Matthews™ Broadens Capital Advisory Services with Acquisition of Cadence Capital Partners
Matthews Real Estate Investment Services | August 18, 2021
Matthews Real Estate Investment Services, a commercial real estate investment services and technology firm, today announced the acquisition of one of the industry’s most respected capital advisory firms Cadence Capital Partners, a company with a significant track record in the institutional and private client capital market space. With Cadence joining the firm, Matthews will now offer a full suite of capital solutions to solve every real estate funding need through the Matthews Capital Markets Division. Cadence was founded in 2017 by real estate executives, Michael Bennett and Jay Soave.
Cadence arranges equity and debt across all commercial property types. The company is unique to the industry as it focuses on equity first, partnered with a robust debt execution platform. With offices in Denver and Chicago, the firm excels in identifying capital sources outside the usual groups looking for opportunities, distinguishing themselves as a go-to authority for sourcing capital. They have originated and executed over $2.4 billion in transactions and placed over $850 million in equity and debt.
Kyle Matthews, Chairman & CEO of Matthews Real Estate Investment Services, stated, “We are pleased to announce and welcome Cadence principals and supporting employees to our growing Matthews™ roster. This signifies another step in our aggressive growth as we continue to expand and elevate our client relationships through expanding service lines.”
David Harrington, Executive Vice President & Managing Director, added, “We look forward to not only making a meaningful impact in the equity space but also growing our overall presence in the Denver and Chicago markets across all Matthews service lines. We are also amid additional capital markets initiatives that will propel the Matthews™ platform into the future. These additional announcements will be public soon.”
The equity service line under the Matthews Capital Markets Division will solve one of the most vexing aspects of real estate acquisition by bringing equity solutions in-house. Michael Conway, along with JT Johnson, will be Vice Presidents of the equity service line and complement the Matthews investment sales platform, providing fully integrated commercial real estate solutions. John Heitmann, also from Cadence, will be an integral part of the expanding presence in debt origination for Matthews™. Both Michael Bennett and Jay Soave will serve as executives and continue to help grow and advise the strategic direction for the division. Matthews™ is committed to redefining the brokerage experience and providing industry-leading advisory and support to clients. With this announcement, Matthews™ will also be expanding services to both Chicago and Denver markets.
Matthews Real Estate Investments Services, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Founded in El Segundo, CA, and strategically positioned in over ten offices across the United States, Matthews continues to expand into new markets.