Janney Capital Markets named Noam Saxonhouse as director in real estate investment banking.
Saxonhouse joined Janney from FBR Capital Markets and Co., where he most recently was a senior vice president in the real estate investment banking group.
The new hire was formerly a vice president of finance and investor relations with The Mills Corp. He started his real estate investment banking career as an associate with Morgan Stanley.
The hiring of Saxonhouse will support Janney's commitment to providing clients in its key industry sectors with objective advice and superior deal execution.
"Mr. Saxonhouse's extensive knowledge of the REIT sector together with his transactional expertise and industry experience will be invaluable to Janney's clients," said Andrew Schmucker, head of investment banking at Janney Capital Markets. "Janney is growing its investment banking practice by selectively hiring high caliber professionals who help their clients solve their most difficult financial challenges. We are thrilled to have Mr. Saxonhouse joining our team, and are certain that he will enhance Janney's relationship with a broad range of public and private real estate clients."