Kathy Anderson, Brad Domenico and Brian Anderson
By Joshua Burd
Cushman & Wakefield has made a major addition in New Jersey, announcing that the Progress Capital team led by Kathy Anderson, Brad Domenico and Brian Anderson has joined its debt and equity group based in East Rutherford.
According to Cushman, the group of veteran mortgage brokers will focus on expanding its coverage in the New Jersey, Connecticut, Long Island and Upstate New York markets. The Progress Capital team, long based in Tinton Falls, will also partner with C&W’s tristate investment sales unit led by Andy Merin, David Bernhaut and Gary Gabriel, as well as Rob Rubano, its head of equity, debt and structured finance.
Kathy Anderson, Progress Capital’s founding partner, joins the real estate services firm as a vice chair, as does Domenico. Brian Anderson joins as an executive managing director.
“The strategic addition of the team led by Kathy, Brad and Brian marks a pivotal step in our ambitious growth plan within New Jersey,” said Peter Bronsnick, Cushman & Wakefield’s managing principal of New Jersey, Pennsylvania and Delaware. “This new team will not only enhance our capital markets capabilities but also elevate our ability to serve a wide range of clients with unparalleled expertise. Aligned with our commitment to diversity and excellence, this move is only the beginning of a transformative journey that promises long-term value and innovative solutions for our clients.”
C&W noted that Gil will continue leading the equity, debt and structured finance platform in New York City, while John Alascio will remain focused on institutional client accounts across the Northeast. An announcement by Progress Capital indicated that a team of roughly 10 has transitioned to the new firm.
“We are pleased to welcome Brad, Kathy, Brian and their entire team as they join our market-leading equity, debt and structured finance platform,” Alascio said. “Their experience and strong client relationships will bolster our capital markets capabilities across the region. The addition of their team enhances our ability to offer a comprehensive range of services to our clients, ensuring seamless integration across the Northeast.”
Kathy Anderson added: “We are eager to hit the ground running. Joining Cushman & Wakefield provides us with a powerful global platform that we will utilize to further expand our market share and enhance client coverage. We look forward to partnering with Rob, John, Gideon and the tristate investment sales team to drive continued growth and success.”
According to a news release, Kathy Anderson brings more than 25 years of banking and finance lending experience, with vast expertise in originating and structuring commercial loans. She serves on the board at Regal Bank and frequently speaks at industry conferences.
Domenico, who has a Wall Street background and expertise in commercial real estate, is experienced in permanent, construction and bridge financing, the news release said. Anderson, a Boston University School of Management graduate, has extensive knowledge in commercial real estate financing and expertise in underwriting and negotiating.
Inside C&W’s ambitious plan to add talent, market share in long-established New Jersey office