Cadence, a growing capital markets intermediary with a primary focus on raising equity for commercial real estate developers and sponsors, opened a new regional office in the greater Twin Cities area. The new office, at 3601 Minneapolis Drive in Minneapolis, is the third for Cadence, which also has offices in Denver and Chicago.
The Minneapolis-St. Paul regional office will strengthen the company’s Midwest presence and provide developers, sponsors and providers of capital in the area with another choice for capital raising, says Managing Principal Michael Bennett.
Matt Maney will run business development on both equity and debt for Cadence in the Minneapolis office. Prior to his position at Cadence, Maney was a vice president at VennPoint Real Estate and was responsible for underwriting, sourcing, closing and managing opportunistic commercial real estate investments. He also held positions on the Chicago multi-housing team of HFF and at Wynnchurch Capital, a private equity firm investing in middle-market companies in the United States and Canada.