Veteran Real Estate Finance Expert Jonathan Rice Joins Ackerman & Co. to Expand Capital Markets Platform
TL;DR
By hiring Jonathan Rice, Ackerman & Co. gains expertise in capital markets, expanding financing options for investments.
Jonathan Rice, as Executive VP of Capital Markets, will focus on arranging debt and equity financing for third-party clients and in-house investments.
Jonathan Rice's role at Ackerman & Co. creates new opportunities and expands financing options, benefiting the company's investments and contributing to economic growth.
Jonathan Rice has a remarkable track record in arranging over $10 billion in transactions, including iconic projects like Ponce City Market and SkyHouse towers.
Ackerman & Co. has strengthened its capital markets team by recruiting Jonathan Rice, a veteran real estate finance executive with more than two decades of experience at CBRE. Rice will leverage his extensive background in structured finance to expand the company's investment and financing strategies across various commercial real estate sectors.
In his new role, Rice will focus on arranging debt and equity financing for both third-party clients and Ackerman's internal investment portfolio. His expertise spans multiple property types, including hospitality, retail, mixed-use, industrial, and office developments.
Throughout his career, Rice has orchestrated over $10 billion in real estate transactions. His notable past projects include financing groundbreaking developments like Ponce City Market, the SkyHouse multifamily towers, and the Sales Force Tower in Buckhead. These experiences position him to bring significant strategic value to Ackerman & Co.'s investment platform.
Leo Wiener, President of Ackerman Retail, highlighted Rice's deep industry relationships and impressive transaction history as key factors in his recruitment. Rice will collaborate closely with the company's Investments team, including Evan Ziegler, to create innovative capital solutions.
The addition of Rice represents a strategic move for Ackerman & Co. to enhance its capital markets capabilities and potentially unlock new investment opportunities in the competitive commercial real estate landscape.
Curated from 24-7 Press Release