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CBRE (NYSE:CBRE) has announced the appointment of James Millon as president of U.S. Debt and Structured Finance (DSF).

In his new job, Millon will lead steer CBRE’s U.S.-based DSF business – a provider of commercial and multifamily financing – and will be responsible for expanding the firm’s debt and structured finance capabilities nationwide. CBRE’s DSF business has averaged more than $70 billion of loan originations over the past two years, manages a more than $395 billion loan servicing portfolio. He will be based in the company’s New York City office and will begin his new role on Nov. 1.

Millon, who is based in New York City, has originated more than $75 billion in commercial real estate loans. Millon most recently served as CBRE’s vice chairman and co-head of U.S. Large Loans. Since joining CBRE in 2016, he and his partner Tom Traynor have arranged more than $45 billion of large transactions. Prior to CBRE, Mr. Millon held senior positions in commercial real estate capital markets at Deutsche Bank, and earlier at Société Générale on its large loan origination and structuring team.

“James is a market-leading capital markets expert who knows our clients, people and platform extremely well and is highly regarded across the investor and lender communities,” said Chris Ludeman, Global President of Capital Markets for CBRE. “He is the perfect leader to drive the growth and continued improvement of our DSF business, particularly at this time of market uncertainty when investors rely on our insight and market access.”