CBRE Capital Markets' National Senior Housing Group Co-Leader Has Advised on Placement of More Than $6.2 Billion in Senior Housing Debt Capital in 10-Year Career; Becomes Youngest CBRE VC
CBRE Group, Inc. announced today that Aron Will, co-leader of CBRE Capital Markets’ National Senior Housing team, has been promoted to vice chairman. A 10-year industry veteran, Mr. Will has participated in the financing of more than $6.2 billion in senior housing debt in his career, becoming CBRE’s youngest vice chairman to date.
Mr. Will currently co-heads the National Senior Housing Debt & Structured Finance practice for CBRE Capital Markets, which specializes in the capitalization of independent living, assisted living, Alzheimer’s Care and skilled nursing communities nationwide. Mr. Will was instrumental in launching this platform for the firm in the late 2000s.
“The levels of achievement required to attain the vice chairman title are exceptional client service, adherence to company values and extraordinary financial achievement,” said Brian Stoffers, global president, Debt & Structured Finance, CBRE Capital Markets. “Aron has met and exceeded the measures set by the firm and has expanded its senior housing platform in the process.”
Mr. Will is the recognized market leader whose practice has been focused on the institutional segment of the market; working closely with many of the prevalent private equity investors and REITs. He is member of CBRE’s Colbert Coldwell Circle (top 1% nationally) and was a top 20 producer companywide in 2015. Mr. Will and his team have been recognized as one of the Top 2 senior housing originators in the country from 2010 through 2015. In 2015, the team closed $1.53 billion in debt originations across 72 assets. Mr. Will has also been recognized as a Heavy Hitter by the Houston Business Journal.
“Early on in his career, Aron carved out a niche within CBRE in senior housing agency lending and mortgage banking. He has organically grown CBRE’s platform into the largest senior housing finance practice in the country,” said Cody Armbrister, Senior Managing Director, CBRE. “Aron’s comprehensive product knowledge and thorough understanding of his client’s goals has made him an invaluable extended team member of many of the most astute investors in the space. We look forward to his continued success.”
Mr. Will serves currently serves as an Executive Board Member of American Seniors Housing Association (ASHA). He is also a member on the Senior Housing Council for the Urban Land Institute (ULI) and is on the Strategic Mission Fulfillment committee for the National Investment Center for Senior Housing and Care Industry (NIC).
Mr. Will received his bachelor’s degree in finance from Southern Methodist University, where he graduated as a Distinguished BBA Scholar.
Some of Mr. Will’s most notable assignments include:
• The Fountains Portfolio – $410 million Freddie Mac loan secured by 15 CCRCs nationwide
• The Ranger Portfolio – $350 million Freddie Mac loan secured by 36 assisted living communities nationwide
• Belmont Village Thousand Oaks and Belmont Village Scottsdale- $80 million life company loan placement for two high-quality assisted living/memory care communities in California and Arizona
• The MorningStar Portfolio - $53 million bank loan placement for three assisted living communities in Colorado
• The Village at River Oaks - $49.7 million construction loan placement for a high-quality rental CCRC in Texas
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2015 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.
