By Margaret Jackson / NewsBreak Denver
(Denver, Colo.) Commercial real estate finance firm Tower Capital has expanded into Denver with the addition of Steve Chiles, a veteran capital markets leader who will serve as senior managing director of the new office.
Chiles will provide capital advisory for debt and equity and oversee the growth of the Denver office while helping grow Tower Capital’s presence in the mountain states and West Coast.
During his 40-year career, Chiles has completed more than $9 billion of commercial real estate transactions with an emphasis on institutional and private equity placement.
“Expanding into Denver is a natural evolution for Tower Capital,” said Adam Finkel, principal and co-founder of the company.
“Steve is an experienced capital markets finance expert that investors can count on to move with speed and efficiency, which is critical today given the economic uncertainty, market volatility as well as rising inflation and interest rates.”
Before joining Tower Capital, Chiles was president of La Jolla Capital Partners and Chiles Capital LLC, with offices in Denver and La Jolla, Calif. He also spent eight years with Cantor Fitzgerald as executive vice president of the institutional sales group.
“I’m looking forward to the challenge of expanding a debt and equity advisory service in Denver for such a well-regarded and growing firm,” Chiles said. “I believe there’s a real opportunity to capture even more deal flow being based in Denver as well as bringing a strong network of contacts in California and across the region.”