Matt Murray is to take over from Steve Harle as head of EMEA loan servicing at CBRE Capital Advisors.
Murray will manage CBRE’s 55-strong loan servicing team in the UK, Germany and Spain. He will be responsible for the team’s continued expansion as well as implementing technology and new servicing products, such a corporate and infrastructure loans. He will report to Clarence Dixon, global head of loan services.
Murray joins from Mount Street Group where he was executive director and head of primary servicing. In that role he managed a team of 22 employees and was responsible for a portfolio of over 300 CRE loans across the UK and Europe.
Commenting on the appointment, Dixon said: ‘We have seen rapid growth in our Loan Services division over the last few years and so we are delighted to welcome Matt into the team to continue to drive this positive momentum. Matt’s broad range of client contacts and his wealth of experience in driving operational improvements, will be invaluable as we strive to continue to provide a best in class service for our clients.’
Murray added: ‘I’ve watched from afar as Clarence and his team at CBRE Loan Servicing have built a market-leading, third-party Servicing platform and I’m delighted to be joining the group to help drive that continued growth story. I’m looking forward to meeting my new colleagues and clients and am very excited about the opportunities in the sector currently.’
Murray’s predecessor Harle will move into a more strategic position as head of business development and operations.
CBRE globally manages over $300 bn of commercial real estate debt while in EMEA CBRE’s Loan Servicing team has over £55 bn of AUM and manages 675 loans across Europe. So far in 2021, the team has onboarded £9 bn of new loans in Europe.