New York–Steven Weilbach has joined Cushman & Wakefield as senior managing director of capital markets and head of the firm’s growing multifamily practice as U.S. multifamily practice leader. Based in San Francisco, he will be responsible for overseeing the firm’s continued growth in the multifamily arena, directing strategic initiatives, business development and client service.
Mr. Weilbach is a 20-year veteran of the commercial real estate industry with extensive experience in the multifamily property sector. In his most recent position, he was a principal, managing director and chief investment officer of Pacific Property Company, based in Palo Alto, Calif. At Pacific, Weilbach directed all investment activity for the firm. During his tenure, the firm acquired more than 100 multifamily properties valued at more than $2.4 billion, many in joint ventures with the leading institutional equity investors in the multifamily space.
The appointment of Weilbach follows closely the announcement on May 10 of a strategic alliance between Cushman & Wakefield and Walker & Dunlop, focused on multifamily agency financing and investment sales.