Special servicing firm CWCapital Asset Management (CWCAM) has expanded its integrated real estate services platform with two new hires.
The firm hired Eric Ellison and Toni Meyer Walker as managing directors at the special servicing firm. Ellison and Meyer Walker will be responsible for diversifying services and building CWCAM’s third-party business and integrating the offerings of the CW platforms. Both will report to David Iannarone, President of CWCAM.
Ellison and Meyer Walker join a team of 150 professionals with expertise in multiple asset management disciplines and across a broad range of asset types.
They will handle U.S. distressed assets, including Stuyvesant Town/Peter Cooper Village, Extended Stay Hotels and General Growth Properties.
Ellison brings more than 25 years of real estate industry expertise in the U.S. and abroad, with a core focus on distressed and performing real estate, CMBS, RMBS and other consumer loans. He previously worked at Morgan Stanley where he founded and co-headed the bank’s Asia real estate lending and principal finance business, building and overseeing sourcing, underwriting, execution, risk management, distribution and research. He also served as a member of the Global Large Loan Credit Committee and the Japan Investment Banking Management Committee.
Meyer Walker also brings more than 25 years of commercial real estate industry expertise in special assets and underperforming loans and real estate. Before joining CWCAM, she served as senior vice president, special asset management at TriMont Real Estate Advisors, where she led a team of asset managers working mainly with European-based institutional clients who held investment positions throughout the U.S.
Previously, she was senior manager of Ocwen Financial Corp.’s commercial division and has also been affiliated with real estate recovery and the RER Financial Group, a SAMDA contractor for the Resolution Trust Corp., working with their receivership division.