Jeffrey Altman has joined New York-based investment bank Houlihan Lokey as a managing director in the firm’s newly formed Real Estate Strategic Advisory Group. Altman spent the past 13 years at Lazard Ltd. In his new role, he will focus on merger and acquisition advisory, capital raising and other strategic advisory mandates for public and private real estate companies, lenders and investors, the firm said.
Houlihan Lokey, an international investment bank, announced today that Jeffrey Altman has joined the firm as a Managing Director in the newly formed Real Estate Strategic Advisory Group.
Mr. Altman, who spent the past 13 years at Lazard Ltd., will focus on merger and acquisition advisory, capital raising and other strategic advisory mandates for public and private real estate companies, lenders and investors.
“Jeff has a tremendous track record of exceptional client service in complex real estate transactions,” said Matthew Niemann, Managing Director and Head of Houlihan Lokey’s Real Estate Strategic Advisory Group. “As deal activity continues to pick up in both healthy and distressed real estate, Jeff’s expertise will be a valuable addition to our already strong team of advisors.”
Houlihan Lokey is the No. 1 M&A advisor for all U.S. real estate, lodging and leisure transactions, as well as the No. 1 investment banking restructuring advisor globally, according to 2010 rankings by Thomson Reuters. Houlihan Lokey’s board recently combined all of the firm’s real estate advisory services into one group, led by Mr. Niemann.
“We have strengthened our transactional real estate talent and combined them into one group to provide a broader array of services to our clients in the ever fluid area of real estate mergers, acquisitions, finance and restructurings,” said Robert Hotz, Senior Managing Director, Global Co-Head Corporate Finance and Co-Chairman of Houlihan Lokey.
Prior to joining Houlihan Lokey, Mr. Altman worked on more than $50 billion of real estate and lodging-related transactions, most recently advising Extended Stay Hotels and Highland Hospitality in their merger, acquisition and restructuring transactions. He has also advised Centro Properties, Starwood Hotels & Resorts, Mack-Cali Realty, Town and Country Trust and JDN Realty Corporation, among others.
“I am excited to be joining Houlihan Lokey at a time when the firm is expanding around the world,” said Mr. Altman. “My experience fits perfectly into the firm’s market-leading Real Estate Strategic Advisory Group and I look forward to growing the business.”
Mr. Altman joined Lazard in 1998. Prior to that, he was an associate in Arthur Andersen’s Corporate Finance Group. Mr. Altman is a member of the New York Hospitality Council, the National Association of Real Estate Investment Trusts and the International Council of Shopping Centers. He is a frequent speaker at real estate and lodging conferences. Mr. Altman earned a bachelor’s degree with honors and an MBA with highest honors from Washington University in St. Louis.
About Houlihan Lokey
Houlihan Lokey is an international investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, and valuation. The firm is ranked globally as the No. 1 restructuring advisor, the No. 1 M&A fairness opinion advisor over the past 10 years, and the No. 1 M&A advisor for U.S. transactions under $1 billion, according to Thomson Reuters. Houlihan Lokey has 14 offices and more than 800 employees in the United States, Europe and Asia. The firm serves more than 1,000 clients each year, ranging from closely held companies to Global 500 corporations.