HARTFORD, Conn., July 27, 2016 /PRNewswire/ -- Cornerstone Real Estate Advisers, one of the largest global real estate-focused investment managers, today announced the appointment of Joham Tavera as Vice President of Alternative Investments. In this new role, Mr. Tavera will be responsible for the origination of new structured commercial real estate investments, including mezzanine loans, preferred equity, bridge loans and B-notes, primarily in the Western region of the U.S. Mr. Tavera, who joined Cornerstone on July 18, will be based in the San Francisco Bay Area of California and will report to James Henderson, Chief Investment Officer of Alternative Investments. Joham will be replacing JB Gerber who is moving to the London office to assist in expanding the European high yield debt business.
"Joham is a valuable addition to Cornerstone and our Alternative Investments team," said James Henderson, Chief Investment Officer of Alternative Investments at Cornerstone. "We believe his extensive experience in structured real estate investing will help strengthen our capabilities on the West Coast and capture the growing opportunities we are seeing in the high yield real estate structured lending space."
Mr. Tavera brings over 15 years of experience across the domestic and international commercial real estate market. He joins Cornerstone from ACORE Capital, where he worked on the credit and risk management team and supported the launch of a real estate debt fund focused on whole loan and subordinate investment opportunities in the U.S. Previously, he served at BlackRock as Director of Alternatives, Real Estate Debt, and at Bank of America, where he held the role of Vice President in the Commercial Real Estate Group. Mr. Tavera earned an MBA in Finance with an emphasis in International Business from the University of Michigan and a B.A. in Economics from the University of California – Berkeley.
About Cornerstone Real Estate Advisers
Cornerstone Real Estate Advisers LLC, with subsidiary and affiliate offices in the U.S., UK, Europe, and Asia, is one of the largest global real estate-focused investment managers. It provides core and value-added investment and advisory services, including a comprehensive suite of private and public real estate debt, equity and securities expertise and services, to institutional and other qualified investors around the globe. Cornerstone is a member of the MassMutual Financial Group. For more information, visit www.cornerstoneadvisers.com.
SOURCE Cornerstone Real Estate Advisers