NEW YORK, Aug. 22, 2012 /PRNewswire/ -- Cantor Fitzgerald announced today that Steven Kantor has been appointed Chairman of Cantor Commercial Real Estate (CCRE), and Jeffrey Lumby and Charles Edelman have been appointed as Co-Heads of Cantor's Investment Banking business.
Shawn P. Matthews, Chief Executive Officer of Cantor Fitzgerald & Co., stated, "Cantor's Investment Banking business aligns our underwriting, sales and trading, capital raising, and global distribution platform. With Jeff and Charles leading this integrative approach, Cantor Fitzgerald's Investment Banking team focuses on assisting growth-oriented clients develop innovative and effective solutions across the capital structure and the full range of their strategic business needs." Mr. Matthews added, "We wish Steve great success with his new responsibilities contributing to the continuing growth of Cantor Commercial Real Estate."
Mr. Lumby continues to serve as Senior Managing Director and Head of Equity Capital Markets and Mr. Edelman continues to serve as Managing Director and Global Head of Mergers & Acquisitions and Financial Restructuring. They both report to Mr. Matthews.
Mr. Kantor, who has served as Global Head of Investment Banking and is one of the co-founders of CCRE, will move to his new role as Chairman of CCRE. A leading integrated commercial real estate financing company, CCRE continues to grow under the leadership of Chief Executive Officer, Anthony Orso, who will report to Mr. Kantor. Providing innovative financing solutions to the real estate capital markets, CCRE originates, underwrites, structures and securitizes commercial real estate mortgages and mezzanine loans in major markets.