Tower Capital, a leading capital adviser in CRE finance, has expanded with a new team in California, adding three capital markets leaders and opening a new office in Los Angeles. The latest additions boost its newly formed, retail-focused Capital Markets Group to five members, led by Geoffrey Harris, who arrange capital for clients across multiple markets including California, Texas and the Sun Belt.
The latest to join in California are Alex Chenarides, who will serve as senior vice president; Monica Pendergast, who joins as a transaction manager; and Adam Folz, who joins as a capital adviser. The Capital Markets Group also includes Tanner Johnson, a vice president. The expansion in California follows Tower Capital’s growth in Texas, where it opened a Dallas office earlier this year, and expansion in Denver in 2022.
Tower Capital’s Adam Finkel, CCIM, managing partner and co-founder, said, “The expansion into California marks a significant milestone for Tower Capi