complex single-family residential debt market, particularly for debt structuring and off-balance sheet land acquisition strategies.

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