{"id":1004703835,"date":"2024-02-27T05:57:23","date_gmt":"2024-02-27T13:57:23","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004703835"},"modified":"2024-02-27T07:44:08","modified_gmt":"2024-02-27T15:44:08","slug":"starwood-capital-group-appoints-new-president","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/starwood-capital-group-appoints-new-president\/","title":{"rendered":"Starwood Capital Group Appoints New President"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a11ebd2a0493&quot;}\" data-wp-interactive=\"core\/image\" class=\"alignright size-full is-resized wp-lightbox-container\"><img decoding=\"async\" data-attachment-id=\"1004703855\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/starwood-capital-group-appoints-new-president\/jonathan-pollack\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/02\/Jonathan-Pollack-e1709042085213.jpg\" data-orig-size=\"1066,800\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Jonathan-Pollack\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/02\/Jonathan-Pollack-e1709042085213.jpg?w=1024\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/02\/Jonathan-Pollack.jpg\" alt=\"\" class=\"wp-image-1004703855\" style=\"width:400px\"\/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">Jonathan Pollack will serve as president at Starwood Capital Group starting next year. <em>Image courtesy of Starwood Capital Group<\/em><\/figcaption><\/figure><\/div>\n\n\n<p><strong>Starwood Capital Group<\/strong> has appointed Jonathan Pollack as president starting 2025. Pollack is replacing Jeffrey G. Dishner, president &amp; COO of Starwood Capital, who will continue to serve as president until Pollack joins the company, after which he will assume the role of vice chairman &amp; head of strategy and business development.<\/p>\n\n\n\n<p>Starwood Capital Group has raised more than $70 billion of capital since its founding in 1991 and has $115 billion worth off assets under management. Chairman &amp; CEO Barry Sternlicht mentioned in prepared remarks that Pollack\u2019s appointment is a testament to his experience at a global level and that he will join and lead all of Starwood\u2019s committees.<\/p>\n\n\n\n<p>Jonathan Pollack will join Starwood Capital from <strong>Blackstone<\/strong>, where he has served as global head of the company\u2019s Real Estate Credit business, also known as BREDS, since 2016. Pollack, a Northwestern University graduate with a BA in Economics, was also a member of Blackstone\u2019s Real Estate Executive Committee and Investment Committee, as well as of the firm\u2019s Operating Committee. <\/p>\n\n\n\n<p>In December 2023, BREDS acquired the $17 billion commercial property loan portfolio of Signature Bank, auctioned by the FDIC. Blackstone was the <a href=\"https:\/\/www.commercialsearch.com\/news\/blackstone-leads-bidding-for-signature-banks-17b-cre-loan-portfolio\/\">front-runner in the bidding<\/a> since November and was at that time in competition with <strong>Brookfield Asset Management<\/strong> and Starwood Capital Group. <\/p>\n\n\n\n<p>Prior to Blackstone, Pollack was the global head of commercial real estate at <strong>Deutsche Bank<\/strong> for 16 years, working for the London and New York headquarters. During his tenure, the bank became a top CMBS issuer and a leading special situations investor following the 2008 global financial crisis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jonathan Pollack previously worked at Blackstone and Deutsche Bank.<\/p>\n","protected":false},"author":2829,"featured_media":1004703855,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16,23891,21742],"tags":[32892,32791,34880],"class_list":["post-1004703835","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international","category-national","category-latest","tag-blackstone","tag-deutsche-bank","tag-starwood-capital-group"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Starwood Capital Group Appoints New President - 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