Joel Torborg
Senior Vice President
Capital Markets
Debt & Structured Finance
Minneapolis-St. Paul
800 LaSalle Avenue
Suite 1900
Minneapolis, MN 55402
Suite 1900
Minneapolis, MN 55402
Professional Experience
Joel Torborg joined the Minneapolis CBRE Capital Markets office in 2007 after ten years as an industrial sales and leasing broker with Northmarq and Transwestern. Joel specializes in structuring and negotiating real estate financings for private and institutional real estate investors. During his career he has structured and financed over $1.25 Billion for his clients in 15 states, including over $250 Million YTD 2016.
Joel has an ability to meet client’s needs by tailoring financial solutions that are unique to their property and specific business plan. Utilizing extensive life insurance company, bank, CMBS and on-book bridge lending relationships, as well as CBRE’s direct lending relationships with Freddie Mac and Fannie Mae, Joel is able to customize capital to maximize return on investments for his clients.
Joel is one of three producers on the Minneapolis Debt & Structured Finance (DSF) team, joining Doug Seylar and Murray Kornberg. Collectively, the team of Torborg, Seylar and Kornberg have over 60 years of real estate financing experience.
Professional Affiliations / Accreditations
- Licensed Minnesota Real Estate Salesperson
- Member, Mortgage Bankers Association of America (MBA)
- Member, Minnesota Bankers Association
- Member, National Association of Industrial and Office PROP (NAIOP)
- Member, Minnesota Commercial Association of Realtors (MNCAR)
- Member, St. Cloud State University Real Estate Alumni Association
Achievements
- St. Cloud State Real Estate Alumni Board of Directors, 1998-1999
- Elected to serve on MNCAR Board of Directors, 2006-2009
- CBRE Minneapolis – Millennium Club, 2012-2013
- CBRE Minneapolis – Chairman's Club, 2014
Education
- St. Cloud State University
Significant assignments
| Borrower | Structure | $ Financing |
|---|---|---|
The Connor Group |
Permanent | $67,125,000 |
| Sterling Real Estate Trust |
Permanent | $62,595,000 |
| Olympus | Bridge | $50,000,000 |
| Hempel Companies | Construction | $49,000,000 |
| EQUUS Capital Partners | Aquisition & Bridge | $43,800,000 |
| Greystar | Permanent | $39,500,000 |
| Dolce Living Communities | Bridge | $34,100,000 |
| WPT Industrial REIT | Permanent | $31,800,000 |
| Artis REIT | Acquisition & Bridge | $28,600,000 |
| WPT Industrial REIT | Permanent | $28,325,000 |
| Greystar | Permanent | $25,000,000 |
| WPT Industrial REIT | Permanent | $24,915,000 |
| Virtu Investments | Permanent | $24,525,000 |
| Welsh Property Trust | Permanent | $24,420,000 |
| Investors Real Estate Trust | Construction | $24,250,000 |
| Garmont, LLC | Permanent | $23,865,000 |
| Art Goldner & Associates | Permanent | $23,800,000 |
Clients
- Allianz
- Artis REIT
- EQUUS Capital Partners
- Gladstone Management Corporation
- Greystar
- Hempel Companies
- HPI Real Estate Services
- Interstate Partners
- IRET (Investors Real Estate Trust)
- Ladder Capital
- Lincoln Financial
- L&B Realty Advisors
- Prudential
- Space Center
- State Farm
- Sterling Real Estate Trust
- Timberland Partners
- UNUM Provident
- Virtu Investments
- Welsh Property Trust
- Woodmen of the World
- WPT Industrial REIT