New York — CBRE Group announced today that Patrick Arangio, co-leader of CBRE’s Capital Markets’ National Loan Sale Advisory Group, has been promoted to vice chairman. The 13-year industry veteran has participated in the advisory and placement of more than $18 billion in loan sales during his career. At age 34, he will become Capital markets’ youngest vice chairman.
In 2012, Arangio earned a spot on The Mortgage Observer’s Top 20 Under 35.
“The levels of achievement to attain the vice chairman title are extraordinary in tenure, financial achievement and adherence to company values,” said Christopher Ludeman, president, CBRE Capital Markets. “In every measure, Patrick has met and exceeded the standards set by the firm.”