CBRE Group, Inc. announces that Blake Ilgenfritz has joined CBRE Affordable Housing team as vice president of Debt & Structure Finance. Mr. Ilgenfritz will manage transactions from engagement to closing utilizing his extensive knowledge of Freddie Mac TAH, Fannie Mae MAH, and FHA loan programs.

“We are excited that Blake has decided to join CBRE Affordable Housing as Vice President. His experience in the specialized field of affordable lending, specifically his extensive knowledge and relationships with the Fannie and Freddie affordable platforms will make him a great resource for our clients,” said Mr. Sheppard.

Prior to joining CBRE, Mr. Ilgenfritz served in various underwriting and origination roles with Prudential Mortgage Capital Company’s affordable lending platform. During this tenure, he specialized in the structuring of mortgage loans and credit enhancements for transactions including tax-exempt bond financed projects, LIHTC projects, and Section 8 projects.

Mr. Ilgenfritz earned a Bachelor of Science degree in finance with a concentration in commercial real estate, from Penn State University. He holds a Chartered Financial Analyst designation and is a member of the Urban Land Institute and the CFA Society Washington, DC.

CBRE Affordable Housing is a specialty group within CBRE Group, Inc. that combines investment sales, debt and structured finance, and investment banking into a fully integrated service offering for clients in the affordable housing industry. The group has closed more than $13.3 billion in sales and financing since 2001 and have conducted transactions in all 50 states.

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development

services. Please visit our website at www.cbre.com.